Zepto files updated DRHP as it battles Blinkit, Instamart in India's $83B quick commerce race
Blinkit leads on scale and profitability with FY26 revenue of Rs 37,779 crore and a slim Rs 277 crore loss. Zepto grows fast (Rs 22,623 crore, +103%) but posts a Rs 5,041 crore EBITDA loss while planning Rs 1,629 crore in dark-store investment through FY30 ahead of its IPO.
Zepto files updated DRHP for IPO amid intensifying quick commerce competition with Blinkit and Instamart. Blinkit leads on scale and profitability; Zepto grows fast but posts large EBITDA losses while planning heavy dark-store investment through FY30.