Eternal Infuses ₹450 Cr into Blinkit Amid Intensifying Quick Commerce Competition

Foodtech major Eternal has invested ₹450 crore (around $50 million) into its quick commerce subsidiary Blinkit through a rights issue, marking the first capital infusion into the company in 2026. According to regulatory filings reviewed by Entrackr, Blinkit’s board approved the allotment of 2,799 equity shares to Eternal at an issue price of ₹16,07,161 per … Continue reading Eternal Infuses ₹450 Cr into Blinkit Amid Intensifying Quick Commerce Competition