Zepto, Blinkit, Instamart battle to scale India's $83 billion quick commerce market

Blinkit leads on revenue (Rs 37,779 cr FY26) and profitability with a slim Rs 277 cr loss, while Zepto tops store productivity at 2,140 orders/day but carries a Rs 5,041 cr EBITDA loss. Zepto nears IPO via updated DRHP as the market races toward $60-83 billion by 2030.

— Filed Tue, 7 Jul, 2026, 11:46 IST · Source Financial Express · BrandWagon · Updated

India's quick commerce race intensifies as Zepto nears IPO via updated DRHP, competing with Blinkit and Instamart. Blinkit leads on revenue and profitability; Zepto tops store productivity but posts heavy losses. Market projected to reach $60-83 billion by 2030.

Why this matters

Extends Zepto's IPO push after filing an updated DRHP and rebutting Zomato's cash-burn claims. The DRHP data shows Blinkit leading revenue while Zepto tops productivity in the $83B race.

Retail-company signals accelerating at +617200% QoQ.