Eternal, Nykaa and Delhivery gain as India retail market targets ₹215 trillion by 2035
Retail-tech firms reported Q3 FY26 growth as India’s retail market is projected to more than double from ₹90–95 trillion in 2025. Eternal added 200-plus net stores and reached quick-commerce breakeven, while Nykaa expanded to 276 stores across 94 cities.
India’s retail market could reach Rs 210-215 trillion by 2035, supporting retail-tech demand. Eternal, Nykaa and Delhivery reported Q3 FY26 growth, while Eternal expanded quick commerce and Nykaa increased its store network and rapid-delivery offering.
Why this matters
The move extends attention from reports of Eternal’s 202% Q3 FY26 revenue growth and improving quick-commerce margins, alongside forecasts that India’s retail market could reach ₹210–215 trillion by 2035.
retail-company is accelerating, up +976700% QoQ.