Blinkit raises $100 Mn from Zomato; in talks for another $300 Mn
Image Credit: economic times
Quick commerce unicorn Blinkit has closed a new funding round of $100 Mn from food delivery giant Zomato. In an internal note to Blinkit employees, as seen by ET, Albinder Dhindsa, cofounder at Blinkit, wrote that the company will focus on growth and on increasing its speed of execution, while also reducing its burn rate as much as possible.