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Eternal CEO Deepinder Goyal and Vipin Kapooria
Blinkit chief financial officer (CFO) Vipin Kapooria has reportedly resigned about 16 months after joining the quick-commerce firm, according to a PTI report.
Kapooria joined Blinkit in September last year from Flipkart. He joined the Walmart-owned ecommerce company in 2015, left in 2018 for hospitality giant OYO, and returned in 2020 before moving to Blinkit. At OYO, he served as vice president for business finance.
At Blinkit, Kapooria was the first full-time CFO in nearly two years. The role had been vacant since Amit Sachdeva, the company’s earlier CFO, exited in 2022 following Blinkit’s acquisition by Zomato, now rebranded as Eternal. Kapooria worked closely with Blinkit CEO Albinder Dhindsa and Eternal CFO Akshant Goyal.
He joined Blinkit shortly before Eternal raised Rs 8,500 crore through a qualified institutional placement last year.
Kapooria’s exit comes amid heightened competition in quick commerce. Blinkit is locked in a three-way battle with Zepto and Swiggy Instamart, even as Amazon and Flipkart scale up their 10-minute delivery offerings. Flipkart entered the segment in mid-2024 and is preparing for a potential IPO next year, while also completing the final stages of redomiciling its base from Singapore to India.
The quick commerce sector has seen a wave of capital market activity over the past year. Swiggy raised Rs 10,000 crore via a QIP earlier this month. Zepto, the only standalone quick commerce company, has reportedly filed confidential draft papers with SEBI to raise over Rs 11,500 crore through an IPO next year.
Blinkit, meanwhile, has continued to scale rapidly. In 2025, it overtook the gross order value of Eternal’s core food delivery business for the first time. The company currently operates around 1,816 dark stores and plans to cross 2,000 stores by the end of the calendar year.
The report also comes at a time when Blinkit and other major app-based delivery platforms are facing nationwide protests by delivery partners. Workers across multiple cities have staged strikes over issues including pay structures, long working hours, algorithm-driven targets and the lack of social security benefits.
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