Zepto files updated DRHP as Blinkit leads India's $83B quick commerce race on revenue and scale
Blinkit tops the sector with Rs 37,779 crore revenue (+625%) and the smallest loss (Rs 277 crore) across 2,243 dark stores. Zepto leads store productivity at 2,140 orders/day but carries the heaviest EBITDA loss of Rs 5,041 crore, backing an Rs 1,629 crore expansion plan through FY30 ahead of its IPO.
Zepto files updated DRHP ahead of IPO amid India's quick commerce race. Blinkit leads on revenue and largest dark-store network with smallest loss; Zepto tops store productivity but posts heaviest EBITDA loss, planning Rs 1,629 crore expansion.
Why this matters
Zepto's updated DRHP follows reports of a sub-$7 billion IPO and the ongoing three-way race with Blinkit and Instamart to scale India's $83B quick-commerce market.
Retail-company signals are accelerating, up 889500% QoQ.