Believe me, it’s not... • 1m
Blinkit is going inventory-led from Sept 1. It’ll now own stock → buying directly from sellers instead of just storing it (Amazon also operates on a storage + commission model — doesn’t own inventory) Why now? ➡️ Because its parent, Eternal, became Indian-owned (IOCC) in April — making Blinkit eligible to legally hold inventory under India’s FDI rules What this unlocks ⤵️ → Better margins (improved unit economics, stronger negotiating power with suppliers by buying in bulk) → More control over availability, pricing & delivery → Simpler compliance for sellers (no more GST/FSSAI requirements for Blinkit warehouses) → Lean working capital model As Eternal CFO Akshant Goyal said: “If Blinkit owned 100% of inventory in FY25, it would’ve needed < ₹1,000 Cr in working capital — just 15 days’ worth, ~3–4% of GOV.” Zepto would likely follow.
I'm just a normal gu... • 4m
Eternal, the parent company of Zomato and Blinkit, is set to limit foreign ownership to 49.5%. The company's board approved the proposal during a meeting today, applying the cap on a fully diluted basis. The restriction will affect shareholdings by
See More@tech enthusiast • 9m
Introducing a mutual customer model for selling old books online. No need for warehouses or inventory – we connect book sellers (individuals or small stores) directly with buyers. # Here’s how it works: 1. Sellers list their books on our platform.
See MoreHey I am on Medial • 8m
Many people want to sell on Amazon or Flipkart but face challenges like high investment and inventory management. Our platform bridges Sellers and Suppliers seamlessly. Suppliers upload products at wholesale prices, and Sellers list them on Amazon or
See MoreHey I am on Medial • 1y
FMCG distributors have written to Piyush Goyal about their concerns over rapid and unregulated growth of quick commerce platforms The key issue FMCG distributors raised is that quick commerce platforms are increasingly becoming direct distributors f
See MoreI'm just a normal gu... • 6m
Tata Sons wants BigBasket to secure up to $1 billion in external funding to reclaim its lost ground in India's quick commerce sector. The grocery delivery platform, owned by Tata Digital, has lagged behind Blinkit, Zepto, and Swiggy Instamart. Ta
See MoreThatmoonemojiguy 🌝 • 1m
🚚 Decentralized Quick Commerce Shiprocket’s Bold New Bet In a landscape dominated by dark stores and fleet-heavy logistics, Shiprocket is flipping the quick commerce game on its head. Shiprocket has launched a decentralized quick commerce model th
See MoreDon't Miss Opchunity... • 7m
Zepto streamlines structure ahead of IPO with new marketplace entity Zepto, the quick-commerce unicorn, has set up a new entity, Zepto Marketplace Private Limited, to simplify its operations ahead of its IPO later this year, according to sources f
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