Zomato board to give nod for Blinkit acquisition next week
Shortpedia
Content Team
Image Credit: business standard
The board of foodtech giant Zomato will meet on June 17 to give its assent for the acquisition of quick-commerce startup Blinkit (formerly Grofers). The news comes almost two months after reports of Blinkit’s merger with Zomato in a share-swap deal emerged. The deal was likely to value Blinkit at around $700 Mn – $800 Mn.
