Zomato, Nykaa lead 4 retail-tech stocks in focus as India's market races toward Rs 215 trillion
A BCG-RAI report projects India's retail market to nearly double to Rs 210-215 trillion by 2035 from Rs 90-95 trillion in 2025. Q3 FY26 results put Eternal (Zomato), Nykaa, Delhivery and IndiaMART in focus, with Eternal posting revenue of Rs 16,315 crore (+201.9% YoY) and quick-commerce arm Blinkit reaching breakeven.
India's retail market projected to hit Rs 215 trillion by 2035 (BCG-RAI report). Analysis of four retail-tech stocks—Eternal/Zomato, Nykaa, Delhivery, IndiaMART—on Q3 FY26 results, with Eternal's quick commerce reaching breakeven.