About Blinkit
Blinkit is a company based in Gurugram (India) founded in 2013 by Saurabh Kumar and Albinder Dhindsa. Blinkit has raised $757.12 million across 14 funding rounds from investors including Zomato, SoftBank Group and Timesgroup. Blinkit has completed 2 acquisitions, including MyGreenBox and Townrush. Blinkit operates in a competitive market with competitors including Swiggy, Dunzo, Firstclub, Beldara and KiranaPro, among others.
- Headquarter Gurugram, India
- Founders Saurabh Kumar, Albinder Dhindsa
- Stage Soonicorn
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Sectors
Retail
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Email
Locked
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$757.12 M (USD)
in 14 rounds
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Latest Funding Round
$150 M (USD), Debt – Conventional
Mar 11, 2022
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Investors
Zomato
& 16 more
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Employee Count
Not available
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Investments & Acquisitions
MyGreenBox
& 1 more
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People of Blinkit
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Funding Insights of Blinkit
Blinkit has successfully raised a total of $757.12M across 14 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Blinkit
Blinkit has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Zomato, SoftBank Group and Timesgroup.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and startups.
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Venture and private equity investments are managed with global diversification.
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Early and growth-stage startups are invested in by KTB Ventures.
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Investor details for Blinkit
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Investments & Acquisitions by Blinkit
Blinkit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MyGreenBox and Townrush.
Investment portfolio details for Blinkit
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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On-demand B2B hyperlocal delivery
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Mobile-first grocery delivery service
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Blinkit
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Blinkit
Detailed financials for Blinkit
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- Profit trends
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Blinkit Comparisons
Peer comparison for Blinkit
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Competitors of Blinkit
Blinkit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Swiggy, Dunzo, Firstclub, Beldara and KiranaPro, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Food and grocery items are ordered via an online network.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Curated membership platform for food products is operated.
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Multi-category products are sourced via B2B marketplace platform.
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Multi-category food products from local stores are retailed online.
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Detailed competitors of Blinkit
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Latest news on Blinkit
Complete news archive for Blinkit
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Frequently Asked Questions about Blinkit
Blinkit was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Blinkit is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Albinder Dhindsa is the current CEO of Blinkit. They have also founded this company.
Blinkit is a funded company, having raised a total of $757.12M across 14 funding rounds to date.
Blinkit was founded in 2013 and is headquartered in Gurugram, India. The platform operates in the e-commerce sector, focusing on quick commerce for groceries and daily essentials. Access is provided to items such as fresh produce, snacks, personal care products, and electronics through a network of local fulfillment centers. Orders are typically fulfilled and delivered within ten minutes across supported urban areas.
Blinkit has made 2 acquisitions, including MyGreenBox, and Townrush.
Blinkit has 17 investors. Key investors include Zomato, SoftBank Group, Timesgroup, Peak XV Partners, and SoftBank Vision Fund.
The valuation of Blinkit is $931.72M as of Sep 2021.