Zepto files updated DRHP as quick-commerce trio races to scale India's $83B market
Blinkit leads on revenue (Rs 37,779 cr, up 625%) and dark stores (2,243), while Zepto tops order density but posts the sector's largest EBITDA loss of Rs 5,041 cr. India's q-comm GMV is projected to hit $60-83 billion by 2030 as the three players expand aggressively.
Zepto files updated DRHP for IPO amid intensifying quick-commerce competition. Blinkit leads on revenue and dark stores; Zepto tops order density but posts largest EBITDA loss. India q-comm GMV projected to hit $60-83 billion by 2030.
Why this matters
Zepto's updated DRHP continues its IPO push amid an intensifying three-way fight with Blinkit and Instamart, sharpening the battle for India's $83B quick-commerce market.
Retail-company signals accelerating, up 839100% QoQ.