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Blinkit Appoints Former Flipkart Executive as CFO
Blinkit, the quick-commerce arm of Zomato, has appointed Vipin Kapooria as its new Chief Financial Officer (CFO). Kapooria brings a wealth of experience from his previous role as Vice President and Business Finance Head at Flipkart, where he played a crucial role in financial strategy and operations.
Context of the Appointment
Kapooria’s appointment comes at a pivotal time for Blinkit, especially following a series of high-profile departures within the company. Hemal Jain, who was overseeing finance operations for both Zomato and Blinkit, recently resigned. Prior to that, Amit Sachdeva, Blinkit’s former CFO, left to join PhysicsWallah as CFO. Kapooria’s arrival marks the first time Blinkit has had a full-time designated CFO in nearly two years, emphasizing the company’s commitment to strengthening its leadership team.
Key Qualifications
Vipin Kapooria is a chartered accountant with over 16 years of experience in financial management. His extensive background includes significant tenures at major firms:
- Flipkart: As Vice President and Business Finance Head, Kapooria was instrumental in driving financial performance and strategic initiatives.
- OYO and Yum! Restaurants: His roles at these companies further solidified his expertise in managing complex financial operations within fast-paced environments.
Strategic Importance of the Role
Kapooria’s appointment is significant as it fills a crucial role at Blinkit during a time when the quick-commerce sector is becoming increasingly competitive. His experience at Flipkart is expected to be invaluable in navigating the challenges and opportunities within this rapidly evolving industry.
Industry Landscape
The quick-commerce market has seen explosive growth, with companies like Blinkit expanding their offerings to compete more effectively against rivals such as Zepto and Swiggy’s Instacafe/Bolt. Recently, Blinkit launched a standalone app called Bistro, aimed at providing 10-minute food deliveries, which reflects its strategy to enhance service speed and customer satisfaction.
Conclusion
Vipin Kapooria’s appointment as CFO of Blinkit signifies a strategic move to bolster the company’s financial leadership amid a dynamic market landscape. With his extensive experience in e-commerce and finance, Kapooria is well-positioned to guide Blinkit through its next phase of growth and innovation in the competitive quick-commerce sector. As Blinkit continues to expand its services and enhance operational efficiency, Kapooria’s leadership will be critical in achieving these objectives.
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
The Centre is weighing the option of revoking X’s safe harbour status in India after its AI chatbot Grok was allegedly misused to generate and circulate obscene and sexually explicit content, including material seemingly involving minors. The IT Ministry has already issued a notice to X, directing the platform to remove unlawful content, fix Grok’s safeguards, act against violators, and submit a detailed compliance report within a tight deadline. If the government finds X’s response inadequate, it could argue that the platform has failed to meet due‑diligence standards under Indian law, opening the door to harsher action.
Under Section 79 of the IT Act, safe harbour protects intermediaries like X from being held directly liable for user‑generated content, provided they follow due‑diligence rules and promptly act on legal takedown orders. Revoking this protection would mean X and its officers could be exposed to criminal and civil liability for obscene, unlawful, or harmful content that remains on the platform, including AI‑generated images from Grok. This prospect significantly raises X’s compliance risk in India and could force tighter moderation, stricter AI controls, and more aggressive removal of flagged posts.
The Grok episode also spotlights the regulatory grey zone around generative AI, where tools can create harmful content at scale even without traditional user uploads. Policymakers are increasingly questioning whether AI outputs should still enjoy the same intermediary protections as conventional user posts, especially when they involve women and children. How the government ultimately proceeds against X over Grok misuse could set a precedent for AI accountability, platform responsibility, and safe harbour interpretation in India’s fast‑evolving digital ecosystem.
Home services startup Pronto is in advanced talks to raise about $25 million at a near-$100 million valuation, underscoring strong investor confidence in India’s fast-growing 10-minute home services market. This potential round would be the company’s third major funding milestone after its $2 million seed and $11 million Series A in 2025, backed by marquee investors such as General Catalyst, Glade Brook Capital, Bain Capital and new participant Epiq Capital. The fresh capital is expected to further strengthen Pronto’s positioning as a leading tech-led household help platform for urban consumers.
Pronto operates a 10-minute on-demand home-services platform that connects users with trained, background-verified workers for everyday tasks like sweeping, mopping, utensil cleaning, laundry and basic cooking. Using a hub-and-spoke, shift-based model, the startup stations workers at hyperlocal hubs, enabling sub-10-minute fulfilment and more predictable earnings compared to the informal domestic-help market. Founded in 2024 by Anjali Sardana and based in Delhi NCR, Pronto has already expanded from Gurugram into major cities such as New Delhi, Mumbai, Bengaluru and Pune, and is handling around 6,000 daily bookings with nearly 1,300 active professionals as of December 2025.
The upcoming $25 million fundraise is expected to be used to enter more metros, deepen presence in existing neighbourhoods with additional hubs and upgrade Pronto’s technology for smarter routing, shift planning and real-time operations. A significant portion of the capital will also go into training, retention and benefits for its workforce to maintain consistent service quality at scale, especially as competition heats up from rivals like Snabbit and Urban Company in the rapid home services space. This near-$100 million valuation not only validates Pronto’s model but also highlights a broader shift toward organised, tech-driven domestic-help solutions in India’s largely informal home-services market.
Dazzl Raises $3.2M Seed Funding Led by OYO’s Ritesh Agarwal for AI Skincare Expansion
D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes
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