Blinkit Expands Services To Overseas Markets For Raksha Bandhan

SUMMARY

Blinkit has enabled international orders until August 19, allowing users from six countries to send Rakhis and gifts to India with 10-minute delivery promise.

The company is expanding its offerings and reported a 130% YoY surge in gross order value to INR 4,923 Cr in Q1 FY25.

Blinkit currently operates 639 dark stores, aims to scale up to 2,000 by 2026, while Zomato (its parent company) reported a profit of INR 253 Cr in Q1 FY25

With Raksha Bandhan, the festival celebrating the bond between siblings, just around the corner, Zomato-owned quick commerce platform Blinkit has expanded its services to the overseas markets on this occasion, allowing users from select countries to send rakhis and gifts to their siblings in India.

In an X post, Blinkit founder Albinder Dhindsa said that the company has switched on international orders until August 19 and users from the US, Canada, Netherlands, Germany, France and Japan can now place orders on Blinkit for delivery in India.

“Folks living abroad can now place orders on Blinkit to send rakhis and gifts to their siblings in India and we’ll deliver in 10 minutes!” Dhindsa said in his post.

In addition to enabling international orders, the company is also offering free delivery on rakhi purchases within India.

This initiative aligns with Blinkit’s ongoing efforts to expand its product offerings and enhance user experience. The quick commerce platform has been rapidly scaling up operations and diversifying its catalogue to meet growing consumer demand.

Notably, Blinkit’s gross order value (GOV) surged 130% to INR 4,923 Cr in Q1 FY25 from INR 2,140 Cr in the corresponding quarter last year. Sequentially, it rose 22.2% from INR 4,027 Cr in Q4 FY24.

Blinkit currently operates 639 dark stores across the country and its average daily GOV throughout per store has risen to INR 10 Lakh from 639 stores as compared to INR 6 Lakh from 383 stores earlier.

It aims to scale the dark store’s number up to 2,000 by the end of 2026 while remaining profitable, said Albinder Dhindsa, cofounder and CEO of Blinkit.

It is pertinent to note that Zomato continued its run on the profit lane in the first quarter of FY25, with its quick commerce vertical Blinkit leading the show once again.

While the gross order value (GOV) of Zomato’s three B2C business verticals (food delivery, quick commerce, and going out) grew 53% year-on-year (YoY) during the quarter under review, Blinkit’s GOV grew 130% YoY.

On the financial front, Zomato’s profit after tax (PAT) surged to INR 253 Cr in Q1 FY25 from INR 2 Cr in Q1 FY24, which was its maiden profitable quarter. On a sequential basis, PAT grew nearly 45% from INR 175 Cr.

Operating revenue jumped more than 74% to INR 4,206 Cr in Q1 FY25 from INR 2,416 Cr in the corresponding quarter of last year. Sequentially, it grew 18% from INR 3,562 Cr.