Zepto files updated DRHP as quick commerce trio races to scale India's $83B market
Zepto, Blinkit and Instamart accelerate dark store expansion ahead of a projected $60-83B 2030 opportunity. Blinkit leads on revenue (Rs 37,779 cr, +625%) and narrowest loss (Rs 277 cr), while Zepto tops store productivity at 2,140 orders/day per dark store but carries a Rs 5,041 cr EBITDA loss.
Zepto files updated DRHP for IPO as India's quick commerce race intensifies. Blinkit leads in revenue and profitability while Zepto tops store productivity. All three plan aggressive dark store expansion in an $83B market opportunity by 2030.
Why this matters
Zepto's updated DRHP follows IPO momentum where its listing hinges on FDI compliance, while it expands assortment with launches like Dabur Gluco Plus C amid the three-way quick commerce race.
Retail-company signals are accelerating, up 424000% QoQ.