MAM
Ketan K Bharati joins The House of Abhinandan Lodha to lead media
MUMBAI: Ketan K Bharati, the marketing maverick who has shaped campaigns across telecom, FMCG, tech, and media giants, has now planted his flag at The House of Abhinandan Lodha (HoABL) as head – media strategy & performance marketing.
With a career spanning nearly two decades and marquee brands like Truecaller, Reckitt, Vodafone, Disney Star, and GroupM in his rearview mirror, Bharati’s next chapter promises to blend data muscle, storytelling flair, and go-to-market wizardry for one of India’s most ambitious real estate disruptors.
Bharati, was most recently VP – global marketing ops at Truecaller, where he steered GTM rollouts, global launches, and even lit up Times Square.
Backed by stints managing Rs 500 crore media portfolios, landing Gold at Spikes Asia, and anchoring revenue surges at Fox International and Reckitt, Bharati is no stranger to performance-led growth. His Vodafone days saw him turn cricket carnivals into brand goldmines with the IPL and World Cup. At GroupM, he cracked efficiency gains for brands like Dove and PepsiCo with data-first media buying.
At HoABL, he’s expected to fuse full-funnel performance with digital-first thinking, supporting the brand’s audacious land-tokenisation push and national expansion.
In a world where land is being reimagined as a lifestyle asset, HoABL’s latest hire signals it’s not just playing the game. It’s rewriting the script.
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.
