Zepto, Blinkit, Instamart race to scale India's $83B quick commerce market
As Zepto files an updated DRHP for its market debut, India's quick commerce leaders are burning cash to grab share of a projected $83 billion market by 2030. Blinkit leads on revenue (Rs 37,779 crore FY26) with a slimmer EBITDA loss, while Zepto's Rs 22,623 crore revenue comes at a Rs 5,041 crore loss.
Comparison of India's quick commerce leaders Zepto, Blinkit and Instamart on GMV, revenue, dark stores and profitability, as Zepto files updated DRHP for a stock market debut in an $83 billion projected market.
Why this matters
Zepto's IPO push follows its move upmarket with the 'Select' premium storefront targeting affluent urban buyers, as it chases higher order values against Blinkit Gourmet and FirstClub while narrowing losses.
Retail-company signals are accelerating, up 788200% QoQ.