Did not find what you are looking for?
-10.webp)
Founded
2013
Headquarters
Gurugram (India)
Status
Acquired
Company Details
Blinkit is an Indian quick-commerce company that delivers groceries and other essentials to customers. Overall, Blinkit is a leading quick-commerce platform in India, known for its rapid delivery services and wide product range. It continues to innovate and expand its offerings under the umbrella of Zomato.
Business Model
Blinkit operates as a hyper-local delivery service, focusing on instant delivery of groceries, fruits, vegetables, and other daily essentials. The company's business model is built around providing high-quality products at affordable prices, leveraging technology to enhance customer experience.
Products and Services
Grocery and Essentials: Offers a wide range of grocery items, fruits, vegetables, and other household essentials.
Electronics and More: Also delivers electronics and other non-grocery items.
Instant Delivery: Focuses on rapid delivery, often within 10 minutes, to enhance customer convenience.
Mission
Blinkit's mission is to make quick commerce indistinguishable from magic by providing the fastest and safest delivery experience. The company aims to free customers from the effort and anxiety of managing daily needs, leveraging technology to make online shopping seamless. Overall, Blinkit's vision is to revolutionize the way Indians shop for daily essentials by making it faster, more convenient, and accessible.
Key Metrics
Total Equity Funding
$784.14Million
No. of Funding Rounds
15
Latest Funding Round
$79.3Million, Series G
as of September 27, 2021
Post Money Valuation
$13Billion
as of April 26, 2024
Funding Multiple
-
as of N/A
Investors
SoftBank Vision Fund
and 8 moreEmployee Count
13422
Similar Companies
Native Milk
Exit Details
-
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| September 27, 2021 | Series G | $79.3Million | $932.0Million | $30.0Million | 28.4x | KTB Ventures, SoftBank Vision Fund, Tiger Global Management, KTB Private Equity , KTB Asset Management |
| June 29, 2021 | Series G | $120.0Million | - | $28.7Million | - | Zomato |
| July 10, 2020 | Series F | $7.8Million | $647.0Million | $25.8Million | 25.2x | SoftBank Vision Fund , Euler Capital |
| October 23, 2019 | Series F | $20.2Million | - | $19.5Million | - | Brand Capital , Timesgroup |
| August 20, 2019 | Series F | $70.0Million | $17.4Million | - | - | SoftBank Vision Fund |
| July 15, 2019 | Series F | $10.2Million | - | $16.3Million | - | Abu Dhabi Capital Group, Tiger Global Management, Peak XV Partners |
| December 18, 2018 | Series F | $221.0Million | $639.0Million | $11.1Million | 38.2x | - |
| March 15, 2018 | Series E | $61.6Million | $66.4Million | $8.3Million | 0.6x | SoftBank Vision Fund, Tiger Global Management, DST Global, Peak XV Partners |
| November 26, 2015 | Series C | $120.0Million | $341.0Million | - | - | Tiger Global Management, DST Global, Peak XV Partners ,SoftBank Group |
| April 15, 2015 | Series B | $36.5Million | $108.0Million | - | - | Tiger Global Management, Peak XV Partners, DST Global |
| February 27, 2015 | Series A | $10.0Million | - | - | - | Tiger Global Management, Peak XV Partners |
| October 6, 2014 | Seed | $502.0K | - | - | - | Peak XV Partners |