Blinkit Overview
- Year Founded
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2013

- Status
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Acquired/Merged
- Employees
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7,000

- Latest Deal Type
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M&A
- Latest Deal Amount
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$566M
Blinkit General Information
Description
Developer of an online grocery delivery platform designed to connect users to local stores. The company's platform offers a wide assortment of groceries, fruits and vegetables, cosmetics, electronics, bakery items and flowers, enabling consumers to purchase products online and get them delivered to their homes.
Contact Information
Website
www.blinkit.com(Operating Subsidiary)
Corporate Office
- Ground Floor, Pioneer Square
- Sector 62, Golf Course Extension Road
- Gurugram, Haryana 122098
- India
Corporate Office
- Ground Floor, Pioneer Square
- Sector 62, Golf Course Extension Road
- Gurugram, Haryana 122098
- India
Blinkit Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
12. Merger/Acquisition | 10-Aug-2022 | $566M | Completed | Generating Revenue | ||
11. Secondary Transaction - Private | 04-Feb-2022 | Completed | Generating Revenue | |||
10. Later Stage VC | 07-May-2021 | Completed | Generating Revenue | |||
9. Reverse Merger | 24-Feb-2021 | Cancelled | Generating Revenue | |||
8. Later Stage VC (Series F) | 12-Feb-2021 | Completed | Generating Revenue | |||
7. Later Stage VC | 16-Jul-2019 | Completed | Generating Revenue | |||
6. Later Stage VC (Series E) | 16-Mar-2018 | Completed | Generating Revenue | |||
5. Merger/Acquisition | 19-Apr-2017 | Cancelled | Generating Revenue | |||
4. Later Stage VC (Series C) | 26-Nov-2015 | $122M | $168M | Completed | Generating Revenue | |
3. Early Stage VC (Series B) | 15-Apr-2015 | $35.5M | $46M | Completed | Generating Revenue |
Blinkit Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preference | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | 1,154 | $0.137029 | $15809.43 | $15809.43 | 1x | $15809.43 | 3.25% | |
Ordinary | 289 | $0.137029 | $15822.38 | $15822.38 | 1x | $15822.38 | 0.81% |
Blinkit Comparisons
Industry
Financing
Details
Blinkit Competitors (23)
One of Blinkit’s 23 competitors is Town Essentials, a Formerly Angel backed company based in Bangalore, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Town Essentials | Formerly Angel backed | Bangalore, India | ||||
Satvacart | Venture Capital-Backed | Gurgaon, India | ||||
True Elements (Food Products) | Venture Capital-Backed | Pune, India | ||||
HappyFresh | Venture Capital-Backed | Jakarta, Indonesia | ||||
Zepto | Venture Capital-Backed | Bangalore, India |
Blinkit Signals
Blinkit Former Investors (18)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Abu Dhabi Capital Group | PE/Buyout | Majority | ||
Apoletto Managers | Venture Capital | Minority | ||
Bajaj Consumer Care | PE-Backed Company | Minority | ||
Brand Capital | PE/Buyout | Minority | ||
Capital Investment | PE/Buyout | Minority |
Blinkit Acquisitions (3)
Blinkit’s most recent deal was a Merger/Acquisition with Townrush. The deal was made on 27-Oct-2015.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Townrush | 27-Oct-2015 | Merger/Acquisition | Logistics | ||
Emvito Technologies | 24-Oct-2015 | Merger/Acquisition | Other Services (B2C Non-Financial) | ||
Mygreenbox Retail | 10-Apr-2015 | Merger/Acquisition | Other Restaurants, Hotels and Leisure |
Blinkit FAQs
-
When was Blinkit founded?
Blinkit was founded in 2013.
-
Where is Blinkit headquartered?
Blinkit is headquartered in Gurugram, India.
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What is the size of Blinkit?
Blinkit has 7,000 total employees.
-
What industry is Blinkit in?
Blinkit’s primary industry is Internet Retail.
-
Is Blinkit a private or public company?
Blinkit is a Private company.
-
What is the current valuation of Blinkit?
The current valuation of Blinkit is
. -
What is Blinkit’s current revenue?
The current revenue for Blinkit is
. -
How much funding has Blinkit raised over time?
Blinkit has raised $798M.
-
Who are Blinkit’s investors?
Abu Dhabi Capital Group, Apoletto Managers, Bajaj Consumer Care, Brand Capital, and Capital Investment are 5 of 18 investors who have invested in Blinkit.
-
Who are Blinkit’s competitors?
Town Essentials, Satvacart, True Elements (Food Products), HappyFresh, and Zepto are some of the 23 competitors of Blinkit.
-
When was Blinkit acquired?
Blinkit was acquired on 10-Aug-2022.
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Who acquired Blinkit?
Blinkit was acquired by Eternal Ltd.
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