Indian foodtech Zomato acquires delivery brand Blinkit for $568 million
Zomato, an India-based online platform connecting customers to restaurants and food brands has acquired Blinkit, an instant delivery brand for $568.1 million.
- Blinkit, formerly Grofers, ventured into 10-minute delivery last year.
- The acquisition will help Zomato explore instant grocery delivery in India.
- Founded in 2010, Zomato is a technology platform for linking restaurants, delivery partners and customers to meet their needs.
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