Blinkit
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$10.0m | Series A | ||
$35.0m | Series B | ||
$120m Valuation: $400m | Series C | ||
N/A | $14.7m | Series D | |
$61.5m | Series E | ||
$200m Valuation: $1.0b | Series F | ||
$10.0m Valuation: $1.0b | Series F | ||
N/A | $19.9m | Late VC | |
* | N/A | $5.8m Valuation: $644m | Late VC |
$55.0m | Late VC | ||
$120m Valuation: $1.0b | Late VC | ||
$16.7m Valuation: $1.0b | Series G | ||
* | $100m | Debt | |
* | $568m Valuation: $568m | Acquisition | |
* | $36.0m | Growth Equity VC | |
Total Funding | $705m |
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Recent News about Blinkit
EditBlinkit, formerly known as Grofers, is a rapid delivery service specializing in fresh groceries and daily essentials. The company operates in the online retail market, targeting urban consumers who seek convenience and speed in their shopping experience. Blinkit leverages a network of 'dark stores'—small warehouses located strategically within cities—to ensure that orders are delivered within 10 minutes. This business model allows Blinkit to serve a wide range of clients, from busy professionals to families, who value time-saving solutions. The company generates revenue through direct sales of products listed on its platform, as well as through partnerships with various brands and suppliers. Blinkit also offers competitive pricing and cashback offers, making it an attractive option for cost-conscious shoppers. The platform supports multiple payment methods, including net banking, cash on delivery, and its own Grofers Cash. With a single app, users can order from a selection of over 5,000 products, including fresh produce, dairy, personal care items, and household goods. Blinkit's commitment to customer satisfaction is evident in its easy return policy, allowing users to return products at their doorstep and receive refunds within hours.
Keywords: rapid delivery, fresh groceries, dark stores, urban consumers, competitive pricing, cashback offers, multiple payment methods, wide assortment, customer satisfaction, online retail.