Blinkit is More Valuable Than Zomato’s Core Food Delivery Business

Blinkit is More Valuable Than Zomato’s Core Food Delivery Business

TechCrunch

Goldman Sachs estimates Blinkit’s implied value at 119 Indian rupees per share ($1.43) or about $13 billion. Zomato’s food delivery business is valued at Rs 98 per share. Goldman previously pegged Blinkits valuation at $2 billion in March 2023. India is poised to leap from unorganized retail directly to quick commerce.

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