Indian consumer platforms hit nation-scale user bases as UPI and smartphones drive adoption
PhonePe crosses 700M registrations, Paytm 540M and Flipkart 450M as digital-first commerce scales. Meesho (120M MAU), ShareChat (350M MAU), Zomato and Swiggy also report rapid growth, signalling deep consumer internet penetration across e-commerce and quick-commerce.
Indian consumer internet platforms report massive user bases: PhonePe crossed 700M registrations, Paytm 540M, Flipkart 450M. E-commerce and quick-commerce players Meesho, Zomato, and Swiggy also scale rapidly, driven by UPI and smartphone penetration.