Zepto files updated DRHP as it takes on listed rivals Blinkit and Instamart in India's $83B quick commerce race
Zepto's IPO push sharpens the three-way battle for India's quick commerce market, projected to hit $60-83B by 2030. Blinkit leads on revenue (Rs 37,779 cr FY26) and dark stores (2,243), while Zepto (Rs 22,623 cr revenue, 47.97M users) burns cash with an Rs 5,041 cr EBITDA loss and plans Rs 1,629 cr in expansion.
Zepto moves toward IPO with an updated DRHP, prompting comparison with listed rivals Blinkit and Instamart across revenue, dark-store networks, profitability and expansion plans in India's fast-growing $83B quick commerce market.
Why this matters
The updated DRHP builds on Zepto's earlier filing that exposed its productivity lead but profit lag against Blinkit and Instamart, sharpening the three-way battle for India's $83B quick commerce prize.
Retail-company signals accelerating at +774300% QoQ.