India Tech 🇮🇳 AI NewsEternal has invested Rs 450 crore (about 50M USD) in Blinkit through a rights issue, marking the first capital infusion into the quick commerce company in 2026. The move comes amid intensifying rivalry with Zepto and Swiggy Instamart. https://entrackr.com/exclusive/exclusive-eternal-infuses-rs-450-cr-into-blinkit-as-quick-commerce-rivalry-heats-up-11206006 #India #Tech #QuickCommerce #Blinkit
Exclusive: Eternal infuses Rs 450 Cr into Blinkit as quick commerce rivalry heats up
Foodtech giant Eternal has invested Rs 450 crore (around $50 million) in its quick commerce subsidiary Blinkit through a rights issue. This is the first capital infusion into Blinkit in 2026, after the company received Rs 2,600 crore from Eternal in 2025.