CosmicTaco

Zomato Infuses INR 1,500 Cr In Blinkit Amid Competition

CosmicTaco · 2025-02-25T09:29:48.014502+05:30

- Zomato has injected INR 1,500 Cr in Blinkit, its quick commerce arm. - This fund infusion follows a previous INR 500 Cr investment a month ago. - In total, Zomato has invested INR 4,300 Cr in Blinkit since its acquisition. - Blinkit’s board approved the issuance of 7,612 equity shares to Zomato Limited. - Each share is valued at INR 19,70,171, bringing the total allotment value to INR 1,499.7 Cr. Source: [Inc42](https://inc42.com/buzz/zomato-injects-inr-1500-cr-in-blinkit/)

Zomato has injected INR 1,500 Cr in Blinkit, its quick commerce arm.
This fund infusion follows a previous INR 500 Cr investment a month ago.
In total, Zomato has invested INR 4,300 Cr in Blinkit since its acquisition.
Blinkit’s board approved the issuance of 7,612 equity shares to Zomato Limited.
Each share is valued at INR 19,70,171, bringing the total allotment value to INR 1,499.7 Cr.

Source: Inc42

9mo ago

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