Zepto hits the brakes: just 110 dark stores added in FY26 vs 692 in FY25 as IPO looms
Zepto slowed dark store expansion to 110 additions in FY26 (vs 692 in FY25), ending at 1,139 stores as it conserves cash pre-IPO. Rs 2,970 crore net cash buys ~10 months runway against Rs 802 crore Q4 burn, while Blinkit (2,243) and Instamart (1,143) pull ahead on footprint.
Zepto slowed dark store expansion to just 110 additions in FY26 (vs 692 in FY25), totaling 1,139 stores, as it conserves cash ahead of IPO. Net cash of Rs 2,970 crore gives ~10 months runway versus larger reserves at Blinkit and Swiggy.
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- Entrackr — Same time