Blinkit vs JioMart Express: Founders, CEOs and History
Blinkit was founded in 2013 by Albinder Dhindsa, Saurabh Kumar and is led by Albinder Dhindsa. JioMart Express was founded in 2022 by Mukesh Ambani, Isha Ambani and is led by Isha Ambani.
Company facts
Blinkit
- Founded
- 2013
- Headquarters
- Gurugram, Haryana, India
- Current CEO
- Albinder Dhindsa
JioMart Express
- Founded
- 2022
- Headquarters
- Navi Mumbai, Maharashtra, India
- Current CEO
- Isha Ambani
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.
JioMart Express
Mukesh Ambani
Mukesh Ambani is chairman and managing director of Reliance Industries, the parent of Reliance Retail. JioMart Express was launched by Reliance Retail under his group's retail strategy, which also covers JioMart, Smart Bazaar and the Dunzo investment.
Isha Ambani
Isha Ambani leads Reliance Retail Ventures as executive director and sits on the Reliance Industries board as a non-executive director. She presented Reliance Retail's FY26 results and JioMart quick-commerce numbers at the 2026 AGM.
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
JioMart Express
- Isha Ambani
Executive Director, Reliance Retail Ventures
Leads Reliance Retail, including JioMart's quick-commerce rebuild.
Source - Dinesh Taluja
Chief Financial Officer, Reliance Retail
Sets the financial discipline for JioMart quick commerce, including per-dark-store targets.
Source - Mukesh Ambani
Chairman & Managing Director, Reliance Industries
Heads the parent group that funded JioMart Express and the Dunzo investment.
Source
Timeline: Blinkit and JioMart Express side by side
2013Blinkit
Company Founded as Grofers
Albinder Dhindsa and Saurabh Kumar launched a hyperlocal grocery delivery app in Gurugram.
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.
2021Blinkit
Relaunch as Blinkit
After Zomato's $100 million investment and Saurabh Kumar's exit, Grofers became Blinkit in December.
2022Blinkit
Zomato Completes Acquisition
The ~$516 million (₹4,447 crore) all-stock deal closed and Blinkit was consolidated from August 10, 2022.
2022JioMart Express
Reliance takes 25.8% of Dunzo
Reliance Retail invested about $200 million in Dunzo as part of a $240 million round in January 2022.
2022JioMart Express
JioMart Express launches in Navi Mumbai
Reliance launched a standalone app promising grocery delivery in about 90 minutes in March 2022.
2023JioMart Express
JioMart Express shut down
Reliance paused the service in February 2023; the app left Google Play and the website went inactive.
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.
2024JioMart Express
Reliance restarts quick grocery delivery under JioMart
In June 2024 JioMart began a pilot in parts of Mumbai and Navi Mumbai delivering groceries within about an hour from Reliance Retail stores, rather than the dark stores JioMart Express had used.
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.
2025JioMart Express
Dunzo investment written off
Reliance Retail wrote off its roughly Rs 1,645 crore investment in Dunzo after the startup collapsed.
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.
2026JioMart Express
JioMart hits 1.6 million daily orders
Reliance said JioMart quick commerce reached about 1.6 million average daily orders in the December 2025 quarter.
Acquisitions
Blinkit
- Blinkit (Blink Commerce Pvt Ltd) acquired by Zomato2022$568M
- SpoonJoy2015Undisclosed
- Townrush2015Undisclosed
Questions about Blinkit vs JioMart Express
Who is the CEO of Blinkit and JioMart Express?
Blinkit is led by Albinder Dhindsa and JioMart Express is led by Isha Ambani. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Blinkit founded vs JioMart Express?
Blinkit was founded in 2013 — 9 years before JioMart Express, which was founded in 2022. Blinkit's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger JioMart Express.
Where are Blinkit and JioMart Express headquartered?
Both Blinkit and JioMart Express are headquartered in India, meaning they operate under the same primary regulatory and tax environment.
Who founded Blinkit and JioMart Express?
Blinkit was founded by Albinder Dhindsa, Saurabh Kumar. JioMart Express was founded by Mukesh Ambani, Isha Ambani.
Which company has a longer operating history — Blinkit or JioMart Express?
Blinkit has been operating for approximately 13 years, making it the more established of the two companies. JioMart Express has been in operation for around 4 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 JioMart Express overview