MAM
Free commercial time on Zee News and IBN7 for winners of special Amagi contest
MUMBAI A new contest has been launched for people who want to advertise on TV on the Dubsmash platform by the Amagi which claims to be the country’s largest TV ad network.
The winner of the ‘EK Lakh Ka Dubsmash’ contest will be awarded Free Commercial Time worth Rs One lakh on Zee News and IBN7. The winner will have the option to choose Free Commercial Time in one out of Delhi, Mumbai, Uttar Pradesh, Punjab, Gujarat, Bihar, Madhya Pradesh, rest-of-Maharashtra, West Bengal, Jammu & Kashmir, North East, Chhattisgarh, and Jharkhand.
The contest will accept submissions from 23 March to 13 April.
Contestants should download the Dubsmash app on a smartphone, create a Dubsmash video lip-syncing with Amagi’s ‘Bada Socho TV Socho’ commercial (which can be found in the Dubsmash library) and upload this video to YouTube.
The YouTube link needs to be shared on social channels across Facebook and Twitter using #BadaSochoTVSocho. On completion, contestants will have to fill out a form on the Amagi website and include a link to their YouTube video.
The winner will be determined by the highest number of YouTube views on their ‘Amagi Bada Socho TV Socho’ Dubsmash video.
The steps have been explained in the promo.
Brands
Eternal pumps Rs 450 crore into Blinkit as quick commerce race heats up
Fresh funds fuel Blinkit’s expansion as rivals Zepto and Instamart scale up
MUMBAI: Eternal has infused Rs 450 crore, into its quick commerce subsidiary Blinkit, marking its first capital injection into the company in 2026. The funding comes as competition in India’s fast-growing quick commerce market continues to intensify.
According to media reports, the capital infusion was approved by the board through a rights issue, with 2,799 equity shares allotted at an issue price of Rs 16,07,161 per share. The funds are expected to support Blinkit’s expansion, operational expenses and working capital needs as it scales operations across more cities.
The latest investment follows significant funding support from Eternal in 2025. The company invested Rs 500 crore in January, Rs 1,500 crore in February and Rs 600 crore in November, taking the total infusion last year to Rs 2,600 crore. The continued funding highlights Eternal’s focus on strengthening its quick commerce business.
Blinkit’s operations have grown rapidly alongside these investments. In the December quarter of FY25, the company reported revenue of Rs 1,399 crore, up from Rs 644 crore in the same period a year earlier. Gross order value also rose to Rs 7,798 crore during the quarter, reflecting strong demand for rapid delivery services.
However, profitability remains under pressure as the company continues to expand. Blinkit reported an adjusted ebitda loss of Rs 103 crore in the quarter, compared with a loss of Rs 8 crore in the previous quarter.
The funding comes at a time when competition in the quick commerce segment is increasing. Rival startup Zepto raised $450 million in October last year, while Swiggy raised around Rs 10,000 crore in December to strengthen investments in its quick commerce arm Instamart.
Earlier this year, Blinkit CEO Albinder Dhindsa was elevated to group CEO of Eternal, succeeding Deepinder Goyal, reflecting the growing strategic importance of the quick commerce business within the company.
