Blinkit is now more valuable than Zomato's food delivery business

Blinkit, which was acquired by Zomato in a 2022 deal valued at $568 million, is now evaluated at a staggering $13 billion by Goldman Sachs, surpassing Deepinder Goyal-led Zomato's core food delivery business. Initially perceived as a liability that caused a 20% drop in Zomato's shares, Blinkit has become its most valuable division.