Zepto files DRHP as India's quick commerce race intensifies with Blinkit, Instamart
Zepto's updated DRHP sets up a three-way battle for India's $60-83B quick commerce market by 2030. Blinkit leads with 2,243 dark stores and Rs 37,779 cr FY26 revenue (+625%), versus Zepto's Rs 22,623 cr (+103%) and Instamart's Rs 3,859 cr (+81.2%). Zepto plans +1,904 stores by FY30 amid a Rs 5,041 cr EBITDA loss.
Zepto files updated DRHP ahead of IPO, sparking comparison with listed rivals Blinkit and Instamart on revenue, dark stores, users and losses across India's quick commerce market projected to reach $60-83B by 2030.