Zomato agreed to acquire Blinkit (formerly Grofers) in an all-stock deal; this materially changed ownership and strategy.
SourcePublic company, workplace, funding, and market signals
Updated Aug 16, 2026
Grofers was an Indian grocery delivery company founded in 2013 that rebranded to Blinkit and pivoted from scheduled grocery delivery to instant/quick commerce. Today the operating brand is Blinkit, which offers doorstep delivery of groceries, essentials, and some non-grocery items in minutes.
Primary product
Instant grocery and essentials delivery (quick commerce)
Founded
2013
Headquarters
Gurgaon / Gurugram, Haryana, India
Team size
8.5K
Industry
Technology, Information and Internet
Sub-industry
Quick commerce / grocery delivery
Offices
Business model
Stage
Acquired / corporate-backed
Total raised
$1.6B
Latest round
Corporate Round · Mar 2026
Latest amount
$48.8M
Nov 2025 · Zomato
Sep 2021 · KTB Ventures
Leadership
Albinder Dhindsa
Co-founder / CEO (historical primary executive; current title not fully verified from primary sources in this search)
Saurabh Kumar
Co-founder
Deepinder Goyal
Zomato founder; Blinkit parent company leader through acquisition context
Investors
Public signals emphasize high ownership, speed, execution, and operations-heavy work. Hiring posts repeatedly mention bias for action, problem-solving, and fast-moving environments.
Compensation
No reliable public compensation bands found in the retrieved primary sources. Hiring posts emphasize roles in operations, store management, and product operations, but not pay ranges.
Pricing
Retail product pricing plus delivery/service economics; exact customer pricing logic not publicly detailed in the sources retrieved.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $250M-$300M annual revenue (Exa-linked estimate: $276.1M)
Zomato agreed to acquire Blinkit (formerly Grofers) in an all-stock deal; this materially changed ownership and strategy.
SourceReports said Blinkit had been struggling to raise funds and was burning significant cash monthly before acquisition talks.
SourceReports noted Blinkit had shut many dark stores/warehouses to streamline cash and focus on 10-minute delivery.
SourceFortune 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.
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.
7 jobs at Grofers