Grofers

Zomato Board Likely To Sign Blinkit Deal Next Week

Zomato Board Likely To Sign Blinkit Deal Next Week

The board members of food tech giant Zomato will meet on June 17 to sign off the acquisition of the quick-commerce platform Blinkit (formally known as Grofers). Before this, in August 2021, Zomato invested around $100 million into Blinkit and revealed its plan to invest a total of $400 million. At that time, Zomato earned…