Fast commerce platform Blinkit on Sunday launched its providers in Jammu. With three operational shops now, the corporate is delivering to areas, together with Trikuta Nagar, Roop Nagar, and Akhnoor Highway.
“Blinkit is now delivering in Jammu! We’re excited to serve clients on this area and produce our promise of fast and dependable deliveries to their doorsteps,” stated Albinder Dhinsa, Founder and CEO of Blinkit, in a LinkedIn publish.
The Trikuta Nagar retailer will cater to localities reminiscent of Preet Nagar and Railhead Highway, whereas the Roop Nagar and Akhnoor Highway shops will serve Durga Nagar, Bhawaninagar, and Rehari Colony, amongst others, the founder stated.
The event comes as competitors heats up amongst fast commerce gamers, with Zepto, Blinkit, and Swiggy Instamart dictating the phrases of progress within the sector.
Earlier in December 2024, the Zomato-owned firm appointed Vipin Kapooria, beforehand the Vice President at Flipkart, as its chief monetary officer. The transfer alerts Blinkit’s give attention to strengthening its monetary operations and scaling progress.
In response to stories, India’s fast commerce market is valued at about $3.34 billion, projected to achieve $9.95 billion by 2029, rising at a CAGR of over 4.5%. Regardless of this enlargement, stories say the sector presently penetrates solely 7% of its whole addressable market, estimated at $45 billion, highlighting substantial alternatives for additional growth.
