Zepto's DRHP lays bare India's $83B quick commerce race: leads productivity, trails on profit
Zepto's updated IPO filing frames the three-way fight with Blinkit and Instamart. Blinkit leads on revenue (Rs 37,779 cr) and near-breakeven losses (Rs 277 cr), while Zepto tops store productivity at 2,140 orders/day but carries a Rs 5,041 cr EBITDA loss. Zepto plans Rs 1,629 cr dark-store expansion through FY30.
Zepto's updated DRHP frames India's quick commerce race with rivals Blinkit and Instamart. Blinkit leads on revenue and profitability; Zepto tops store productivity but posts heavy EBITDA losses while planning major dark store expansion investment ahead of its IPO.