Tech Company Financing Transactions
Blinkit Funding Round
On 11/27/2015, Blinkit raised $120 million in Series C investment from SoftBank Ventures Korea and private investors.
Transaction Overview
Company Name
Announced On
11/27/2015
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Series C
Investors
SoftBank Ventures Korea (Lead Investor) (Albinder Dhindsa)
Proceeds Purpose
Dhindsa says that the funding will be used to continue growing its supply-chain management development, but also to continue building out its last-mile infrastructure.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Plot No. 64 H Sector 18
Gurgaon Haryana, 122001
India
Gurgaon Haryana, 122001
India
Phone
Undisclosed
Website
Email Address
Overview
Blinkit (formerly known as Grofers) helps you order online from local shops and receive your items within 90 minutes. The company rebranded from Grofers to Blinkit in December 2021. In March 2022, Zomato and instant delivery service Blinkit announced plans to merge.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Albinder Dhindsa
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We report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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