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E Commerce

Zomato Injects INR 1,500 Cr In Blinkit


SUMMARY

Foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit

The latest fundraise comes a month after Zomato injected INR 500 Cr into the quick commerce arm

With the latest funding, Zomato has injected a total of Rs 4,300 Cr in Blinkit since its acquisition

Amid the intensifying competition in the quick commerce sector, foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit. 

According to Blinkit’s regulatory filing, the company’s board of directors approved the…



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