Know How Blinkit Aims To Push 10-Minute Grocery Delivery Amid Competition
3 years ago

Know How Blinkit Aims To Push 10-Minute Grocery Delivery Amid Competition

ABP News  

Bengaluru: Betting on the 10-minute instant delivery of grocery, e-commerce company Grofers’ Founder and Chief Executive Officer Albinder Dhindsa announced rebranding of the platform as Blinkit on Monday. In a move to push its quick commerce offering across Indian cities, the company has partnered with local store owners and following a ‘dark store strategy’ dedicated towards online e-commerce deliveries. Blinkit faces stiff competition from foodtech giant Swiggy, which is focussing on 15-minute delivery through its Instamart offering, and quick grocery delivery start-up, Zepto, which also offers 10 minutes delivery. According to Moneycontrol report, the company was registering more than one million orders per week and aims to roll out 15-minute deliveries to top cities by January next year.

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History of this topic

Swiggy launches new standalone app SNACC. Here's all you need to know
Trending News
1 day, 6 hours ago

Swiggy launches new standalone app SNACC. Here's all you need to know

India Today  

Bengaluru-based food delivery company Swiggy has launched a new app called SNACC, which is focused on delivering snacks, beverages, and quick meals within 10 to 15 minutes. The app can be downloaded on both Android and iOS platforms, signaling Swiggy’s foray into the ultra-fast food delivery space, a market segment that's growing rapidly. With this move, Swiggy is entering a …

Woman orders via Blinkit, Zepto and Swiggy to see who delivers first. Guess who won
2 days, 6 hours ago

Woman orders via Blinkit, Zepto and Swiggy to see who delivers first. Guess who won

India Today  

A Hyderabad woman turned her curiosity into a quick experiment, pitting three quick-commerce apps – Blinkit, Zepto, and Swiggy Instamart – against each other to determine who delivers the fastest. She and her friend Aryan ordered different items from the apps simultaneously to test their promised delivery times: Swiggy Instamar: Sid Farm’s milk Zepto: Milky Mist paneer Blinkit: Super You …

Quick commerce in India: Boon or bubble waiting to burst?
Trending News
1 week ago

Quick commerce in India: Boon or bubble waiting to burst?

Live Mint  

Quick commerce has rapidly emerged as a fast-growing segment and a game-changer in India’s retail industry, merging the convenience of e-commerce with ultra-fast deliveries. Key players and market dynamics India’s q-commerce sector is dominated by Blinkit, Zepto, and Swiggy’s Instamart. According to news reports, q-commerce platforms have diverted approximately $1.28 billion in sales from these stores, representing 21% of the …

Why an IIT alum’s hospital delivery experience with Blinkit is winning the internet
Trending News
1 week, 2 days ago

Why an IIT alum’s hospital delivery experience with Blinkit is winning the internet

Hindustan Times  

Online grocery delivery services have become essential to modern life, especially in urban areas. An IIT Bombay alum shared a post on X highlighting this service of Blinkit with a special message from the company. Alongside, he wrote, “My heart goes out to the person who has thought of optimising for this, thanks Blinkit.” His screenshot shows an option informing …

Zomato’s Blinkit launches Bistro app: How does it compare with Zepto Cafe? All we know about ’new growth frontier’
3 weeks, 6 days ago

Zomato’s Blinkit launches Bistro app: How does it compare with Zepto Cafe? All we know about ’new growth frontier’

Live Mint  

Zomato's Blinkit launches Bistro app: Food aggregator and delivery platform Zomato's grocery arm Blinkit has lauched its new food delivery app called Bistro. Available on Google Play Store and with plans for roll-out on Apple's iOS soon, the new app challenegs the lucrative quick food delivery space just as Zepto announced the separate launch of Zepto Cafe app. Next Growth …

How Blinkit, Swiggy, Zepto are changing India's sex toy game
1 month ago

How Blinkit, Swiggy, Zepto are changing India's sex toy game

India Today  

Mishka, 32, an IT professional, gets her groceries delivered from a well-known quick commerce platform. According to Anushka Gupta, co-founder of MyMuse, “People are becoming more aware of their desires and needs, thanks to the media showcasing diverse relationships and portraying intimacy in a more realistic way.” Arjun Siva, business head of Love Depot adds that India’s young and urban …

Swiggy to increase Instamart delivery charges? Here's what we know
1 month ago

Swiggy to increase Instamart delivery charges? Here's what we know

Hindustan Times  

Food delivery giant Swiggy is likely to increase the delivery fees on its quick commerce arm Instamart, Money Control reported citing the company's chief financial officer Rahul Bothra. Meanwhile, quick commerce market leader Blinkit, which is owned by Zomato, collects a delivery fee on every order and doesn't have a loyalty programme. Zepto, the other major quick commerce player, also …

Swiggy likely to increase delivery charge on Instamart orders: Report
1 month ago

Swiggy likely to increase delivery charge on Instamart orders: Report

India Today  

Food and grocery delivery platform Swiggy is considering increasing the delivery fees for its quick commerce arm, Instamart, reported moneycontrol.com. Unlike Swiggy, Blinkit does not offer free delivery for any orders, while Zepto waives fees for loyalty program members. Bothra also highlighted additional measures to boost margins, including increasing platform fees for food delivery orders and monetising Instamart through Swiggy …

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price
1 month ago

Swiggy share price zooms 10% to new peak ahead of Q2FY25 numbers, up 39% from IPO price

Live Mint  

Swiggy, the popular food delivery aggregator and a direct competitor to Zomato, saw its shares spike 10 per cent in Tuesday's trade, reaching a fresh high of ₹541.95 per share. It believes the stock is priced at a 35 per cent to 40 per cent discount to Zomato and sees room for this valuation gap to narrow as Swiggy demonstrates …

This product tops sales on Swiggy Instamart, dethrones batteries from top spot
1 month, 3 weeks ago

This product tops sales on Swiggy Instamart, dethrones batteries from top spot

Hindustan Times  

The last couple of years have seen the rise of quick commerce platforms across Indian cities, with consumers getting hooked to the concept of getting their delivery within minutes. Swiggy Instamart, one of India's leading quick commerce platform, has witnessed a significant shift in user behavior, with customers now seeking a wider range of products, including household essentials like bedsheets, …

Quick commerce hottest category: Swiggy co-founder
2 months ago

Quick commerce hottest category: Swiggy co-founder

New Indian Express  

BENGALURU: Quick commerce is the hottest category with its fast growth, large TAM, as the category can be $30-$50 billion in four years, supported by strong CAGR, said Swiggy co-founder and group CEO Sriharsha Majety. “Consumer preferences, needs and wants, everything is getting developed and emerging as we go into the next phase of quick commerce,” he said. Launched in …

FMCG Firms Embracing Quick Commerce: A Shift in Urban Consumer Preferences
2 months, 1 week ago

FMCG Firms Embracing Quick Commerce: A Shift in Urban Consumer Preferences

Live Mint  

FMCG firms are embracing quick commerce amid a shift in urban consumer preferences. This has led to increased traction from quick commerce channels, with companies like Adani Wilmar Limited seeing a significant rise in their business on q-commerce platforms. However, traditional stores are also facing a decline as consumers shift their shopping habits towards online platforms. This trend is particularly …

Swiggy Instamart launches 24x7 free delivery in these three cities
3 months, 1 week ago

Swiggy Instamart launches 24x7 free delivery in these three cities

Hindustan Times  

Swiggy Instamart rolled out 24x7 free delivery services across Delhi-NCR. Swiggy Instamart introduces 24x7 free delivery in Delhi-NCR, delivering groceries and essentials within 10-15 minutes. The company said in a press release, "Swiggy Instamart becomes the first quick commerce platform to launch 24x7 free delivery service in Delhi NCR, just in time for the festive season. The quick commerce platform …

Quick Battle: Flipkart Rivals BlinkIt And Zepto With 10-Minute Delivery Of Grocery And Smartphones
5 months ago

Quick Battle: Flipkart Rivals BlinkIt And Zepto With 10-Minute Delivery Of Grocery And Smartphones

News 18  

The quick commerce battle in India is getting a big player in the form of Flipkart which is ready to compete with Swiggy’s Instamart, BlinkIt and Zepto in the market. Reports this week claim that Flipkart Minutes is being piloted in select parts of Bengaluru, its home region, before it gets a wider roll out in the coming months. However, …

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live
5 months, 2 weeks ago

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live

ABP News  

With the rapid increase in internet usage, the Quick Commerce sector has witnessed substantial growth, significantly altering consumer buying behavior. Apps such as Zepto, Swiggy, Instamart, and Blinkit have become integral to this shift, providing swift access to everyday necessities and reshaping how Indians shop. These quick commerce platforms have led to a notable change in purchasing patterns, with consumers …

Quick commerce firms expanding ops beyond groceries, food delivery
7 months, 3 weeks ago

Quick commerce firms expanding ops beyond groceries, food delivery

New Indian Express  

NEW DELHI: The quick commerce segment is heating up as many firms are now entering quick delivery and looking beyond groceries and food delivery. Earlier this month, Swiggy Instamart started delivering movie merchandise, marking a new category in the quick commerce industry. When players such as Zepto and Blinkit pivoted the quick commerce segment, experts questioned the model, safety of …

Blinkit not working? Here are other grocery delivery apps you can use
1 year, 8 months ago

Blinkit not working? Here are other grocery delivery apps you can use

India Today  

Blinkit, the grocery delivery app owned by Zomato, is currently experiencing functionality issues for numerous users in the Delhi NCR region. In 2017, Dunzo received funding from Google, which helped the company to grow and become one of the most promising grocery delivery apps in India. Jio Mart Jio Mart is another reliable grocery shopping app that can get you …

Seeing ‘temporarily unavailable’ message on Blinkit? The reason could be…
1 year, 8 months ago

Seeing ‘temporarily unavailable’ message on Blinkit? The reason could be…

Hindustan Times  

Food delivery firm Zomato's grocery unit, Blinkit has become ‘temporarily unavailable’ after 50 of its stores were closed in different parts of Delhi-NCR. Formerly known as Grofers, Blinkit was acquired by food delivery app Zomato for ₹ 4,447 crore. According to the revised pay structure of Blinkit, its delivery executives would receive a minimum fee of ₹15 per delivery, instead …

Fed up of printout hassles? This app will deliver printed docs in 11 minutes
2 years, 4 months ago

Fed up of printout hassles? This app will deliver printed docs in 11 minutes

Hindustan Times  

Online grocery app Blinkit has announced that it will now deliver printouts at your doorstep in just 11 minutes. Formerly known as Grofers, Blinkit was acquired by food delivery app Zomato for ₹ 4,447 crore. Jitesh Goel, product manager at Blinkit, wrote on LinkedIn, “We at Blinkit are giving printouts in minutes in a few areas now. Addressing this issue, …

Decoding Zomato’s Blinkit Acquisition To Take On The Big Boys In The Quick-Delivery Market
2 years, 6 months ago

Decoding Zomato’s Blinkit Acquisition To Take On The Big Boys In The Quick-Delivery Market

ABP News  

Mumbai: Zomato Ltd, an Indian food-delivery service, has agreed to buy local grocery-delivery start-up Blinkit for Rs 4,447 crore in an all-stock deal, as competition in the quick-delivery market heats up. Deepinder Goyal, founder, and chief executive of Zomato, believes that quick commerce has been the company’s strategic priority since last year when it first invested in Blinkit. Zomato’s capacity …

Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal
2 years, 6 months ago

Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal

Live Mint  

Food delivery platform Zomato has agreed to acquire instant grocery startup Blinkit for ₹4,447 crore in an all-stock deal, as it seeks to exploit a fast-growing market for quick grocery delivery. Japan’s SoftBank, the biggest shareholder in Blinkit with a 46% stake, will get around 3.2% stake in Zomato as part of the transaction, as per VCCircle estimates. Other investors …

Zomato to Swiggy: In Internet’s Winner Takes All Model, We End up as Losers
2 years, 9 months ago

Zomato to Swiggy: In Internet’s Winner Takes All Model, We End up as Losers

News 18  

The internet model of a single winner that controls everything from supply chains to payment systems is creating fragile, monopolistic ecosystems that can potentially harm society. Investors in delivery firms also follow the WTA model that has resulted in consolidation – only one strong player will stand, not multiple players. The Zomato-Blinkit Case Study Even the latest acquisition of Blinkit …

Zomato to start 10-minute food deliveries, says founder Deepinder Goyal
2 years, 9 months ago

Zomato to start 10-minute food deliveries, says founder Deepinder Goyal

Live Mint  

As quick services catch up with food aggregator platforms, Ant Group-backed Zomato Ltd plans to deliver food in 10-minutes, the company’s founder Deepinder Goyal said in a blogpost on Monday. “After becoming a frequent customer of Blinkit, I started feeling that the 30-minute average delivery time by Zomato is too slow, and will soon have to become obsolete. And here …

What does the merger with Blinkit mean for Zomato and its shareholders?
2 years, 9 months ago

What does the merger with Blinkit mean for Zomato and its shareholders?

Business Standard  

Less than a year after investing $100 million in Blinkit for a 9.3% stake, Zomato is reportedly in talks to merge with the online grocery company in an all-stock deal. Blinkit shareholders will get a 10% stake in Zomato A Business Standard report said that Blinkit would be valued at around $750-800 million dollars, which is much lower than the …

Zomato vs Swiggy: How Blinkit merger deal adds a new chapter in growing rivalry
2 years, 9 months ago

Zomato vs Swiggy: How Blinkit merger deal adds a new chapter in growing rivalry

India Today  

A new chapter has been added to the growing corporate rivalry between online food-delivery platforms Zomato and Swiggy. ZOMATO-BLINKIT DEAL Zomato said in a statement that it would loan as much as $150 million to Blinkit for the start-up's near-term capital needs. Earlier this year, Zomato said it would invest as much as $400 million in the Indian quick commerce …

As Indians expect groceries in 10 mins, delivery agents struggle
2 years, 10 months ago

As Indians expect groceries in 10 mins, delivery agents struggle

Al Jazeera  

Bengaluru, India–Lately, Shaik Salauddin’s phone has been ringing off the hook. Delivery workers from around India have been calling this founder of a gig and platform workers’ union to share their grievances – some had accidents while trying to deliver groceries within the stipulated time, a few are in trouble with the traffic police and some others need help claiming …

Swiggy eyes 100 mn customers using the app over 15 times a month in 10-15 years
5 years, 2 months ago

Swiggy eyes 100 mn customers using the app over 15 times a month in 10-15 years

Live Mint  

Bengaluru: Swiggy, which is by far India’s best-funded food delivery start-up, has set ambitious targets for itself. The Bengaluru-headquartered firm aims to have 100 million customers transacting with it over 15 times a month in the next 10-15 years, said Sriharsha Majety, co-founder and chief executive officer, Swiggy, at Gigabytes, the company’s hyperlocal innovation summit, held on Friday. Currently, Swiggy, …

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