Cash-strapped Blinkit lays off people, raises $100m from Zomato: Report

Cash-strapped Blinkit lays off people, raises $100m from Zomato: Report

Photo by Maria Lin Kim on Unsplash

Zomato-backed online grocery delivery service Blinkit (formerly Grofers) is in the process of laying off employees as it faces a serious cash crunch amid rising competition from the likes of Swiggy and Zepto.