Zepto files updated DRHP as Blinkit pulls ahead in India's $83B quick commerce race

Blinkit leads on revenue (Rs 37,779 crore, +625%) and profitability with a narrow Rs 277 crore loss and 2,243 dark stores. Zepto tops store productivity but posts a Rs 5,041 crore EBITDA loss on Rs 22,623 crore revenue. Instamart trails at Rs 3,859 crore. Market seen hitting $83B by 2030.

— Filed Wed, 8 Jul, 2026, 06:30 IST · Source Financial Express · BrandWagon · Updated

Zepto files updated DRHP for IPO amid India's $83B quick commerce race. Comparison shows Blinkit leads on revenue (Rs 37,779 crore) and profitability, while Zepto tops store productivity but posts a Rs 5,041 crore EBITDA loss.

Why this matters

Zepto's updated DRHP follows its earlier filing that sharpened the three-way fight with Blinkit and Instamart, and lands amid a wider H2 IPO revival featuring Razorpay and Oyo.

retail-company theme accelerating, up 641800% QoQ