Zomato cofounder and chief executive Deepinder Goyal on Monday said the company’s quick-commerce platform Blinkit will be bigger than its mainstay business of food-delivery in a year’s time. Goyal was speaking at the goverment of India-organised Startup Mahakumbh, a three-day event where startup founders will convene to discuss how policy formations can help boost India's global ranking in innovation.
The food-delivery major has big plans to take Blinkit beyond grocery delivery into the territory of ecommerce. ET had reported on March 4 that the Zomato’s Blinkit and Mumbai-based Zepto are adding categories such as electronics, fashion and home appliances as they start looking like mainstream ecommerce sites.
Highlighting the fast-changing technological landscape, Goyal said that none of the business models created today will last beyond a decade or two. “It's harder to create a generational company today than a few decades ago because of technology,” he said.
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Responding to a question by Info Edge India cofounder Sanjeev Bikhchandani, who is on the organising committee of the event and the earliest institutional investor in Zomato, Goyal said that Zomato is not the same company as