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How does blinkit work?
How does blinkit deliver orders?
What is blinkit technology?
What is blinkit & how is it Transforming India?
How does Blinkit deliver in 10 minutes? Our tech enables our partners staff to pick and pack an order within 2 minutes of the customer placing it. Our network of partner stores are so widely spread across cities that we have a store live almost every 2 kilometers.
How does Blinkit work? Blinkit has rebranded itself and now offers its users delivery within 10 minutes. Blinkit, which serves 28 cities in India, ensures that orders are delivered within 10 minutes of being placed online.
Jul 16, 2023 · What is Blinkit? At its core, Blinkit is more than just a business model; it is a transformative ideology that integrates seamlessly with your existing strategies.
Apr 23, 2024 · How does Blinkit leverage technology and data to overcome its operational challenges and achieve its 10-minute delivery promise? What are the key strengths and weaknesses of Blinkit’s...
- Blinkit - About
- Blinkit - Startup Story | How It started?
- Blinkit - Name, Tagline and Logo
- Blinkit - Mission and Vision
- Blinkit - Business Model
- Blinkit - Revenue Model
- Blinkit - Funding and Investors
- Blinkit - Shareholding
- Blinkit - Revenue and Growth
- Blinkit - Products and Service
The Gurugram-based Indian on-demand online grocery delivery service Grofers now Blinkit, which is now known as Blinkit, was founded in the year 2013. This e-commerce startup platform provides a variety of daily needs products ranging from groceries, bakery items, baby care items, and many more to its customers. From the mobile application of Blinki...
Albinder, after his graduation, worked as a transportation analyst at URS Company in the USA. While working he met Saurabh Kumar and kept in touch with him with absolutely no intentions of any entrepreneurial motives. Both Albinder and Saurabh found that there was a huge gap in the delivery industry. They both thought to tap the opportunity as it w...
Blinkit is the new name of Grofers after the completion of its rebranding attempt on December 13, 2021. The coinage of the new name of Grofers is in line with the aim of the company to deliver groceries in an instant, i.e., in the blink of an eye. "Lets Blink it" or #letsblinkitgoes the tagline of the brand. The previous name of Blinkit was Grofers...
Blinkit, which was earlier called Grofers, now has a new mission statement that reads “instant commerce indistinguishable from magic.” Blinkit solely believes in serving its customers with instant grocery deliveries within 10 minutes. Prospering in the quick commerce space is what Blinkit currently envisions.
Blinkit work on a marketplace business model and might also be referred to as the hyperLocal on-demand logistics system. It aims to replace the need for consumers to travel to the local shops to buy consumer goods rather than wanting them to order online. This startup does not own any grocery stores or warehouses. It just partners with the local gr...
The revenue model of Blinkit is similar to the commission-based revenue model. Blinkit has tied up with the local shop owners and merchants for grocery and daily needs goods in the local areas. Blinkit charges these merchants some commission on these orders. The commission ranges from 8% to 15% when the orders are below 700 and charges 12% to 15% w...
Blinkit has been quite fortunate when it comes to its investors and funding. To date, Blinkit has raised a total of around $1 billion in funds. The recent fundraising round was led by Zomato on March 11, 2022, where the foodtech major infused $100 mn into Blinkit. The quick commerce unicorn has also confirmed that the $100 mn fundraise is the first...
Below is the shareholding breakdown for Blinkit: 1. Fund Share: 91.9% 2. Founders Share: 6.9% 3. Angel Share: 1.2%
In Q4 FY24, Blinkit's orders reached 65.3 million, marking a 66% increase compared to Q4 FY23. The average order value rose by 18% to INR 617. Monthly transacting customers grew by 65% to 6.4 million, while monthly active riders more than doubled, increasing by 106% to 89,000. The gross order value (GOV) per day, per store, saw a 47% growth, reachi...
Silent Store
Blinkit has announced the opening of their first "silent" store in Laxmi Nagar in East Delhi in October, 2022. This store is unique since it is run by 20 people with special needs who are unable to hear or talk. The startup's goal in making this change is to make its systems more "inclusive and accessible."
Print Delivery Store
In a few parts of Delhi-NCR in August, 2022, Blinkit has begun offering printed services at your door in just 11 minutes. For black and white printouts, there will be a fee of Rs 9, and for colorful copies, there will be a fee of Rs 19.
- December 2013
- Gurugram, India
- Saurabh Kumar, Albinder Dhindsa
- Online Shopping/Ecommerce/Grocery Delivery
Jun 28, 2024 · Analysing the Future. About Blinkit. Launched in December 2013, Blinkit is spearheading the use of innovative technologies to revolutionize India's massive unorganized grocery market.
Blinkit Commerce Private Limited, d/b/a Blinkit and formerly Grofers, is an Indian quick-commerce service. [5] [6] [7] It was founded in December 2013 and is based out of Gurgaon. [8] [9] Customers of the company use a mobile application to order groceries and essentials online.
