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 (announced facility) | $150 Mn loan facility | 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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22 Oct 2026
Blinkit Targets 3,500 Stores by FY27 as CEO Bets on Smaller Cities -
22 Oct 2026
Eternal Shares Rise 2% After Strong Q2 Results as Brokerages See Up to 34% Upside -
21 Oct 2026
Eternal’s Deepinder Goyal Flags AI Agent Risk for District, Sees Blinkit and Zomato Protected by Fulfilment Infrastructure -
21 Oct 2026
Blinkit and Zepto Face a Freshness Test as They Expand Into Premium Produce -
18 Oct 2026
FDA Files FIR Against Reliance, Blinkit and Zomato Hyperpure Officials Over Expired Food -
17 Oct 2026
Maha FDA Names Blinkit CEO, Reliance Officials in Expired Food Probe -
10 Oct 2026
Eternal EV Bazaar: Zomato and Blinkit Expand EV Access for Delivery Partners -
10 Oct 2026
31 Lakh Indians Earned Through Zomato and Blinkit in FY26, Says Deepinder Goyal -
8 Oct 2026
Blinkit Tops Quick-Commerce Product Availability at 94.4%: Bernstein -
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
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).