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Not Concerned About New Entrants In Quick Commerce: Blinkit CEO

  • Blinkit CEO, Albinder Dhindsa, stated that the company is not worried about new competitors entering the quick commerce market and believes there is enough space for everyone.
  • Blinkit will continue to focus on providing customers with a service they didn't know they needed.
  • Zomato, Blinkit's parent company, plans to raise funds through equity shares via qualified institutional placement to further fuel its quick commerce vertical.
  • Blinkit aims to increase its total dark store count to 2,000 by the end of 2026, requiring significant capital to scale up amidst rising competition.

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