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Blinkit Expands to Smaller Cities, Plans Rapid Growth: Zomato CFO

  • Blinkit seeing growth in smaller cities, aims to widen footprint gradually
  • Platform currently in 26 cities, plans to double dark stores to 1,000 by FY25
  • Blinkit contributes more to Zomato's market cap than food delivery business
  • Zomato on track to achieve 4-5% Ebitda margin target in food delivery
  • Company completes acquisition of Paytm's ticketing business for Rs 2,048 crore

Source: Economic Times

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