Eternal, Nykaa, Delhivery, IndiaMART: 4 retail-tech stocks riding India's Rs 215 trillion retail wave
A BCG-RAI report projects India's retail market nearly doubling to Rs 210-215 trillion by 2035 from Rs 90-95 trillion in 2025. Eternal (Zomato) leads the pack with Q3 FY26 revenue of Rs 16,315 crore, up 201.9% YoY, and net profit up 102.9% as quick commerce nears breakeven.
BCG-RAI report projects India's retail market hitting Rs 215 trillion by 2035. Piece profiles four retail-tech enablers—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—with Eternal's Q3 FY26 revenue up 201.9% and quick commerce reaching breakeven.