BlinkIt

Retail Asia26/07/2022

Shares of Indian food-delivery company Zomato plunged 14.3 per cent to a record low today, as a one-year lock-in period for promoters, employees and other investors came to an end following last year’s listing. Zomato made a stellar debut on July 23 last year in the Mumbai market, but its shares have lost more than […]

Retail Asia27/06/2022

The top brass of food delivery app Zomato are set to come together on the 17th of June to pen to paper and make the acquisition of Indian based start-up company Blinkit officially complete. The deal is set to be of a stock exchange type at a ratio of 1:10 where Blinkit will get a share […]

Retail Asia03/05/2022

Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute delivery service to more cities in India and grow its network of dark stores. Existing backer Y Combinator Continuity led Zepto’s Series D round, valuing the Mumbai-headquartered startup at about $900 million, up from $570 million in […]

Retail Asia22/12/2021

Indian on-demand grocery-delivery service, Zepto, has bagged US$100 million during its Series-C funding, taking its value to US$570 million within five months of its launch. Led by Y Combinator’s Continuity Fund, the round included investors Nexus, Breyer Capital, Global Founders Capital and Glade Brook, among others. The Series-C funding follows Zepto’s earlier funding round in […]

Tag: BlinkIt

India’s Zomato shares tumble to record low

Zomato boosts Blinkit delivery stake for US$568 million

Indian grocery startup Zepto raises new funds at $900 million valuation

Indian online grocer Zepto secures $100 million investment