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flag Blinkit, India's leading quick commerce platform, nearly achieved profitability but faces cash burn due to competition.

flag Blinkit, India's largest quick commerce platform, nearly broke even in the July-September quarter but faced increased cash burn due to competition. flag CEO Albinder Dhindsa emphasized that profitability is challenging in low-margin businesses and that focusing solely on market share isn't sustainable. flag Blinkit raised more capital to stay competitive, aiming to expand into smaller cities and new categories like beauty and durables while maintaining shared logistics.

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