The economics seem completely unviable. Don't think it can run without VC money making losses. With interest rates going up, the free money times are going to go away.
Some fifty odd workers at multiple locations that The Indian Express spoke to said that after experiencing the new payout structure, they realised that it will slash their daily income by 40-50 per cent.
'Since this store is being shuttered permanently, we are disabling all of your IDs. For any issue, you can raise a ticket on support,' Blinkit tells some protesting delivery workers
'We are experiencing higher demand than supply at the current moment and some customers will see higher than expected times for the next few days,' says a Blinkit spokesperson
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