Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading …
12 hours ago · Zomato's stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a significant loss in Blinkit due to …
Zomato acquires Blinkit for $568 million in instant ... - TechCrunch
Jun 24, 2022 · Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings …
Zomato’s Acquisition of Blinkit: A Strategic Move in the Quick …
Sep 1, 2024 · In June 2022, Zomato announced the acquisition of Blinkit in an all-stock deal valued at approximately $568 million, a strategic move that underscored Zomato’s …
Zomato completes acquisition of quick commerce company Blinkit
Aug 11, 2022 · Zomato has completed the acquisition of quick commerce company Blinkit (formerly Grofers) and its warehousing and ancillary services business, the food delivery major …
All about the Zomato and Blinkit deal - iPleaders
Oct 14, 2022 · Shareholders of Blinkit will receive one Zomato share for every ten Blinkit shares. Zomato made a $100 million investment in Blinkit earlier in March 2022 in exchange for a …
Zomato Blinkit Acquisition: Why Zomato has decided to acquire Blinkit …
Jun 25, 2022 · Zomato acquired Blinkit: The Board of the food delivery company Zomato on June 24, 2022, approved the acquisition of quick commerce company Blinkit for Rs. 4,447 crores in …
Zomato infuses ₹500 crore in Blinkit - The Financial Express
Jan 17, 2025 · Zomato has invested an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (RoC).
Zomato to infuse Rs 300 crore in quick commerce unit Blinkit as …
Jun 11, 2024 · With the latest investment, Zomato has infused Rs 2,300 crore in Blinkit since it acquired the company in August 2022, as per the filings. Zomato acquired Blinkit, formerly …
Zomato Completes Acquisition of Quick-Commerce Startup Blinkit
Aug 10, 2022 · Zomato said its board has approved the allotment of 62.85 Cr fully paid-up equity shares of the company to acquire 33,018 equity shares of BCPL for a total consideration of …
Zomato approves Blinkit acquisition for ₹4,447 crore - Mint
Jun 24, 2022 · The board of Zomato has approved the acquisition of Blinkit for ₹ 4,447 crore in an all-stock deal, the food delivery company said in a statement on Friday.