Four retail-tech stocks in focus as India's market races toward Rs 215 trillion by 2035

A BCG-RAI report projects India's retail market to nearly double to Rs 215 trillion by 2035 from Rs 90-95 trillion in 2025. Enablers Eternal (Zomato), Nykaa, Delhivery and IndiaMART are flagged as beneficiaries, with Eternal posting revenue of Rs 16,315 crore (+201.9% YoY) and quick commerce nearing breakeven.

— Filed Mon, 6 Jul, 2026, 05:32 IST · Source Financial Express · BrandWagon · Updated

BCG-RAI report projects India's retail market to hit Rs 215 trillion by 2035. Analysis highlights four retail-tech enablers—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—with Eternal posting strong Q3 FY26 growth and quick commerce reaching breakeven.

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