Blinkit vs Flipkart: Founders, CEOs and History
Blinkit was founded in 2013 by Albinder Dhindsa, Saurabh Kumar and is led by Albinder Dhindsa. Flipkart was founded in 2007 by Sachin Bansal, Binny Bansal and is led by Kalyan Krishnamurthy.
Company facts
Founders
Blinkit
Albinder Dhindsa
Albinder Singh Dhindsa is the co-founder of Blinkit and, since February 1, 2026, Group CEO of its parent company Eternal Ltd, which also owns Zomato, District and Hyperpure.
Saurabh Kumar
Saurabh Kumar is the co-founder of Grofers, the grocery delivery startup that became Blinkit.
Flipkart
Sachin Bansal
Sachin Bansal co-founded Flipkart in 2007 alongside Binny Bansal (no relation). Operating initially out of an apartment in Bangalore, they launched the company by selling books online.
Binny Bansal
Binny Bansal co-founded Flipkart in 2007. Serving as the Chief Operating Officer, he designed the underlying supply chain and logistics infrastructure (eKart) that allowed Flipkart to reliably deliver goods across India's notoriously difficult terrain.
CEOs and their tenures
Blinkit
- Albinder Dhindsa2013–present
Co-Founder & CEO; Group CEO of Eternal since February 2026
Co-founded Grofers in 2013, led the 2021 rebuild into Blinkit, agreed the 2022 sale to Zomato, and grew the network from 526 stores in March 2024 to 2,443 by June 2026 before taking charge of the whole Eternal group.
Source - Saurabh Kumar2013–2021
Co-Founder
Saurabh Kumar co-founded Grofers in 2013 and was part of its leadership for almost eight years, through the funding boom, the 2016 layoffs and the move to company-run warehouses.
Source
Flipkart
- Sachin Bansal2007–2016
Co-founder & former CEO
An IIT Delhi computer science graduate and former Amazon software engineer, Bansal laid the foundational infrastructure for India's modern internet economy.
Source - Binny Bansal2016–2017
Co-founder & former Group CEO
Binny Bansal was instrumental in engineering Ekart's national logistics network before transitioning to Group CEO during Flipkart's historic transaction with Walmart.
Source - Kalyan Krishnamurthy2017–present
CEO
A former Tiger Global managing director with an MBA from UIUC, Krishnamurthy's execution prowess solidified Flipkart's position as India's leading digital retail ecosystem.
Source - Ravi Iyer2019–present
Chief Financial Officer, Flipkart
As Senior Vice President of Corporate Finance, he manages the incredibly complex capital requirements for Flipkart's ongoing, brutal price war against Amazon India.
Source
Timeline: Blinkit and Flipkart side by side
2007Flipkart
Flipkart founded in Bengaluru by Sachin Bansal and Binny Bansal as an online bookstore.
2009Flipkart
Accel India invests $1 million in seed capital, accelerating tech infrastructure and marketing.
2010Flipkart
Flipkart pioneers Cash on Delivery (COD), sparking large consumer trust and transaction growth.
2013Blinkit
Company Founded as Grofers
Albinder Dhindsa and Saurabh Kumar launched a hyperlocal grocery delivery app in Gurugram.
2014Flipkart
Launches inaugural Big Billion Days festival and acquires premier fashion marketplace Myntra for $300M.
2015Blinkit
$120 Million SoftBank-Led Round
Grofers raised its largest early round and acqui-hired SpoonJoy and Townrush in October.
2016Blinkit
Layoffs and Push for Break-Even
Grofers cut about 10% of staff and withdrew 67 campus offers as funding tightened.
2016Flipkart
Acquires UPI payments startup PhonePe, integrating mobile payments across its commerce ecosystem.
2017Flipkart
Kalyan Krishnamurthy becomes CEO; Flipkart raises $1.4 billion from Tencent, eBay and Microsoft, then $2.5 billion from SoftBank Vision Fund.
2018Flipkart
Walmart acquires a 77% controlling stake for $16 billion, its largest acquisition ever.
2021Blinkit
Relaunch as Blinkit
After Zomato's $100 million investment and Saurabh Kumar's exit, Grofers became Blinkit in December.
2021Flipkart
Acquires travel platform Cleartrip; raises $3.6 billion at a $37.6 billion valuation.
2022Blinkit
Zomato Completes Acquisition
The ~$516 million (₹4,447 crore) all-stock deal closed and Blinkit was consolidated from August 10, 2022.
2022Flipkart
Completes the separation of PhonePe into an independent company, with both remaining under Walmart majority ownership.
2024Blinkit
Monthly Adjusted EBITDA Break-Even
Blinkit broke even on adjusted EBITDA in March 2024 with 526 stores.
2024Blinkit
Bistro Pilot in Gurugram
Blinkit launched Bistro, a separate app for snacks and meals delivered in minutes, in December 2024.
2024Flipkart
Raises about $1 billion in a Walmart-led round including Google at a roughly $36 billion valuation; launches Flipkart Minutes quick commerce in August.
2025Blinkit
Blinkit Ambulance Launched
The first five Blinkit ambulances went into service in Gurugram on January 2, 2025.
2025Blinkit
Parent Becomes Eternal; 1,301 Stores
Zomato renamed itself Eternal Ltd in March 2025, when Blinkit's network reached 1,301 dark stores.
2025Blinkit
Switch to Owned Inventory
From September 1, 2025 Blinkit stopped operating as a marketplace and began buying and selling stock itself.
2025Blinkit
First Positive Quarterly Adjusted EBITDA
Blinkit earned ~$464,000 (₹4 crore) of adjusted EBITDA in the October-December 2025 quarter and ended it with 2,027 stores.
2025Flipkart
Flipkart India reports FY2025 revenue of ~$9.6 billion (₹82,787 crore) (+17.3%) and a ~$602 million (₹5,189 crore) loss; marketplace arm Flipkart Internet cuts its loss 37%.
2026Blinkit
10-Minute Tagline Dropped; Dhindsa Becomes Group CEO
Blinkit removed its 10-minute claim in January, and Albinder Dhindsa took over as Eternal Group CEO on February 1.
2026Blinkit
₹37,779 Crore FY26 Revenue and 2,443 Stores
Blinkit closed FY26 with ~$4.38 billion (₹37,779 crore) of revenue and reached 2,443 stores by June 30, 2026.
2026Flipkart
Completes reverse flip of its holding company from Singapore to India in March; a July employee buyback values Flipkart at about $38.2 billion as it prepares for an Indian IPO.
Acquisitions
Blinkit
- SpoonJoy2015Undisclosed
- Townrush2015Undisclosed
- MyGreenBox2015Undisclosed
Flipkart
- Cleartrip2021$40M
- eBay India2017Undisclosed
- Jabong2016$70M
- Myntra2014$300M
Questions about Blinkit vs Flipkart
Who is the CEO of Blinkit and Flipkart?
Blinkit is led by Albinder Dhindsa and Flipkart is led by Kalyan Krishnamurthy. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Blinkit founded vs Flipkart?
Flipkart was founded in 2007 — 6 years before Blinkit, which was founded in 2013. Flipkart's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Blinkit.
How many employees does Blinkit have compared to Flipkart?
Flipkart employs approximately 45,000 people. A verified employee count for Blinkit is not currently available.
Where are Blinkit and Flipkart headquartered?
Both Blinkit and Flipkart are headquartered in India. Their local rules and tax obligations may still differ.
Who founded Blinkit and Flipkart?
Blinkit was founded by Albinder Dhindsa, Saurabh Kumar. Flipkart was founded by Sachin Bansal, Binny Bansal.
Which company has a longer operating history — Blinkit or Flipkart?
Flipkart has been operating for approximately 19 years, making it the more established of the two companies. Blinkit has been in operation for around 13 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Blinkit vs Flipkart overview