Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021 (Manish Singh/TechCrunch)







Manish Singh / TechCrunch:

Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021  —  Zomato is acquiring Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million deal as the loss-making food delivery firm looks …





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