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Blinkit CEO Albinder Dhindsa said that he believes this will improve affordability and enable better financial planning for their customers.
Blinkit was founded in December 2013.
Diwali arrives with several offers for the shoppers. Marketing brands eye for the festival bonuses and discounts for their users. Joining the list of benefactors, Zomato-owned quick e-commerce company Blinkit has started an EMI facility for its customers. Blinkit’s Chief Executive Officer Albinder Dhindsa revealed the same on social media.
Blinkit CEO Albinder Dhindsa said that he believes this will improve affordability and enable better financial planning for their customers. The benefit of the EMI (Equated Monthly Instalment) facility on Blinkit will be applicable on all orders above Rs 2,999. However, gold and silver coins cannot be purchased using this feature. In the picture shared by Albinder Dhindsa on the social media platform X, the option of no-cost EMI is visible along with 15 per cent interest on an annual basis.
“We have introduced buying with EMI on Blinkit! EMI options will be applicable on all orders above ₹2,999 (except orders that contain gold and silver coins). We believe this will improve affordability and enable better financial planning for our customers.” wrote Albinder Dhindsa.
We have introduced buying with EMI on Blinkit!EMI options will be applicable on all orders above ₹2,999 (except orders that contain gold and silver coins)
We believe this will improve affordability and enable better financial planning for our customers. pic.twitter.com/htBrxnKMjk
— Albinder Dhindsa (@albinder) October 24, 2024
Blinkint’s parent company Zomato will raise Rs 8,500 crore through qualified institutional placement (QIP) of equity shares. According to the information given in the exchange filing, the company’s board has approved the proposal to raise Rs 8,500 crore through qualified institutional placement.
During checkout, the users can select EMI as the payment option, enabling them to break down the payment into easy instalments. Blinkit is one of the cost-effective e-commerce brands. Earlier this week, Blinkit also launched its Seller Hub. This platform allows brands to manage their presence on Blinkit independently, without the need for intermediaries.
Blinkit was founded in December 2013. It claims to complete the orders in just 10 minutes. The company has continued to innovate, recently expanding its offerings to include the all-new iPhone 16 and iPhone 16 Plus. can also be delivered to customers’ doorsteps within minutes. You can download the Blinkit App on your phone.
