Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit

Gurgaon-based Zomato will infuse fresh capital of Rs 300 crore into its quick commerce business, Blinkit, according to a regulatory filing with the Registrar of Companies, as reported by The Economic Times.

With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022. Zomato had purchased Blinkit, formerly known as Grofers, in an all-stock deal valued at Rs 4,477 crore.