#Grofers which promises its customers instant delivery - in just 10 mins - has now also changed its name to #Blinkit amidst rising competition in the quick commerce space.
Read more:
https://www.moneycontrol.com/news/business/startup/grofers-rebrands-to-blikit-as-it-chases-customers-with-10-minute-delivery-7817981.html?utm_source=telegram&utm_medium=social
Read more:
https://www.moneycontrol.com/news/business/startup/grofers-rebrands-to-blikit-as-it-chases-customers-with-10-minute-delivery-7817981.html?utm_source=telegram&utm_medium=social
Moneycontrol
Grofers Rebrands To Blinkit As It Chases Customers With 10-minute Delivery
The idea seems to be suggesting that Grofers will deliver with the blink of an eye.
Zomato-backed #Blinkit, previously grofers, will only operate in locations where it can deliver in 10 minutes and shut down in the other areas.
Read more at 👇
https://www.moneycontrol.com/news/business/startup/blinkit-to-shut-services-in-areas-where-10-minute-delivery-not-possible-7844041.html?utm_source=telegram&utm_medium=social
Read more at 👇
https://www.moneycontrol.com/news/business/startup/blinkit-to-shut-services-in-areas-where-10-minute-delivery-not-possible-7844041.html?utm_source=telegram&utm_medium=social
Moneycontrol
Blinkit To Shut Services In Areas Where 10-minute Delivery Not Possible
"While we understand 15 minute or 20-minute service would be better than no service, our systems and infrastructure are built solely with 10 minutes (or less) in mind," CEO Albinder Dhindsa said in a blog
#StartUpWithMC | Online #GroceryDelivery firm blinkit has set up 300 partner stores across the country through which it is enabling grocery delivery in 10 minutes, founder & CEO Albinder Dhindsa said
Priyanka Sahay ✍️ at https://www.moneycontrol.com/news/business/startup/zomato-backed-blinkit-sets-up-300-partner-stores-to-enable-10-minute-grocery-delivery-7858181.html?utm_source=telegram&utm_medium=social
#Blinkit #Grofers #startup
Priyanka Sahay ✍️ at https://www.moneycontrol.com/news/business/startup/zomato-backed-blinkit-sets-up-300-partner-stores-to-enable-10-minute-grocery-delivery-7858181.html?utm_source=telegram&utm_medium=social
#Blinkit #Grofers #startup
Moneycontrol
Zomato-backed Blinkit sets up 300 partner stores to enable 10-minute grocery delivery
The announcement comes soon after the company decided to pull the plug in areas it wasn't able to deliver groceries in 10 minutes.
#MarketsWithMC: Shares of Zomato jumped more than 2% today after Moneycontrol reported that the company has entered into an agreement to merge #Blinkit with itself in an all-stock deal.
Read more at
https://www.moneycontrol.com/news/business/markets/zomato-shares-gain-2-on-likely-pact-to-merge-blinkit-with-itself-8237691.html?utm_source=telegram&utm_medium=social
Read more at
https://www.moneycontrol.com/news/business/markets/zomato-shares-gain-2-on-likely-pact-to-merge-blinkit-with-itself-8237691.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zomato shares gain 2% on likely pact to merge Blinkit with itself
Blinkit has come under immense pressure recently given the hyper-competition in the quick service grocery format
Moneycontrol
#BREAKING: Race for IDFC MF: A consortium led by Bandhan Group may have an edge ahead of an IDFC Ltd board meet this week, finds out Ashwin Mohan. Read more at 👇 https://www.moneycontrol.com/news/business/markets/idfc-mf-sale-bandhan-group-consortium-holds…
#MCExclusive ⚡️ #Zomato may not need CCI's nod to acquire #Blinkit as it plans to use the so-called 'de minimis' exemption, reports Chandra R. Srikanth.
So, what's De Minimis? 🤔 We explain 👇
https://www.moneycontrol.com/news/business/stocks/exclusive-zomato-may-not-need-cci-nod-to-merge-blinkits-india-ops-will-use-de-minimis-exemption-8322041.html?utm_source=telegram&utm_medium=social
So, what's De Minimis? 🤔 We explain 👇
https://www.moneycontrol.com/news/business/stocks/exclusive-zomato-may-not-need-cci-nod-to-merge-blinkits-india-ops-will-use-de-minimis-exemption-8322041.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive: Zomato may not need CCI nod to merge Blinkit's India ops, will use 'De Minimis' exemption
Moneycontrol learns that Zomato may not need CCI's nod to acquire online grocer Blinkit. Both parties have already signed a preliminary term sheet, and the next step now is to sign a definitive agreement
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On #MorningTrade 🔥
#TrendingToday ⚡ Deep-dive into the #Zomato-#Blinkit deal with Chandra Srikant of Moneycontrol.
As usual, we also answer your stock queries LIVE with Hemen Kapadia of KR Choksey.
Tune in at 8:30 AM
🔗 https://www.youtube.com/watch?v=8qPDRlanPLc
#TrendingToday ⚡ Deep-dive into the #Zomato-#Blinkit deal with Chandra Srikant of Moneycontrol.
As usual, we also answer your stock queries LIVE with Hemen Kapadia of KR Choksey.
Tune in at 8:30 AM
🔗 https://www.youtube.com/watch?v=8qPDRlanPLc