India's D2C Enters 3.0 Era: GMV To Hit $310 Bn By 2031, Capturing 85% Of New Ecommerce Growth
Inc42 report flags a structural shift in India's D2C economy: $10 Bn raised across 1,400+ deals since 2015, with GMV projected to grow from $65 Bn to $310 Bn by 2031 at 37% CAGR. New playbook prioritises retention, quick commerce and micro-categories over blitzscaling.
Inc42 report says India's D2C sector has entered a 3.0 phase prioritising retention, quick commerce and micro-categories. D2C GMV projected to grow from $65 Bn to $310 Bn by 2031, capturing 85% of new ecommerce growth.