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Blinkit Posts Second Consecutive Contribution Positive Quarter

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Blinkit 11 Minutes: Zomato-owned Blinkit to deliver printouts in 11  minutes, ET Retail
  1. Zomato is expanding its Hyperpure vertical into food processing and supply of semi-finished perishables.
  2. In Q3 FY24, Hyperpure saw more than a 2X year-on-year growth in revenue to INR 859 Cr.
  3. The revenue for Hyperpure in Q3 grew 15% quarter-on-quarter from INR 745 Cr reported in the previous quarter.
  4. Zomato has been gradually scaling up its Hyperpure vertical for nearly five years.
  5. In 2022, Zomato suggested that Hyperpure had the potential to become as big as or even bigger than its food delivery business.
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