According to a person familiar with the situation, quick commerce startup Blinkit, which is being acquired by food delivery company Zomato, promoted long-time executive Rishi Arora to cofounder level two

Over the weekend, the company announced acquisition of loss-incurring firm Blinkit for Rs 4,447 crore. The payment will be settled through issue of around 629 million Zomato shares (around 6.88

After the proposed acquisition is approved, food delivery service Zomato intends to begin integrating Blinkit on various levels, top executives stated in a conference call on Saturday. The business claimed

Zomato’s stock has been on the decline, but a partnership with Blinkit, which is owned by Grofers India Pvt. Ltd has had a good influence. In early morning trade on