Zomato has invested Rs 2,800 crore in Blinkit since acquiring the company for Rs 4,477 crore in an all-stock deal in August 2022. This latest investment follows Zomato raising Rs 8,500 crore through a QIP in November, a move aimed at bolstering its balance sheet in the face of growing competition. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/zomato-infuses-rs-500-crore-in-quick-commerce-platform-blinkit/117327344
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