🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Blinkit Extends Services To Jammu

Inc42 · 8m ago

Blinkit Extends Services To Jammu

Blinkit has expanded its quick commerce services to Jammu, marking its entry into the city. This launch aims to cater to the growing demand for rapid grocery delivery in the region. Customers in Jammu can now access Blinkit's extensive product range and benefit from deliveries within minutes. The company continues to focus on enhancing its presence across various cities in India, aiming to provide convenience and efficiency in grocery shopping.

Related News

Blinkit rolls out large order fleet in Delhi and Gurugram

YourStory

YourStory · 8m ago

Blinkit rolls out large order fleet in Delhi and Gurugram

Blinkit, Zomato's quick commerce arm, has introduced an all-electric large order fleet in Delhi and Gurugram, designed for electronics and party essentials. Founder and CEO Albinder Dhindsa announced plans to expand this service to more cities. Recently, Blinkit also launched in Jammu, currently serving areas like Trikuta Nagar, Roop Nagar, and Akhnoor Road, reinforcing its commitment to quick and reliable deliveries.

Blinkit expands to Jammu. Here's where it will deliver

YourStory

YourStory · 8m ago

Blinkit expands to Jammu. Here's where it will deliver

Blinkit, a quick commerce platform, has launched operations in Jammu, with three stores now serving areas like Trikuta Nagar and Roop Nagar. Founder and CEO Albinder Dhinsa expressed enthusiasm about bringing quick delivery to these regions. This expansion comes amid growing competition among quick commerce players including Zepto and Swiggy Instamart. Blinkit recently appointed Vipin Kapooria as CFO to bolster financial operations. India's quick commerce market is valued at $3.34 billion, with substantial growth potential.

Call, mobile internet outage across all service providers in J-K amid heavy rains

Economic Times

Economic Times · 2d ago

Call, mobile internet outage across all service providers in J-K amid heavy rains

Heavy rainfall in Jammu and Kashmir has caused widespread network outages across all telecom providers due to damage to optical fibers, affecting mobile calls and internet services. State-owned BSNL's fiber and landline services are also disrupted. Technical teams have been deployed to locate and fix the fiber cuts occurring at multiple locations, including Jammu, Srinagar, and Shimla. Telecom operators are working to restore network services as swiftly as possible.

Zomato Extends Gains: Shares Jump Over 6% To Touch Fresh 52-Week High

Inc42 · 1y ago

Zomato Extends Gains: Shares Jump Over 6% To Touch Fresh 52-Week High

Shares of foodtech major Zomato jumped over 6% to touch a fresh 52-week high on the BSE following its strong Q3 FY24 earnings. The company reported its third straight profitable quarter, with consolidated profit after tax (PAT) nearly quadrupling to INR 138 crore. Zomato's quick commerce business, Blinkit, witnessed a strong growth momentum, contributing to its overall profitability. Various brokerages, including Jefferies, HSBC, and Kotak, have increased their price targets on Zomato, reflecting positive sentiment. The stock has already gained 25% year to date.

TCS extends deal with Bank of Bhutan

Economic Times

Economic Times · 8m ago

TCS extends deal with Bank of Bhutan

Tata Consultancy Services (TCS) has expanded its partnership with Bank of Bhutan to modernize the bank's digital core. TCS will implement its banking software platform, TCS BaNCS, to optimize operations and integrate with the country's digital ecosystem. This move allows the bank to offer personalized financial services and support the digitization initiatives of the Kingdom of Bhutan. Additionally, this partnership highlights TCS's efforts to diversify its client base beyond North America and Europe. TCS BaNCS handles banking transactions for over 30% of the global population and helps institutions transition from legacy technologies.

Urban Company partners with Blinkit to deliver its water purifiers

Economic Times

Economic Times · 1y ago

Urban Company partners with Blinkit to deliver its water purifiers

Beauty and home services platform Urban Company has partnered with quick-commerce app Blinkit to deliver its new water purifiers, Native M1 and M2, to customers. Through this partnership, Urban Company's water purifiers will be delivered within 30 minutes via Blinkit and installed within three hours. The service is currently available in parts of Delhi NCR, Mumbai, Bengaluru, Kolkata, and Hyderabad. This move marks Urban Company's expansion beyond its core services and into the quick-commerce sector. Blinkit is also reported to be looking into adding other categories such as fashion, beauty, electronics, toys, and home and kitchen products.

Coinbase extends timeline for fund withdrawal for users in India

Economic Times

Economic Times · 1y ago

Coinbase extends timeline for fund withdrawal for users in India

Crypto trading platform Coinbase has extended the timeline for users in India to withdraw funds from their accounts until October 31, 2023, after which its retail exchange services will cease. The company, facing regulatory challenges in India, plans to end access to its app and website for users in the country. However, Coinbase remains committed to the Indian market and is exploring ways to strengthen its presence. The platform had entered India in April 2022 but faced pressure from regulators, leading to the disabling of certain services.

New startup policy with focus to set up 2,000 startups by 2027 launched in J-K

Economic Times

Economic Times · 1y ago

New startup policy with focus to set up 2,000 startups by 2027 launched in J-K

Jammu and Kashmir Lieutenant Governor (LG) Manoj Sinha has launched a new startup policy aimed at establishing 2,000 startups in the Union Territory by 2027. The policy, titled 'New Jammu & Kashmir Start-up Policy- 2024-27', will provide patent-related assistance, financial aid, mentorship, and registration facilitation to recognized startups. Sinha invited investors from across the country to explore the potential in Jammu and Kashmir and contribute to its growth. The policy also includes provisions for supporting entrepreneurship among students and women, as well as setting up a Rs 250 crore Venture Capital Fund. The Union Territory currently boasts 722 registered startups, with a focus on gender inclusivity.

Zomato-owned Blinkit's revenue grows by 207% to Rs 724 crore in FY23; What about the loss?

IndianStartupNews

IndianStartupNews · 1y ago

Zomato-owned Blinkit's revenue grows by 207% to Rs 724 crore in FY23; What about the loss?

Blinkit, formerly known as Grofers, has seen a significant surge in revenue in FY23, reaching Rs 724.2 crore from Rs 236.1 crore in FY22. This boost can be attributed to marketplace commissions, advertising solutions, and revenue from delivery and supporting services. However, expenses also increased, resulting in a loss of Rs 1,190 crore for Blinkit in FY23. ROCE and EBITDA margins for the year stood at -213.59% and -119.79% respectively.

Blinkit to now deliver ACs in 10 minutes

Economic Times

Economic Times · 5m ago

Blinkit to now deliver ACs in 10 minutes

Blinkit, supported by Zomato, has teamed up with Lloyd to deliver air conditioners within minutes to meet the summer demand. As announced by CEO Albinder Dhindsa, the service has begun in Delhi NCR and will expand to other cities. Installations are completed within 24 hours. As quick commerce platforms like Blinkit, Zepto, Swiggy Instamart, and BigBasket’s BBNow prepare for predicted heat waves, they expect increased demand for summer products through expedited home delivery services.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Just Months After Promotion, Open ...

Exclusive: Robotics startup Miko ...

“Your Phone Is Outdated”: Sam Alt ...

Download the medial app to read full posts, comements and news.