Zepto Files Updated DRHP as India's $83B Quick Commerce Race Intensifies vs Blinkit, Instamart
Zepto's IPO push sharpens a three-way battle for India's quick commerce market, projected to hit $60-83B by 2030. Blinkit leads on scale (2,243 stores, Rs 37,779 cr revenue) and near-breakeven EBITDA loss of Rs 277 cr, while Zepto posts the highest store productivity but deepest losses at Rs 5,041 cr.
Zepto files updated DRHP ahead of IPO, intensifying India's quick commerce race against listed rivals Blinkit and Instamart. Blinkit leads on scale and profitability; Zepto shows highest store productivity but deepest EBITDA losses in an $83B market opportunity.