A Cure For The Cash Burn Problem?

When Eternal’s quick commerce arm Blinkit hinted at moving to an inventory led model, the first reaction was this would increase its up front costs and put a lot of pressure on driving sales. 

And earlier this week, reports indicated the platform has already informed sellers about the change. In this new inventory model, Blinkit will directly purchase goods from sellers, rather than facilitating third-party listings on its marketplace. 

This is a key reason for Eternal’s recent cap table changes to become an Indian-owned-and-controlled…