Instamart's share among top quick commerce players collapses from 34% to 21% in two years
Zepto's UDRHP shows Swiggy Instamart's order share among the top three q-comm players fell from 34.3% in FY24 to 20.9% in FY26. Blinkit (916.6M orders) and Zepto (640.2M) outpaced Instamart's 412.2M, while Instamart posted an EBITDA loss of Rs 3,511 cr on revenue of just Rs 3,859 cr.
Zepto's UDRHP reveals Swiggy Instamart's share of orders among top three quick commerce players fell from 34.3% in FY24 to 20.9% in FY26, as Blinkit and Zepto captured most incremental demand and widened their lead.