Eternal has invested Rs 450 crore into its quick commerce arm Blinkit, continuing its financial support after infusing Rs 2,600 crore last year. This investment comes as Blinkit has turned profitable, reporting an adjusted Ebitda profit of Rs 4 crore in Q3FY26 alongside significant revenue growth.
The funding will support Blinkit's expansion, including a goal to increase its dark store network to 3,000 warehouses. The move occurs amid intensifying competition in quick commerce, with rivals like Swiggy raising capital and Zepto filing for an IPO.
The article also notes a leadership change at Eternal, with Blinkit's founder Albinder Dhindsa taking over as CEO, underscoring Blinkit's growing importance as it now generates a larger net order value than Eternal's core food delivery business.
Main Topics: Capital investment in Blinkit; Blinkit's financial performance and expansion; Competitive landscape in quick commerce; Leadership change at Eternal.
Gurugram-based Eternal has infused Rs 450 crore into its quick commerce arm Blinkit, according to a regulatory filing with the Registrar of Companies, as competition intensifies in the 10-minute delivery space.
This marks Eternalâs first capital infusion into Blinkit in 2026. Last year, the parent company pumped a total of Rs 2,600 crore into the quick commerce business.
ET has reached out to Eternal for comment.
In 2025, Eternal injected Rs 500 crore into Blinkit in January, followed by Rs 1,500 crore in February and another Rs 600 crore in November.
Entrackr was the first to report the latest development.
In December 2025, Eternalâs food and grocery delivery rival Swiggy raised Rs 10,000 crore through a qualified institutional placement (QIP), just over a year after its initial public offering (IPO). Nexus Venture Partners-backed Zepto has also filed confidential draft papers with Sebi for an IPO.
Meanwhile, larger ecommerce players such as Amazon, Flipkart and Reliance Industries are also stepping up investments in the quick commerce segment.
Blinkit turned profitable in the December quarter. The company reported an adjusted Ebitda profit of Rs 4 crore in Q3FY26, compared with a loss of Rs 103 crore in the year-ago quarter. Revenue rose to Rs 12,256 crore from Rs 1,399 crore a year earlier, while gross profit increased to Rs 3,539 crore from Rs 1,300 crore.
For Blinkit, periodic fund infusions from parent Eternal support network expansion and growth initiatives, including funding operating losses, working capital requirements and capital expenditure.
The company is undertaking a significant expansion of its dark store network, targeting 3,000 micro-warehouses by March 2027. As of December 31, it had 2,027 stores.
Eternal also saw a leadership change in February, when founder Deepinder Goyal stepped down as managing director and chief executive officer. He was succeeded by Blinkit founder and CEO Albinder Dhindsa, who continues to lead the quick commerce business. In terms of net order value, Blinkit is now larger than Eternalâs cash generating food delivery business.
This marks Eternalâs first capital infusion into Blinkit in 2026. Last year, the parent company pumped a total of Rs 2,600 crore into the quick commerce business.
ET has reached out to Eternal for comment.
In 2025, Eternal injected Rs 500 crore into Blinkit in January, followed by Rs 1,500 crore in February and another Rs 600 crore in November.
Entrackr was the first to report the latest development.
In December 2025, Eternalâs food and grocery delivery rival Swiggy raised Rs 10,000 crore through a qualified institutional placement (QIP), just over a year after its initial public offering (IPO). Nexus Venture Partners-backed Zepto has also filed confidential draft papers with Sebi for an IPO.
Meanwhile, larger ecommerce players such as Amazon, Flipkart and Reliance Industries are also stepping up investments in the quick commerce segment.
Blinkit turned profitable in the December quarter. The company reported an adjusted Ebitda profit of Rs 4 crore in Q3FY26, compared with a loss of Rs 103 crore in the year-ago quarter. Revenue rose to Rs 12,256 crore from Rs 1,399 crore a year earlier, while gross profit increased to Rs 3,539 crore from Rs 1,300 crore.
For Blinkit, periodic fund infusions from parent Eternal support network expansion and growth initiatives, including funding operating losses, working capital requirements and capital expenditure.
The company is undertaking a significant expansion of its dark store network, targeting 3,000 micro-warehouses by March 2027. As of December 31, it had 2,027 stores.
Eternal also saw a leadership change in February, when founder Deepinder Goyal stepped down as managing director and chief executive officer. He was succeeded by Blinkit founder and CEO Albinder Dhindsa, who continues to lead the quick commerce business. In terms of net order value, Blinkit is now larger than Eternalâs cash generating food delivery business.
Meridiano
