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Foodtech Tech in India

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

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
Indian foodtech Zomato acquires delivery brand Blinkit for $568 million
Photo by Kai Pilger / Unsplash

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.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

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