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Zomato To Hike Stake In Blinkit


Zomato plans to purchase extra stake in grocery-delivery startup

BENGALURU:

Zomato Ltd mentioned on Friday it’s going to purchase extra stake in native grocery-delivery startup for 44.47 billion rupees ($568.16 million) because the food-delivery agency appears to benefit from the booming fast supply market.

China’s Ant Group-backed Zomato already owns greater than 9 per ┬ástake in Blinkit.

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