Zomato and Blinkit reach agreement for merger

Food delivery firm Zomato and instant delivery service Blinkit have reached an agreement for a merger, a source familiar with the matter told TechCrunch. The all-stock deal values Blinkit between $700 million and $750 million, the source said, requesting anonymity as the matter is private. The merger comes at a time when Blinkit has been […]...