Blinkit CEO warns of sudden quick-commerce correction as funding tightens
Albinder Dhindsa flags an unsustainable cash-burn model across India's quick-commerce sector, predicting consolidation, sharper category bets, rational discounting and convergence with conventional e-commerce as investor patience thins.
Blinkit CEO Albinder Dhindsa warns India's quick-commerce sector faces a sudden correction as funding tightens and cash-burn growth proves unsustainable. He expects consolidation, sharper category choices, rational discounting, and convergence with conventional e-commerce.