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
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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Investments & Acquisitions
MyGreenBox
& 1 more
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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.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Debt – Conventional — $150.0M
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First Round
First Round
(06 Oct 2014)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Debt – Conventional - Blinkit | Valuation |
investors |
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| Sep, 2021 | Amount | Series G - Blinkit | Valuation | KTB Ventures | |
| Jun, 2021 | Amount | Series G - Blinkit | Valuation | Zomato |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Early and growth-stage startups are invested in by KTB Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Blinkit
Blinkit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MyGreenBox and Townrush. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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On-demand B2B hyperlocal delivery
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2015 | ||||
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Mobile-first grocery delivery service
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Blinkit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blinkit Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food and grocery items are ordered via an online network.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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| domain | founded_year | HQ Location |
Curated membership platform for food products is operated.
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| domain | founded_year | HQ Location |
Multi-category products are sourced via B2B marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category food products from local stores are retailed online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blinkit
Frequently Asked Questions about Blinkit
When was Blinkit founded?
Blinkit was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Blinkit located?
Blinkit is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Blinkit?
Albinder Dhindsa is the current CEO of Blinkit. They have also founded this company.
Is Blinkit a funded company?
Blinkit is a funded company, having raised a total of $757.12M across 14 funding rounds to date. The company's 1st funding round was a Series G of $120M, raised on Oct 06, 2014.
What does Blinkit do?
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.
Who are the top competitors of Blinkit?
How many acquisitions has Blinkit made?
Blinkit has made 2 acquisitions, including MyGreenBox, and Townrush.
Who are Blinkit's investors?
Blinkit has 17 investors. Key investors include Zomato, SoftBank Group, Timesgroup, Peak XV Partners, and SoftBank Vision Fund.
What is Blinkit's valuation?
The valuation of Blinkit is $931.72M as of Sep 2021.
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