Blinkit reportedly shuttered about 50 dark stores and laid off hundreds of workers amid a cash crunch and cost-cutting push.
SourcePublic company, workplace, funding, and market signals
Blinkit, formerly Grofers, is an Indian quick-commerce platform that delivers groceries and everyday essentials in minutes and is now operated as a subsidiary of Eternal (formerly Zomato).
Primary product
10-minute grocery and essentials delivery app
Founded
2013
Headquarters
Gurugram (Gurgaon), Haryana, India
Team size
8,000-9,000
Industry
Technology, Information and Internet
Sub-industry
Quick commerce / online grocery delivery
Offices
Business model
Stage
Acquired by Eternal (formerly Zomato); previously late-stage VC-backed
Total raised
$914.1M
Latest round
Conventional Debt · Mar 2022
Latest amount
$150M
Investors
Blinkit publicly emphasizes a learning-organization culture, sustainability consciousness, founder mindset, extreme ownership, active listening, and bias toward action.
Compensation
Public salary bands are not disclosed. Employee-review sites generally describe pay and incentives as acceptable to strong, but recurring complaints mention long hours and weak work-life balance.
Benefits
Pricing
Retail pricing on goods sold through the app, with delivery/platform charges and promotions; the business has increasingly moved toward inventory-led retail margins.
Differentiators
Technology
Estimated revenue
$200M-$300M
Estimated monthly visits
16M
Traffic estimate as of Jun 2026
Fortune India · Jul 2026
Coverage focused on Blinkit’s move toward inventory ownership and stronger unit economics, with management emphasizing returns over discounts.
The Economic Times · Jul 2026
Blinkit reported operating profitability in Q1, with fast growth in NOV, more stores, and management saying competition remains high but more predictable.
The Financial Express · Jul 2025
Blinkit’s rapid store expansion and improving margins helped drive Eternal’s topline, while competition stayed intense across quick commerce.
Reuters · May 2025
Reuters reported that investor sentiment stayed strong despite a sharp profit drop, because Blinkit’s revenue more than doubled and store count kept rising.
7 jobs at Grofers
Customers
Competitors
Reuters and other outlets reported continued profit pressure and intense competition as Blinkit expanded stores and subsidized delivery to defend market share.
The Economic Times · Feb 2025
Zomato injected Rs 1,500 crore into Blinkit, taking its total post-acquisition support to Rs 4,300 crore, while Blinkit continued to expand amid intense quick-commerce competition.