Tag: blinkit

Samsung Galaxy S24 Series to Be Available on Blinkit in Select Cities; Doorstep Delivery in 10 Minutes

Samsung Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra were unveiled at the company’s Galaxy Unpacked event last week. The latest flagships are currently up for pre-orders in India and are set to go on sale for the first time starting Wednesday, January 31. Ahead of the sale, Samsung has joined hands with hyper-local delivery company Blinkit to offer doorstep delivery of the Galaxy S24 series in select cities. The company is claimed to deliver new handsets to buyers within 10 minutes of receiving the order.

Samsung, via a press release on Thursday (January 25), announced a tie-up with Blinkit to deliver its recently launched Galaxy S24 series in India. Customers in Bengaluru, Delhi-NCR, and Mumbai can order Galaxy S24 Ultra, Galaxy S24+, and Galaxy S24 smartphones on the instant delivery platform for doorstep delivery. The handsets will be delivered in less than 10 minutes of receiving the order, claims Blinkit. Meanwhile, other online retailers will take at least one day to deliver the handsets.

Customers buying the Galaxy S24 series through the Blinkit app or website can avail of an instant cashback of Rs. 5,000 for payments made using HDFC Bank credit cards.

The Galaxy S24 has a starting price tag of Rs. 79,999 for the base 8GB + 256GB variant, the Galaxy S24+ pricing starts at Rs. 99,999, and the Galaxy S24 Ultra has a starting price tag of Rs. 1,29,999.

Samsung Galaxy S24 series run on Android 14-based One UI 6.1 and boasts Dynamic AMOLED 2X displays with up to 120Hz refresh rate. The Galaxy S24 packs 8GB of RAM, while the top-end Galaxy S24+ and Galaxy S24 Ultra offer 12GB of RAM. The Galaxy S24 Ultra runs on a tweaked version of the Snapdragon 8 Gen 3 SoC called “Snapdragon 8 Gen 3 SoC for Galaxy” in all regions. The India variants of Galaxy S24 and Galaxy S24+ smartphones have Exynos 2400 SoC under the hood.

All three phones have IP68-rated dust- and water-resistant build. Samsung has equipped the Galaxy S24 Ultra with a quad camera setup led by a 200-megapixel primary camera. The regular models have triple rear cameras led by a 50-megapixel wide-angle camera.

The Galaxy S24 Ultra comes with a 5,000mAh battery with support for 45W wired charging and Fast Wireless Charging 2.0 that offers 15W charging speeds. The Galaxy S24 and Galaxy S24+ pack 4,000mAh and 4,900mAh batteries with 25W and 45W wired charging support, respectively.

Affiliate links may be automatically generated – see our ethics statement for details.

Check out our Latest News and Follow us at Facebook

Original Source

iPhone 15 Now Available on Blinkit in Select Cities; Promises Phone Delivery in 10 Minutes

iPhone 15 series delivery has started in India starting September 22. Since Friday morning, interested buyers were spotted lining up in long queues outside retail stores, Apple BKC Mumbai or Apple Saket store to purchase the latest flagship models from the California-based firm. However, the instant product delivery app platform Blinkit is making it easier for buyers to purchase the latest iPhone 15 series within minutes. The firm has partnered with Apple premium reseller Unicorn to offer the service. However, the iPhone 15 delivery service is currently being offered in limited cities only. Apple’s latest iPhone 15 lineup was announced at the company’s ‘Wonderlust’ event on September 12 along with the latest Apple Watch Series 9 and other products.

Blinkit founder Albinder Dhindsa has officially announced the firm’s partnership with Apple product reseller Unicorn to offer iPhone 15 series delivery service on Friday via Twitter. According to the tweet, the latest iPhone 15 models will be delivered to users in just 10 minutes. Notably, the service is currently being offered to buyers in Delhi NCR, Mumbai, and Pune only. Moreover, Blinkit users can also avail an instant cashback of up to Rs. 5,000 on making the payment using HDFC bank cards. The firm is also offering EasyEMI options for buyers. 

The users can go to the Blinkit app on iOS and Android and place an order for iPhone 15 or iPhone 15 Plus.

Apple launched the iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max at its ‘Wonderlust’ event on September 12. The phones are now available for sale in India starting September 22. The iPhone 15 price starts at Rs. 79,900, whereas, the iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max are selling at a starting price of Rs. 89,900, Rs. 1,39,900 and Rs. 1,59,900, respectively.

iPhone 15 and the iPhone 15 Plus are available in 128GB, 256GB, and 512GB storage options, and 5 colourways — Black, Blue, Green, Pink, and Yellow. On the other hand, the Pro models are available in Black Titanium, Blue Titanium, Natural Titanium, and White Titanium colour options.

Apple unveiled its first mixed reality headset, the Apple Vision Pro, at its annual developer conference, along with new Mac models and upcoming software updates. We discuss all the most important announcements made by the company at WWDC 2023 on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated – see our ethics statement for details.



Check out our Latest News and Follow us at Facebook

Original Source

Zepto Becomes First Indian Unicorn in Nearly a Year, Raises $200 Million in Funding

Indian grocery startup Zepto said on Friday it has raised $200 million (nearly Rs. 1,650 crore) in fresh funding at a valuation of $1.4 billion (nearly Rs. 11,560 crore), making it the first startup in the country to cross the billion-dollar valuation mark in nearly a year.

Zepto said it raised the funds “in the midst of the deepest downturn in capital markets in over a decade” from US-based investment firms StepStone Group and Goodwater Capital. Existing backers including Nexus Venture Partners, Glade Brook Capital and Lachy Groom also participated in the deal.

Zepto, which promises delivery of groceries in 10 minutes, was started in 2021 by two 19-year-old Stanford dropouts, and competes with SoftBank-funded Swiggy and Blinkit, which are all betting on fast deliveries in the so-called quick commerce sector. Even among them, Zepto’s CEO Aadit Palicha said the company has the quickest average delivery time of 13 minutes. 

Zepto’s rival Swiggy plans to list in India’s stock market next year, Reuters reported.

Zepto plans to use the funds to go deeper into the seven Indian metros it is currently present in, including Delhi, Mumbai and Bengaluru, where it makes a monthly revenue of $50 million (nearly Rs. 410 crore) – $60 million (nearly Rs. 495 crore), Palicha told Reuters.

“Operating in a bear market has forced us to be more disciplined. There is no (question of) growth or profit, it has to be both.” The company is also planning an initial public offering in 2025, he said, without giving further details.

While Zepto is still loss-making, a majority of its so-called dark stores — densely located warehouses — generate cash and the company aims to be profitable in 12-15 months, it said.

The company will consider expanding to new cities after a year, Palicha said.

Zepto was valued at $900 million (nearly Rs. 7,430 crore) when it last raised funds in May 2022. A company statement said it has tripled sales year-on-year and will achieve $1 billion (nearly Rs. 8,260 crore) in annualised sales in the next few quarters. 

Investment bank Avendus advised Zepto on its current fundraising round.

© Thomson Reuters 2023

Affiliate links may be automatically generated – see our ethics statement for details.

Check out our Latest News and Follow us at Facebook

Original Source

Zypp Electric Raises $25 Million Funding, Aims to Expand to Mumbai, Chennai by 2025

Zypp Electric said on Wednesday it has raised $25 million (nearly 206 crore) in a series B funding round led by Taiwanese battery-swapping service provider Gogoro, as the Indian electric vehicle startup looks to expand to new cities and boost its fleet size.

The funding round marks Gogoro’s latest effort to expand in India, where EVs are receiving mainstream push, having partnered with the country’s top bikemaker Hero MotoCorp and the state of Maharashtra.

“Electric vehicles are what the entire (delivery) industry is looking forward to,” Zypp‘s Chief Executive Officer Akash Gupta told Reuters.

The startup, which provides EVs for last-mile delivery for online stores, plans on using the funds to increase its fleet size to 2,00,000 EVs from 10,000, and expand to 30 Indian cities including Chennai and Mumbai by 2025, up from six currently.

Delivery companies in India are gearing towards cleaner mobility, with Amazon aiming to have 10,000 EVs for deliveries by 2025, while Walmart‘s Flipkart plans to have 25,000 EVs by 2030.

Several new and existing investors, including Goodyear Tire & Rubber’s Goodyear Ventures, 9Unicorns and WFC, participated in the funding round, which comprised $20 million (nearly Rs. 165 crore) in equity and $5 million (nearly Rs. 40 crore) in debt. 

Founded in 2017, Zypp has partnered with online shopping platforms Flipkart and Myntra, food delivery service providers Zomato and Swiggy, and grocery players Zepto and Blinkit.

It also aims to grow its operations by hiring across technology and top-level positions at a time when a few Indian startups are laying off hundreds of workers to reduce expenses.

Zypp said it is looking to be profitable in the next 12-18 months.

© Thomson Reuters 2023

 

Samsung’s Galaxy S23 series of smartphones was launched earlier this week and the South Korean firm’s high-end handsets have seen a few upgrades across all three models. What about the increase in pricing? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated – see our ethics statement for details.

Check out our Latest News and Follow us at Facebook

Original Source

Blinkit Partners With Apple Reseller Unicorn to Deliver iPhone 14 in Delhi, Mumbai

Blinkit, a quick product delivery firm, has now partnered with Unicorn to deliver iPhone 14. The e-commerce firm announced the new collaboration with Apple reseller Unicorn on Friday. However, the iPhone 14 delivery will be currently limited to Delhi and Mumbai. In India, the sale for newly launched iPhone 14 series (except iPhone 14 Plus), Watch Series 8 and Apple Watch SE (2nd Generation) began today, while the products were available for pre-order starting September 9. Apple’s latest iPhone lineup was announced at the ‘Far Out’ event on September 7.

In a official announcement on Friday via Twitter, quick commerce firm Blinkit informed the users that it has partnered with Apple product reseller Unicorn to deliver iPhone 14 models. According to the tweet, the delivery of these iPhone models will be currently limited to only two Tier 1 cities — Delhi and Mumbai.

As per the claims by Blinkit’s founder Albinder Dhindsa, the company will deliver iPhone 14 models within minutes to the customers. The users will have to update to the latest versions of Blinkit on iOS and Android to avail this facility.

The delivery time of the iPhone 14 models and accessories will be limited to the Unicorn store timings. The app also informs that the iPhone 14 Plus models will be available to purchase starting October 7 as Apple has delayed the arrival of the model. While Apple has fixed iPhone 14 starting price at Rs. 79,900, iPhone 14 Plus will be available at a starting price of Rs. 89,900.

Blinkit, formely known as Grofers, was acquired by online food delivery platform Zomato for Rs. 4,450 crore in June this year. Meanwhile, Apple launched the iPhone 14 series — iPhone 14, iPhone 14 Plus, iPhone 14 Pro and the iPhone 14 Pro Max — on September 7 alongside Apple Watch Series 8 and Apple Watch SE (2nd Generation). Apple has started selling the newly launched products, except iPhone 14 Plus, starting September 16.

Check out our Latest News and Follow us at Facebook

Original Source

Zomato to Acquire Blinkit’s Blink Commerce in Rs. 4,447 Crore Deal

Online food delivery platform Zomato on Friday said it will acquire Blink Commerce (formerly known as Grofers India) for a total purchase consideration of Rs 4,447.48 crore in a share swap deal.
The company’s board at a meeting held on Friday has approved acquisition of up to 33,018 equity shares of Blink Commerce from its shareholders for a total purchase consideration of Rs 4,447.48 crore at a price of Rs 13.45 lakh per equity share, Zomato said in a regulatory filing.

This transaction will be carried out through issuance and allotment of up to 62.85 crore fully paid-up equity shares of Zomato, having face value of Re 1 each at a price of Rs 70.76 per equity share, it added.

The company already holds 1 equity share and 3,248 preference shares presently in BCPL, the filing said.

“This acquisition is in line with our strategy of investing in the quick commerce business,” Zomato said.

Blink Commerce runs the online quick commerce service under the Blinkit brand.

Check out our Latest News and Follow us at Facebook

Original Source

Exit mobile version