Don't Give Up ⤴ • 1y
Blinkit The company has made several of its employees to sign an addendum to their contracts, extending their notice period from zero to two months. It is pertinent to note that over the last six months, quick commerce players have expanded operations and diversified their catalogue to meet growing consumer demand. Currently, Blinkit operates 639 dark stores across the country, with the average daily GOV per store rising to INR 10 Lakh, compared to INR 6 Lakh from 383 stores previously. The company aims to scale the number of dark stores to 2,000 by the end of 2026 while maintaining profitability.
Hey I am on Medial • 1y
Quick Commerce: Investment Highlights • Swiggy is planning to invest ₹1,600 crores in its subsidiary Scootsy. This funding helps Scootsy enhance operational capabilities and expand dark stores. • Similarly, Zomato plans to raise $1 billion through
See MoreHey I am on Medial • 2y
• I am noticing from few months that Quick Commerce startups like Blinkit , Zepto and Instamart is expanding their dark stores in different cities. • These startups operate in mostly Metro cities like Mumbai,Delhi, Bangalore,Pune,Gurugram, Chennai e
See MorePrev- Founder & CEO ... • 2y
Blinkit launched a franchise model for its dark store! I think it's a brilliant move to scale and build great distribution against competitors 1. The franchise model could work well as it is a huge capex to start a dark store and to make it profi
See MoreHey, I'm on Medial • 10m
Blinkit is back on top. It's now the leader both in terms of Monthly and Daily active users in the quick commerce space, ahead of Zepto. But, why is this happening? Well, Zepto has shifted from its aggressive growth strategy to a more conservative
See MoreDownload the medial app to read full posts, comements and news.