Blinkit
Indian quick-commerce company / From Wikipedia, the free encyclopedia
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Blink Commerce Private Limited, d/b/a Blinkit and formerly Grofers, is an Indian quick-commerce service.[6][7][8] It was founded in December 2013 and is based out of Gurgaon.[9][10]
Formerly | Grofers (2013–2021) |
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Company type | Private |
Industry | E-commerce, Online shopping |
Founded | December 2018; 5 years ago (2018-12) |
Founders |
|
Headquarters | Gurgaon, Haryana, India |
Area served | India |
Key people |
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Services | Online grocer[2] |
Revenue | ₹3,542 crore (US$440 million) (FY23)[3] |
₹−1,190 crore (US$−150 million) (FY23)[3] | |
Number of employees | 3,866 (2021)[4] |
Parent | Zomato[5] |
Website | www |
Customers of the company use a mobile application to order groceries and essentials online. Blinkit's employees then secure the items from their warehouse and deliver the items to the consumer within 10 minutes.[11] By November 2021, the company was delivering 1.25 lakh orders every day.[12] Blinkit currently operates in more than 30 cities in India. As of 2021, the company has raised about US$630 million from investors including SoftBank, Tiger Global and Sequoia Capital.[13][14][15]
In 2022, Zomato acquired Blinkit for US$568 million in an all-stock deal.[16][17]