Announced
Synopsis
Zomato, a food delivery platform, agreed to acquire Blinkit, a grocery delivery startup, from Tiger Global, an investment firm, and SoftBank Vision Fund, a venture capital fund, for $569m. “We have seen this industry grow rapidly, both in India and globally, as customers have found great value in quick delivery of groceries and other essentials. This business is also synergistic with our core food business, giving Zomato the right to win in the long term," Deepinder Goyal, Zomato Founder and CEO.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.