ETtech Q&A | Replicating Blinkit’s quick commerce moves won’t ensure success: CEO Albinder Dhindsa

India’s largest quick commerce platform, Zomato-owned Blinkit, came close to breaking even in the July-September quarter of this fiscal year before its cash burn increased amid heightened competition in the sector. While the pressure to keep up with younger entrants remains, the Gurugram-based company’s founder and CEO Albinder Dhindsa tells ET’s Pranav Mukul and Samidha Sharma, there is a misconception that if Blinkit can be profitable, its heavily loss-making rivals can get there too. Dhindsa also speaks about how prioritising only market share won’t be a sustainable approach, in addition to the reason why Blinkit raised fresh capital and the rationale behind entering 10-minute food delivery. Edited excerpts:

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