Eternal, Nykaa lead 4 retail-tech stocks to watch as India's market nears Rs 215 trillion
BCG-RAI projects India's retail market to reach Rs 210-215 trillion by 2035 from Rs 90-95 trillion in 2025. Eternal (Zomato) posted Q3 FY26 revenue of Rs 16,315 crore, up 201.9% YoY, with net profit at Rs 102 crore and quick commerce nearing breakeven. Delhivery and IndiaMART round out the enabler set.
BCG-RAI report projects India's retail market to hit Rs 215 trillion by 2035. Analysis of four retail-tech enablers—Eternal, Nykaa, Delhivery, IndiaMART—via Q3 FY26 results; Eternal posts strong revenue growth with quick commerce reaching breakeven.