India’s e-retail GMV reached $65–66 billion in 2025 as growth reaccelerated, report resurfaces
A Bain & Company and Flipkart report, resurfacing a late-2025 estimate, found India’s e-retail market grew 19–21% in 2025 to $65–66 billion. Quick commerce contributed 16–17% of e-commerce GMV, underscoring its growing role as India’s wider retail market heads toward a projected $1.6 trillion by 2030.
Bain and Flipkart estimate India’s e-retail GMV reached $65–66 billion in 2025, growing 19–21%. Quick commerce accounted for 16–17% of e-commerce GMV, while offline infrastructure remains pivotal as India’s broader retail market targets $1.6 trillion by 2030.
Why this matters
The estimate adds market-scale context to Flipkart Minutes’ quick-commerce competition and follows Flipkart’s cut in its Shadowfax stake. It also echoes the resurfaced 2018 Walmart deal’s framing of India’s retail FDI potential.
retail-company is accelerating, up +397467% QoQ.