Blinkit vs Swiggy: Founders, CEOs and History
Blinkit was founded in 2013 by Albinder Dhindsa, Saurabh Kumar and is led by Albinder Dhindsa. Swiggy was founded in 2014 by Sriharsha Majety, Nandan Reddy, Rahul Jaimini and is led by Sriharsha Majety.
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.
Swiggy
Sriharsha Majety
Sriharsha Majety is a fiercely visionary Indian technology entrepreneur, highly strategic logistics architect, and the profoundly influential CEO and co-founder fundamentally responsible for architecting the massively dominant Swiggy food delivery empire.
Nandan Reddy
Nandan Reddy is an absolutely brilliant operations executive, fiercely skilled digital strategist, and the profoundly influential co-founder fundamentally responsible for the incredibly robust operational scaling and fleet architecture of the massive Swiggy pl…
Rahul Jaimini
Rahul Jaimini is a highly astute software engineer, fiercely visionary digital architect, and the profoundly influential CTO and technical co-founder fundamentally responsible for programming the incredibly complex infrastructural bedrock of the massive Swiggy…
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
Swiggy
- Rahul Bothra
Group Chief Financial Officer
Leads finance and investor communications, presenting Swiggy's quarterly results alongside the Group CEO.
Source - Rohit Kapoor
CEO, Food Marketplace
Runs Swiggy's food delivery business, which is adjusted-EBITDA positive.
Source - Sriharsha Majety2014–present
Co-founder & Group CEO
An alumnus of BITS Pilani and IIM Calcutta with investment banking experience at Nomura, Majety's focus on execution excellence and quick commerce built one of India's most ubiquitous consumer brands.
Source - Nandan Reddy2014–present
Co-Founder
Built the initial hyper-local restaurant logistics network and dark store supply chain that cemented Swiggy's position as India's premier food delivery platform.
Source
Timeline: Blinkit and Swiggy side by side
2013Blinkit
Company Founded as Grofers
Albinder Dhindsa and Saurabh Kumar launched a hyperlocal grocery delivery app in Gurugram.
2014Swiggy
Swiggy incorporated in Bengaluru by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini with 6 delivery partners.
2015Blinkit
$120 Million SoftBank-Led Round
Grofers raised its largest early round and acqui-hired SpoonJoy and Townrush in October.
2015Swiggy
Raises $2 million Series A funding from SAIF Partners and Accel India, expanding across major Indian metros.
2016Blinkit
Layoffs and Push for Break-Even
Grofers cut about 10% of staff and withdrew 67 campus offers as funding tightened.
2018Swiggy
Becomes a unicorn after a $210 million round led by Naspers and DST Global, then raises $1 billion in December 2018 led by Naspers and Tencent.
2019Swiggy
Launches Swiggy Genie pickup-and-drop service and expands restaurant network to 100+ cities.
2020Swiggy
Pioneers grocery quick commerce in India by launching Swiggy Instamart during COVID-19 pandemic.
2021Blinkit
Relaunch as Blinkit
After Zomato's $100 million investment and Saurabh Kumar's exit, Grofers became Blinkit in December.
2021Swiggy
Launches Swiggy One unified subscription program, integrating food, grocery, and delivery savings.
2022Blinkit
Zomato Completes Acquisition
The ~$516 million (₹4,447 crore) all-stock deal closed and Blinkit was consolidated from August 10, 2022.
2022Swiggy
Acquires dining out platform Dineout from Times Internet for $120 million; raises $700M at $10.7B valuation.
2023Swiggy
Achieves contribution profitability in core food delivery business and expands dark store footprint.
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.
2024Swiggy
Successfully completes $1.35 billion IPO on National Stock Exchange of India (NSE: SWIGGY).
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.
2025Swiggy
Sells its roughly 12% stake in Rapido to Prosus and WestBridge for about $278 million (₹2,400 crore).
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.
2026Swiggy
Reports FY2026 revenue of ~$2.67 billion (₹23,053 crore) and a ~$482 million (₹4,154 crore) net loss; Q1 FY2027 loss narrows to ~$91.8 million (₹791 crore).
Acquisitions
Blinkit
- Blinkit (Blink Commerce Pvt Ltd) acquired by Zomato2022$568M
- SpoonJoy2015Undisclosed
- Townrush2015Undisclosed
Questions about Blinkit vs Swiggy
Who is the CEO of Blinkit and Swiggy?
Blinkit is led by Albinder Dhindsa and Swiggy is led by Sriharsha Majety. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Blinkit founded vs Swiggy?
Blinkit was founded in 2013 — 1 year before Swiggy, which was founded in 2014. Blinkit's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Swiggy.
How many employees does Blinkit have compared to Swiggy?
Swiggy employs approximately 6,000 people. A verified employee count for Blinkit is not currently available.
Where are Blinkit and Swiggy headquartered?
Both Blinkit and Swiggy are headquartered in India, meaning they operate under the same primary regulatory and tax environment.
Who founded Blinkit and Swiggy?
Blinkit was founded by Albinder Dhindsa, Saurabh Kumar. Swiggy was founded by Sriharsha Majety, Nandan Reddy, Rahul Jaimini.
Which company has a longer operating history — Blinkit or Swiggy?
Blinkit has been operating for approximately 13 years, making it the more established of the two companies. Swiggy has been in operation for around 12 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 Swiggy overview