Zomato to Nykaa: 4 retail-tech stocks in focus as India retail heads to Rs 215 trillion by 2035
A BCG-RAI report projects India's retail market to roughly double to Rs 210-215 trillion by 2035 from Rs 90-95 trillion in 2025. The piece audits four enablers—Eternal (Zomato), Nykaa, Delhivery and IndiaMART—with Eternal posting Q3 FY26 revenue of Rs 16,315 crore, up 201.9% YoY, and quick commerce nearing breakeven.
BCG-RAI report projects India's retail market to hit Rs 215 trillion by 2035. Article audits four retail-tech enablers—Zomato (Eternal), Nykaa, Delhivery, IndiaMART—with Eternal posting strong Q3 FY26 growth and quick commerce breakeven.