Zepto, Blinkit, Instamart race to scale India's $83B quick commerce market as Zepto files IPO
Blinkit leads on revenue (Rs 37,779 cr, +625%) and near-profitability (loss Rs 277 cr), while Zepto (Rs 22,623 cr, +103%) posts highest store productivity but a Rs 5,041 cr EBITDA loss. Market projected to hit $60-83B by 2030 as Zepto files updated DRHP.
India's quick commerce race intensifies as Zepto files updated DRHP for IPO. Blinkit leads on revenue (Rs 37,779 cr) and profitability, while Zepto shows highest store productivity but heavy EBITDA losses. Market projected to hit $60-83B by 2030.
Why this matters
Extends the ongoing three-way contest between Zepto, Blinkit and Instamart for India's $83B quick-commerce market, now sharpened by Zepto's IPO filing.
Retail-company signals are accelerating, up 872900% QoQ.