IBLA 2024 results: Blinkit wins ‘Disruptor of the Year’ for quick-commerce innovation – CNBC TV18
Blinkit, India’s leading quick-commerce player, has been awarded the ‘Disruptor of the Year’ title at the 20th edition of CNBC-TV18’s India Business Leader Awards (IBLA), held in Mumbai on 7 December.
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The company has redefined convenience for Indian consumers, delivering everything from groceries to electronics in under 10 minutes. With operations in 26 cities, Blinkit’s robust network of 639 dark stores underpins its 40% market share.
In FY24, Blinkit achieved a 93% surge in Gross Order Values, reaching ₹12,469 crore, while revenues more than doubled to ₹2,301 crore.
Now an integral part of the Zomato equity story, Blinkit exemplifies modern convenience and has firmly established quick-commerce in India’s retail landscape.
For its transformative impact on consumer behaviour and the shopping experience, Blinkit has rightfully earned the title of ‘Disruptor of the Year’.
(Edited by : Sheersh Kapoor)
