Eternal To Bring Blinkit Foods To Take On Zepto Cafe
Blinkit Foods is proposed to be incorporated as a wholly owned subsidiary with a total paid-up capital of Rs 10 lakh
Blinkit Foods is proposed to be incorporated as a wholly owned subsidiary with a total paid-up capital of Rs 10 lakh
On the demand front, the reports state that daily orders at Zepto Café have decreased in June as compared to the early part of the year
The report states that this is a temporary closure, and the company is likely to resume the services by September after addressing the logistical challenges
The race to deliver food in 10 minutes is picking up pace as the companies are now introducing standalone apps to tap the market
In his new role, Shashank Shekhar Sharma will oversee café operations, footprint expansion, equipment procurement, quality control and the end-to-end customer experience of Zepto Café
The company is planning to introduce over 100 new cafes every month and states that it is ‘on track’ to achieve an annual run rate (ARR) of Rs 1,000 crore by the next financial year