Blinkit, a quick delivery service, has launched its Sellers Hub, letting brands sell directly on the platform. Right now, over 200 brands can use it, with more on the way. This step helps Blinkit compete with big online retailers. Zomato, which owns Blinkit, has also raised its platform fee, showing the growth in quick delivery services.
In Q2 FY25, Blinkit’s revenue jumped to INR 1,156 Cr, more than doubling from last year. The company reported a 122% rise in gross order value to INR 6,132 Cr. However, its adjusted EBITDA loss grew to INR 8 Cr from INR 3 Cr. Blinkit plans to have 2,000 dark stores by FY26, adding 152 stores in this quarter.
India's retail distributors are pushing the antitrust authority to look into Blinkit, Swiggy, and Zepto for what they claim are predatory pricing tactics that threaten local retailers. Quick commerce is booming, but it might be messing with the traditional distribution game.
Quick commerce platform Blinkit has increased the notice periods for its senior employees to as much as two months, all thanks to the cutthroat competition in India's delivery scene. This change is all about keeping top talent around as rivals like Zepto and Swiggy ramp up their hiring.