BlinkIt - From an acquisition carried out just to defend the food delivery business of Zomato to achieving 186% YoY growth.
The stars aligned right for Zomato.
Hello Guys,
What do you think, Zomato Will Dominate Indian Food and Delivery Space With Hyper pure And Quick Commerce With Acquisition of Blinkit?
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According to me , Zomato Will Dominate..
Zomato Has 4 Major Apps Now
โข Zomato (Food Delivery)
โข Blinkit (Quick Commerce)
โข Hyperpure (Ingredients & Supplies)
โข District (Movies, Event, Going Out)
While Swiggy Has One Application For Food Delivery, Quick Commerce and Dining
BookMyShow is
Zomato made โน12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of โน12,670 crore, including procurement and delivery costs, Zomato turned profitable with โน351 crore profit after tax.
Zomato FY25 Highlights (Eternal Business)
โข Revenue: โน20,243 Cr
โข Profit: โน527 Cr
โข Just 35% of Q4 revenue came from food delivery!
โข Blinkit now operates 1,301 dark stores
I think current Indian startup don't have guts to fulfill their promises like other foreign brands
Blinkit
Big basket
Zomato
swiggyy
Ola
Hood
Paytm
Etc......
Some are promising 10 min delivery , ( ai ) , ev , sequrity , anonymous chating , any s