Zomato, Nykaa lead retail-tech pack as India's retail market eyes Rs 215 trillion by 2035
A BCG-RAI report projects India's retail market at Rs 215 trillion by 2035, spotlighting four tech enablers. Eternal (Zomato) posted Q3 FY26 revenue of Rs 16,315 crore, up 201.9% YoY; Nykaa revenue rose 27% to Rs 2,873 crore with net profit up 156%; Delhivery grew 18% to Rs 2,798 crore.
BCG-RAI report projects India's retail market at Rs 215 trillion by 2035. Analysis of four retail-tech enablers: Eternal (Zomato), Nykaa, Delhivery, IndiaMART, with strong Q3 FY26 earnings, quick commerce breakeven, and store expansions.