Blinkit, India's largest quick commerce platform, has received a cash infusion of Rs 1,500 crore from its parent company Zomato, as reported in a regulatory filing with the Registrar of Companies. The funding is part of Blinkit's strategy to aggressively expand its dark store presence amid increasing competition from rivals such as Swiggy Instamart, Zepto, and Flipkart Minutes. Additionally, Zomato has made a further investment of $172,000 in Blinkit. Following these developments, Zomato's stock surged approximately 1.68% after Bernstein designated it as a 'top pick,' projecting a 35% upside due to its leadership in quick commerce and potential for profit pool expansion.