Tech
Blinkit gets Rs 600 crore cash boost from parent Eternal
[ad_1]
India’s largest quick commerce platform Blinkit has received a Rs 600 crore (around $68 million) fund infusion from its parent company Eternal, according to a regulatory filing made with the Registrar of Companies (RoC).
With this, Eternal has injected Rs 2,600 crore into Blinkit this year. The Gurugram-based company, which also runs the food delivery platform Zomato, had invested Rs 1,500 crore in February and Rs 500 crore in January in Blinkit.
Blinkit is in the midst of an aggressive dark store scale-up and plans to have 3,000 such…
[ad_2]
Source link
Continue Reading