Zepto files updated DRHP as India's $83B quick commerce race sharpens vs Blinkit, Instamart
Blinkit leads on scale (2,243 dark stores) and profitability (Rs 277 crore loss) while Zepto plans a Rs 1,629 crore dark store expansion through FY30. Eternal FY26 revenue hit Rs 37,779 crore (+625%); Zepto posted Rs 22,623 crore (+103%) but a Rs 5,041 crore EBITDA loss. Market projected at $60-83 billion by 2030.
Zepto files updated DRHP for IPO as India's quick commerce race intensifies against Blinkit and Instamart. Blinkit leads on scale and profitability; Zepto plans Rs 1,629 crore dark store expansion. Market projected to reach $60-83 billion by 2030.
Why this matters
Follows Zepto's earlier IPO DRHP filing amid the $83B quick commerce race with Blinkit and Instamart, as all three scale dark stores and push gourmet grocery to lift order values.
Retail-company signals accelerating, up 811,300% QoQ.