{"id":897460,"date":"2025-01-18T11:27:41","date_gmt":"2025-01-18T05:57:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=897460"},"modified":"2025-01-18T11:27:41","modified_gmt":"2025-01-18T05:57:41","slug":"blinkit-gets-rs-500-crore-zomato-boost","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/18\/blinkit-gets-rs-500-crore-zomato-boost\/","title":{"rendered":"Blinkit gets Rs 500 crore Zomato \u2018boost\u2019"},"content":{"rendered":"<p>Gurgaon-based food delivery giant Zomato has further invested Rs 500 crore in its quick-commerce subsidiary, Blinkit, according to a recent regulatory filing. This brings Zomato&#8217;s total investment in Blinkit to Rs 2,800 crore since acquiring the company in an all-stock deal worth Rs 4,477 crore in August 2022.<\/p>\n<p>The investment follows Zomato&#8217;s recent Rs 8,500 crore capital raise through a qualified institutional placement (QIP), which the company stated would be used to strengthen its balance sheet amidst intensifying competition in the quick-commerce sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gurgaon-based food delivery giant Zomato has further invested Rs 500 crore in its quick-commerce subsidiary, Blinkit, according to a recent regulatory filing. This brings Zomato&#8217;s total investment in Blinkit to Rs 2,800 crore since acquiring the company in an all-stock deal worth Rs 4,477 crore in August 2022. The investment follows Zomato&#8217;s recent Rs 8,500 crore capital raise through a qualified institutional placement (QIP), which the company stated would be used to strengthen its balance sheet amidst intensifying competition in the quick-commerce sector.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-897460","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/897460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=897460"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/897460\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=897460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=897460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=897460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}