Zepto commits ₹1,629 crore to dark-store expansion as Blinkit leads India quick commerce
Zepto’s updated DRHP outlines ₹1,629 crore in dark-store expansion investment through FY30, plus ₹1,735 crore in planned rent. Blinkit remains ahead on FY26 revenue and store count, while Zepto and Instamart continue to spend heavily on growth in a market projected to reach $60–83 billion GMV by 2030.
Zepto’s updated DRHP highlights intensifying Indian quick-commerce competition with Blinkit and Instamart. Zepto plans Rs 1,629 crore of dark-store expansion through FY30, while Blinkit leads revenue and store count; all three remain loss-making amid aggressive customer acquisition and delivery investment.
Why this matters
Zepto’s dark-store plan follows recent signals placing it in India’s startup IPO watchlist alongside OYO and PhonePe, adding operating-expansion detail to its IPO-cycle narrative.
Retail-company signals are accelerating, up 1,058,700% QoQ.