Zepto files updated DRHP as India's $83B quick commerce race intensifies with Blinkit, Instamart
Blinkit leads with Rs 37,779 crore FY26 revenue (up 625%) and a slim Rs 277 crore loss, while pre-IPO Zepto posts Rs 22,623 crore revenue (up 103%) against a Rs 5,041 crore EBITDA loss. Instamart trails at Rs 3,859 crore revenue. Zepto plans Rs 1,629 crore in dark store investment through FY30 to scale 1,139 stores and 47.97 million users.
Comparative analysis of India's three quick commerce leaders — Zepto (pre-IPO), Blinkit and Instamart — on GMV, dark store scale, revenue growth and EBITDA losses, as Zepto files updated DRHP for stock market debut.