Zomato has invested an additional Rs 500 crore in its quick-commerce subsidiary Blinkit, bringing its total investment to Rs ...
Zomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August ...
Zomato infuses Rs 500 crore in Blinkit as competition in quick commerce intensifies. This and more in todays ETtech Top 5.
As per Blinkit’s regulatory filings, it allotted 2,537 equity shares at an issue price of INR 19.7 Lakh (19,70,181) each to ...
Brokerages tracked by Business Standard estimate Zomato's profit after tax (PAT), on an average, to increase 65.5 per cent ...
The latest investment, which comes shortly after Zomato’s Rs 8,500 crore QIP, brings the firm’s total investment in Blinkit ...
Currently, Blinkit holds a 45% market share in the quick commerce segment, along with the highest gross order value (GOV), exceeding $3 billion.
Zomato shares jumped 3% to INR 248.65 apiece on the BSE after JM Financial reiterated its ‘buy’ rating on the stock.
The GOVs of all the quick commerce players have been growing strongly. In case of Zomato and Swiggy, the GOV growth has been ...
The latest infusion comes after Zomato raised Rs 8,500 crore through a Qualified Institutions Placement (QIP) in November 2024.