Zepto, Blinkit, Instamart race to scale India's $83B quick commerce market as Zepto files updated DRHP
Blinkit leads on revenue (Rs 37,779 crore, +625%) and dark store network (2,243), while Zepto tops order intensity at 2,140 orders/day/store but posts the largest EBITDA loss at Rs 5,041 crore. Sector targets $60-83 billion GMV by 2030, up 5-7x from $11.3 billion in 2025.
India's quick commerce race intensifies as Zepto files updated DRHP for IPO. Blinkit leads on revenue and network scale; Zepto tops order intensity but posts largest EBITDA loss, targeting a $60-83 billion market by 2030.
Why this matters
Zepto's updated DRHP follows its earlier filing and CEO's rebuttal of Zomato's cash-burn claims, sharpening the productivity-vs-revenue contrast with Blinkit and Instamart in the quick commerce race.
Retail-company signals accelerating, up 605300% QoQ.