Zomato acquires Blinkit in $568 Mn all stock deal Foodtech major Zomato has reached an agreement to acquire quick commerce platform Blinkit (previously Grofers) for $568 million in an all stock deal. The acquisition marks consolidation in cash-guzzling quick commerce space which counts heavily funded competitors such as Swiggy, Zepto and Dunzo. #Blinkit #Zomato #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackr.com/2022/06/zomato-acquires-blinkit-in-568-mn-all-stock-deal/