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New Delhi, June 11 (IANS) Online food delivery platform Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, as this segment is projected to surpass its core food delivery business.
The Gurugram-based food delivery platform has liquidated ten subsidiaries since March 2023.
The board of online food delivery firm Zomato has approved the purchase of quick commerce company Blinkit, which was earlier known as Grofers. This deal has been done for Rs 4,447.48 crore.