Zepto files updated DRHP as India's $83B quick commerce race intensifies against Blinkit, Instamart
Zepto plans a Rs 1,629 cr dark store expansion (FY27-30) as it chases listed rivals in a market projected to hit $60-83B by 2030. Blinkit leads on revenue (Rs 37,779 cr, +625%) with the smallest EBITDA loss (Rs 277 cr), while Zepto (Rs 22,623 cr rev) and Instamart carry deeper losses of Rs 5,041 cr and Rs 3,511 cr.
Zepto files updated DRHP for IPO as India's quick commerce race intensifies against listed rivals Blinkit and Instamart. Market projected to hit $60-83B by 2030; Zepto plans Rs 1,629 cr dark store expansion amid heavy losses.
Why this matters
Zepto's DRHP update follows its IPO buildup that prompted Spark Capital caution on Zomato and Swiggy, alongside operational moves like Smart Product Swap to cut cancelled grocery orders.
Retail-company signals accelerating at +572200% QoQ.