Blinkit Unicorn Acquired
Blinkit is an Indian quick-commerce platform that delivers groceries and daily essentials to customers' doorsteps in minutes from a network of local "dark stores." Originally launched as Grofers in 2013, it rebranded to Blinkit in December 2021 and was acquired by Zomato (now Eternal Limited) in 2022, becoming Eternal's quick-commerce business alongside Zomato food delivery, District and Hyperpure.
Blinkit: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 15 Mar 2022 | Debt / Loan | $150 Mn loan | Zomato (Eternal) | source |
| 1 Feb 2022 | Venture Debt | $10 Mn | InnoVen Capital | source |
| 29 Sep 2021 | Series G (tranche) | $16.7 Mn | KTB Ventures | source |
| 29 Jun 2021 | Strategic Investment | $100 Mn | Zomato (Eternal) | source |
| 15 May 2019 | Series F | $220 Mn | SoftBank Vision Fund KTB Ventures Sequoia Capital Tiger Global Management | source |
| 19 Mar 2018 | Series E | ₹400 Cr (~$61.6 Mn) | SoftBank Tiger Global Management | source |
| 6 Oct 2014 | Seed | $500K | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 24 Jun 2022 | Zomato (Eternal) | Blinkit | $568.1 Mn all-stock deal (~₹4,447 Cr) | source |
Recent Signals
News on Blinkit
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27 Aug 2026
Sugar Supply Crunch: Blinkit And Instamart Cap Purchases -
25 Aug 2026
Blinkit Pause New Product Launches From August 31 Amid Festive Rush -
14 Aug 2026
Blinkit, Zepto and Instamart Face Scrutiny Over MRP, Discounts and Hidden Fees -
12 Aug 2026
Blinkit Warehouse Licence Suspended After FDA Finds Hygiene Violations in Mumbai -
11 Aug 2026
Blinkit Food Licence Suspended in Mumbai Over Cockroaches and Safety Lapses -
31 Jul 2026
Zee Moves Delhi HC Against Blinkit Over Alleged Copyright Violation -
22 Jul 2026
Blinkit Q1 FY27 Daily Orders Cross 36 Lakh as Dark Store Count Tops 2,400 -
22 Jul 2026
Eternal spends Rs 945 crore on advertising in Q1 FY27 -
22 Jul 2026
Blinkit revenue surges 552% to Rs 15,664 crore; Adds 200 dark stores in Q1 FY27 -
22 Jul 2026
Blinkit Lost ₹308 Crore to Inventory Spoilage, Damage and Theft in Q1 -
7 Jul 2026
Blinkit begun piloting premium grocery service “Gourmet” -
2 Jul 2026
Blinkit Meghalaya entry hits a roadblock
L Litmus · by Lapaas
See the full business-model breakdown and validation framework for this company.
View Litmus AnalysisFAQs on Blinkit
Who founded Blinkit?
Blinkit was founded by Albinder Dhindsa, Saurabh Kumar, Rishi Arora in 2013.
How much funding has Blinkit raised?
Blinkit has raised $558.8 Mn across 7 tracked funding round(s), most recently on 2022-03-15. Figures are compiled from cited public sources.
Who are the investors in Blinkit?
Investors in Blinkit include Zomato (Eternal), InnoVen Capital, KTB Ventures.
What does Blinkit do?
Blinkit is an Indian quick-commerce platform that delivers groceries and daily essentials to customers' doorsteps in minutes from a network of local "dark stores." Originally launched as Grofers in 2013, it rebranded to Blinkit in December 2021 and was acquired by Zomato (now Eternal Limited)…
Where is Blinkit headquartered?
Blinkit is headquartered in Gurugram, Haryana, India.
What is Blinkit's business model?
Blinkit's core value proposition centers on Ultra-fast delivery of everyday essentials, Broad assortment beyond groceries.
How does Blinkit make money?
Blinkit's cited revenue streams include Sale of grocery and retail products (inventory-led model), Retail media / advertising (Blinkit Ads / Brand Central).