Blinkit raises capital expenditure for long-term growth

Blinkit, a company that delivers groceries quickly, is spending more money to build bigger stores and better technology.

This is because they believe that investing in their infrastructure will help them grow in the long term.

They used to focus on giving discounts to attract customers, but they found that this leads to higher losses and customers leaving when the discounts stop.

Now, they are focusing on making their stores more efficient and adding more products.

This has helped them make a profit and improve their financial performance.

However, this strategy requires more capital expenditure, and the company is counting on higher volumes to achieve their financial goals.

Competitors are still using discounts, but Blinkit believes their approach will lead to sustainable growth.