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ZOMATO ACQUIRED BLINKIT
Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%Eternal Q4 Results: Eternal, operator of Zomato and Blinkit, announced strong financial results for the fourth quarter. The company saw a s...
JioMart network serves 1,200 cities through 3,100 stores: Reliance Retail CFO Dinesh TalujaReliance Retail hyperlocal commerce arm JioMart has built the widest network in the country, serving 1,200 cities through 3,100 stores, a m...
Pocket FM elevates Lalit Gangwar as COO to lead global operationsIn his new role, Lalit Gangwar will lead the company’s audio vertical as it expands internationally and oversee business operations and mon...
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
Buildit: Eternal CEO Albinder Dhindsa turns author, pens book on Blinkit’s journeyAlbinder Dhindsa, Eternal CEO and Blinkit cofounder, is launching his book Buildit, announced book publisher HarperCollins. The book, price...
Once considered asking Albinder Dhindsa to step aside at Blinkit: Deepinder GoyalZomato founder Deepinder Goyal revealed he once thought of removing Blinkit CEO Albinder Dhindsa. This was due to potential conflict of int...
Zomato infuses Rs 500 crore in quick commerce platform BlinkitZomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August 2022. This late...
Adopted sis and acquired: Blinkit's reply to Zomato's Rakshabandhan message goes viral; Check what it meansZomato and Blinkit had a good-natured social media exchange on Raksha Bandhan. Zomato acquired Blinkit in 2022 for $570 million. Zomato rep...
Zomato to infuse Rs 300 crore in quick commerce unit Blinkit as battle intensifies with Swiggy, ZeptoFood delivery company Zomato will infuse Rs 300 crore into its quick commerce unit Blinkit, as per filings made with the RoC. With this, Zo...
Zomato’s Rs 300-crore Blinkit boost; Ola Electric gets IPO nodFood delivery company Zomato will infuse Rs 300 crore into its quick commerce unit Blinkit. This and more in today’s ETtech Top 5.
Zomato Hyperpure acquires Blinkit’s warehousing, ancillary services businessZomato acquired Blinkit's ancillary service for about $8 million in cash.
Blinkit acquisition was objectively evaluated: Zomato founder Deepinder GoyalThe controversy around the deal has been on the pricing of the transaction and Goyal's conflict of interest arising from his close ties wit...
Rishi Arora elevated as Blinkit cofounderThe elevation of Arora as the cofounder comes on the back of the exit of Blinkit cofounder Saurabh Kumar in June last year. Kumar went on t...
Blinkit acquisition to add significant addressable market for Zomato: CEO Deepinder GoyalBlinkit’s proprietary tech platform, the scale of business, and relationships with third-party brands and sellers are key to Zomato.
Blinkit on Zomato Plate: Board OKs Rs 4,447cr DealTransaction value 40% lower than Blinkit’s last valuation of just over $1 b; Blinkit shareholders to get about 7% in Zomato
Zomato board likely to approve Blinkit acquisition on Friday"Pursuant to Regulation 29 of Listing Regulations, as amended, this is to inform you that a meeting of the board of directors of Zomato Lim...
Zomato and Blinkit likely to merge in share-swap dealWhile the contours of the deal are being finalised, it is expected that shareholders of Zomato would get 10 Blinkit shares for each held in...