Zepto plans 1,904 dark-store additions through FY30 as Blinkit targets 3,000 stores
Zepto’s IPO filing outlines nearly Rs 1,629 crore in dark-store investment and about Rs 1,735 crore in rent through FY30, escalating its race with Blinkit and Instamart for scale, store productivity and advertising-led profitability in India’s quick-commerce market.
Zepto’s updated IPO filing highlights an intensifying Indian quick-commerce race with Blinkit and Instamart. Zepto plans major dark-store additions through FY30, while Blinkit targets 3,000 stores by March 2027; productivity, advertising income and profitability remain key competitive metrics.
Why this matters
Zepto’s FY30 store plan adds operating detail to recent signals flagging its potential 2026 IPO, expected 2025 startup IPO pipeline and broader IPO watchlist alongside PhonePe and OYO.
Store-opening is steady, with 1,386 signals recorded in the past 90 days.