Zepto files updated DRHP as India's $83B quick commerce race sharpens
Blinkit leads on scale and profitability with FY26 revenue of Rs 37,779 crore (up 625%) and a narrow Rs 277 crore loss. Zepto tops store productivity but posts the steepest adjusted EBITDA loss at Rs 5,041 crore against Rs 22,623 crore revenue. Instamart trails on both. Market projected to hit $60-83 billion by 2030.
Zepto files updated DRHP toward IPO as India's quick commerce race intensifies. Blinkit leads on revenue and profitability; Zepto tops store productivity but posts steepest EBITDA losses. Market projected to reach $60-83 billion by 2030.
Why this matters
The updated DRHP continues Zepto's IPO push as it battles Blinkit and Instamart for share of India's $83B quick commerce market, where Blinkit currently leads on revenue and margins.
retail-company signals accelerating, up 842900% QoQ.