Albinder Dhindsa, the driving force behind Blinkit, started his entrepreneurial journey with the aim of revolutionizing the way people shop for essentials. Learn about his inspiring story and the transformation from Grofers to Blinkit.
Blinkit, led by Albinder Dhindsa, experienced an exceptional three-fold revenue increase, soaring from Rs 236.1 crore in FY22 to an impressive Rs 724.2 crore in FY23, as per RoC filings.
Zomato acquired Blinkit on June 24, 2022, in an all-stock deal worth ₹4,447 crore. The acquisition was completed on August 10, 2022. This acquisition gave Zomato a foothold in the instant delivery market, which is growing rapidly in India
Blinkit operates on a hyperlocal model, streamlining the supply chain for quick deliveries. Leveraging innovative technology, it connects consumers with nearby stores, ensuring swift and efficient delivery of a wide range of products.
Under Dhindsa's guidance, Blinkit's financial growth propels it towards new heights in the dynamic e-commerce landscape, promising an exciting future ahead.