comfortable rakhi adopted sis, @letsblinkit,” wrote Zomato on X on August 19. Replying to this, Blinkit stated: “Adopted nahi acquired hota hai..itna bada hogaya pata nahi kab seekhega.”
In 2022, Zomato acquired Blinkit for round $570 million in an all-stock deal. The fast commerce agency was backed by SoftBank, Tiger International and Sequoia Capital India (now Peak XV Companions).
The meals supply platform surpassed its market expectations as the corporate just lately reported a web revenue of Rs 253 crore for the quarter ending June 30. Zomato’s fast commerce arm, Blinkit, skilled performed a significant position because it noticed a income development of 145% year-on-year, reaching Rs 942 crore.
Blinkit provided worldwide providers on Rakhi
On Rakhi, Blinkit launched a global order service to allow Indians residing overseas to ship Rakhis and items to their family members in India. The service was obtainable in choose international locations, together with the US, Germany, Netherlands, Japan, France, and Canada.
On this service, Blinkit provided a curated number of Raksha Bandhan necessities, similar to rakhis, sweets, snacks, and different festive objects. This growth aligns with Blinkit’s current efforts to diversify its product choices, which now embody sports activities tools, gaming consoles, electronics, magnificence and make-up, and toys and video games.
In an X put up shared on August 18, Albinder Dhindsa, founder and CEO of Blinkit stated: “We’ve switched on worldwide orders on Blinkit until August 19. People residing overseas can now place orders on Blinkit to ship Rakhis and items to their siblings in India and we are going to ship in 10 minutes.”