Zomato Infuses ₹500 Crore into Blinkit for Expansion and Growth

Food delivery giant Zomato has invested ₹500 crore (approximately $57.7 million) into Blinkit, its quick commerce subsidiary, according to regulatory filings. Blinkit issued 2,537 equity shares at ₹19.7 lakh (around $22,754) per share to facilitate this fresh capital injection.
The funding comes on the heels of Zomato’s recent ₹8,500 crore (approximately $980.9 million) fundraising through its maiden qualified institutional placement (QIP) announced two months ago.
Of this amount, ₹2,137 crore (around $246.6 million) was earmarked to bolster Blinkit’s dark stores and Hyperpure’s warehouses, emphasizing the company’s commitment to its quick commerce and supply chain initiatives.
Zomato has been steadily increasing its investment in Blinkit, having previously injected ₹300 crore (approximately $34.6 million) in June 2024. Since acquiring Blinkit in August 2022, Zomato’s total investment in the subsidiary has reached ₹2,300 crore (around $265.4 million), underscoring its strategic focus on scaling up the quick commerce segment.