The quick grocery delivery service formerly known as Grofers has completed the first tranche of a $400m round having received funding from returning investor Zomato.
Food delivery service Zomato has helped India-based instant grocery delivery service Blinkit reach the $100m first close of a funding round projected to reach $400m, the Economic Times has reported.
Founded in 2013 as Grofers, Blinkit has built an online platform that helps users get groceries and other household goods delivered within 10 minutes. It has some 30,000 employees, having set up 450 additional warehouses and e-commerce dark stores across India.
Blinkit had received $16.7m in series G funding from…
