Zepto DRHP maps India's $83B quick commerce race: Blinkit leads revenue, Zepto tops store productivity
Zepto's updated DRHP projects India's $11.3B quick commerce market hitting $60-83B by 2030. Blinkit leads on scale with Rs 37,779 cr revenue (+625%) and 2,243 dark stores, while Zepto claims productivity lead at 2,140 orders/day/store. All three burn cash: Zepto EBITDA loss Rs 5,041 cr, Instamart Rs 3,511 cr, Blinkit Rs 277 cr.
Zepto's updated DRHP frames India's quick commerce race, projecting the $11.3B market to reach $60-83B by 2030. Blinkit leads on revenue and store count, Zepto on productivity; all three post heavy EBITDA losses amid aggressive expansion spending.
Why this matters
Zepto's updated DRHP deepens its IPO push amid intensifying rivalry with Blinkit and Instamart, following its earlier filing and product moves like Smart Product Swap to cut cancelled orders.
Retail-company signals accelerating at +572300% QoQ.