Who Owns Blinkit?

Blinkit was founded in 2013 by Albinder Dhindsa and Anmol Chopra as an online grocery delivery platform in Delhi, India. The platform initially focused on delivering groceries and daily essentials to customers in Delhi NCR region. Blinkit pioneered the quick commerce model in India, aiming to deliver orders within 10-15 minutes. This founding vision demonstrated exceptional insight into the growing demand for convenience and speed in urban grocery shopping, while creating a new category of e-commerce that would transform how Indian consumers access daily essentials.

In its early years, Blinkit expanded across Delhi and NCR, establishing dark stores (small fulfillment centers) in residential areas to enable rapid delivery. The platform gained significant traction among urban consumers seeking convenience and speed in grocery shopping. Blinkit's business model focused on operational efficiency and customer experience. This innovative approach to grocery delivery demonstrated Blinkit's ability to solve the last-mile delivery challenge while creating a scalable business model that could serve the needs of time-constrained urban consumers.

Blinkit expanded to other major Indian cities including Bangalore, Mumbai, Hyderabad, and Pune, establishing a network of dark stores across these locations. The platform invested in technology, logistics infrastructure, and supply chain optimization to maintain its quick delivery promise. Blinkit became one of India's leading quick commerce platforms. This rapid expansion demonstrated Blinkit's ability to scale its operations while maintaining its core value proposition of ultra-fast delivery, establishing the company as a pioneer in the Indian quick commerce market.

In 2022, Zomato acquired Blinkit for approximately $568 million, recognizing the strategic importance of quick commerce in its growth strategy. This acquisition integrated Blinkit into Zomato's ecosystem, enabling cross-synergies and expanded market reach. Following the acquisition, Blinkit continued to expand its operations and product offerings under Zomato's ownership. This strategic acquisition demonstrated Zomato's recognition of Blinkit's market leadership and potential for continued growth while providing the resources needed to scale operations and compete effectively in the rapidly evolving Indian e-commerce landscape.