Blinkit’s Revenue Surges 122% YoY to INR 1,156 Cr in Q2 FY25

• Blinkit posted a revenue of INR 942 Cr in Q1 FY25, up 145% from INR 384 Cr reported in the year-ago period.
• The quick commerce vertical’s adjusted EBITDA loss further improved to 3 Cr in Q1 FY25 from INR 133 Cr in Q1 FY24 and INR 37...

• Gross Order Value (GOV) across B2C businesses grew by 55% YoY and 14% QoQ, totaling INR 17,670 crore.
• B2B business, Hyperpure, registered a 98% YoY revenue growth and 22% QoQ growth.
• Adjusted EBITDA increased by INR 289 crore Y...

While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this

Profits aren't coming, money is flowing Don't know what the VCs are seeking? Why bake a a pie that you can't eat later?

• Deepinder Goyal has become a billionaire following a record rally in Zomato shares, which have surged over 300% since July 2023.
• Zomato's stock hit a new high of Rs230 on the BSE, boosting its market cap past Rs1.8 trillion and maki...