homebusiness Newscompanies News

Zomato pilot tests grocery service Blinkit on its main app

Zomato pilot tests grocery service Blinkit on its main app

Zomato pilot tests grocery service Blinkit on its main app
Read Time2 Min(s) Read
Profile image

By IANS  Aug 27, 2022 8:49:30 PM IST (Published)

Zomato has kicked off a pilot test of delivering groceries via Blinkit on its main app in Delhi-NCR, as the online food aggregator aims to "accelerate" the 10-minute delivery platform's journey to profitability.

Zomato has kicked off a pilot test of delivering groceries via Blinkit on its main app in Delhi-NCR, as the online food aggregator aims to "accelerate" the 10-minute delivery platform's journey to profitability.

Recommended Articles

View All

The pilot test is currently being organised in select circles in Delhi-NCR, and after analysing the response, it will be expanded to other cities as well, according to company sources.
Currently, those part of the pilot project can order for a minimum order value of Rs 150 via Blinkit on Zomato's main app, while on Zomato, it remains Rs 49.
Once the acquisition of Blinkit is closed, Zomato will experiment with cross-leveraging its customer base for Blinkit and vice versa, its Founder and CEO Deepinder Goyal has stressed.
"The Blinkit app will continue to operate independently. We will also start working on integrating the delivery fleet back-ends which should drive higher delivery efficiency over time," he had said in the letter to shareholders.
Tech integrations between the two companies will accelerate the pace of progress at both ends.
According to the company, the losses for Blinkit are coming down every month — from Rs 2,040 million (about $26 million) in January 2022 to Rs 929 million ($12 million) in July.
Blinkit has also shut down a number of unviable dark stores, which were not scaling and the team will continue to evaluate non-performing stores.
In just six months, the Blinkit business has scaled to 20 percent of Zomato's food delivery GOV while being present in less than 15 cities.
"Quick commerce cuts across a wide range of essential spends including grocery, fruits and vegetables, beauty and personal care, OTC medicines, and stationery items, among others. Therefore, we expect the overall customer base, average order value as well as monthly order frequency to be higher than food delivery," according to the company.
Blinkit last week announced to deliver printouts at people's doorsteps in a jiffy.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng