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India's quick commerce has room for 7-8 players: Blinkit CEO

Inshorts · 6m ago

India's quick commerce has room for 7-8 players: Blinkit CEO

Albinder Dhindsa, the CEO of Zomato-owned Blinkit, said India's quick commerce space has room for seven to eight players in the short term. More specialised and sector-focused players will likely emerge over time, he told CNBC-TV18 at WEF 2025. He further stated that Blinkit won't engage in price wars as they are unsustainable.

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Related News

Blinkit expands to Jammu. Here's where it will deliver

YourStory

YourStory · 7m ago

Blinkit expands to Jammu. Here's where it will deliver

Blinkit, a quick commerce platform, has launched operations in Jammu, with three stores now serving areas like Trikuta Nagar and Roop Nagar. Founder and CEO Albinder Dhinsa expressed enthusiasm about bringing quick delivery to these regions. This expansion comes amid growing competition among quick commerce players including Zepto and Swiggy Instamart. Blinkit recently appointed Vipin Kapooria as CFO to bolster financial operations. India's quick commerce market is valued at $3.34 billion, with substantial growth potential.

India's quick-commerce sector made two-thirds of all 2024 e-grocery orders, report says

VCCircle

VCCircle · 4m ago

India's quick-commerce sector made two-thirds of all 2024 e-grocery orders, report says

India's quick-commerce sector dominated e-grocery orders in 2024, capturing two-thirds of the market and growing to $6-7 billion, according to a Bain and Flipkart report. Key players like Blinkit helped the sector account for a tenth of overall e-retail spending. Expected to grow 40% annually until 2030, the sector faces profitability challenges and competition from larger e-commerce entities. Industry experts remain skeptical, with some predicting the current growth surge may be short-lived.

India’s Quick Commerce Race: Blinkit on top after 2023; Can rivals catch up?

Inc42 · 1y ago

India’s Quick Commerce Race: Blinkit on top after 2023; Can rivals catch up?

The article discusses the challenges and prospects of quick commerce (q-commerce) in India, with a focus on the performance of Blinkit (formerly Grofers) in the sector. While the popularity of rapid grocery delivery surged during the pandemic, sustaining profitability and customer loyalty has proven challenging for many q-commerce players. Blinkit has emerged as a leading player in terms of customer service and app downloads. Other major players, such as Dunzo and Zepto, have faced financial difficulties and increasing losses. The article explores the future prospects and potential growth of the quick commerce market in India.

Flipkart's q-commerce entry weeks away, will take on Zepto, Blinkit, Instamart

Livemint

Livemint · 1y ago

Flipkart's q-commerce entry weeks away, will take on Zepto, Blinkit, Instamart

Flipkart, backed by Walmart, is set to enter the quick commerce market in India's top metro cities within a few weeks. The company plans to leverage its wide product range, understanding of consumer shopping habits, and strong platform to compete with players like Swiggy Instamart and Zomato's Blinkit. Analysts project a strong demand for quick commerce among urban users, with an average order value of ₹450-600 ($6-8) and a wide range of product categories. Flipkart aims to build a robust supply chain and cater to customer needs in a short span of time, while also exploring partnerships with small mom-n-pop stores.

Flipkart Rolls Out INR 3 Platform Fee

Inc42 · 11m ago

Flipkart Rolls Out INR 3 Platform Fee

Flipkart has implemented a platform fee of INR 5 for its quick commerce service, Flipkart Minutes. This fee brings Flipkart in line with other similar quick commerce players like Swiggy's Instamart and Zomato's Blinkit. However, the fee does not apply to Flipkart Grocery or Cleartrip, the company's travel vertical.

Flipkart sets sight on quick commerce ops expansion

Economic Times

Economic Times · 8m ago

Flipkart sets sight on quick commerce ops expansion

Walmart-owned Flipkart is planning to expand its quick commerce operations, responding to growing demand for faster deliveries. The ecommerce giant is piloting its quick commerce service, called 'Minutes', in cities like Bengaluru, Mumbai, and Delhi NCR. Flipkart is aiming to compete with popular delivery platforms such as Blinkit, Swiggy Instamart, Zepto, and BigBasket. The quick commerce market is expected to reach $40 billion by 2030. Flipkart's chief corporate affairs officer, Rajneesh Kumar, highlighted the potential of India's ecommerce market, which currently accounts for only 7% of the total retail market in the country.

BigBasket set to fully play in quick commerce league

Economic Times

Economic Times · 11m ago

BigBasket set to fully play in quick commerce league

BigBasket, India's largest e-grocer, plans to transition into a full-scale quick commerce platform to meet the rising demand for rapid deliveries. The company's BB Now, which currently offers 10-30 minute delivery service, will exclusively focus on quick deliveries starting next month. BigBasket aims to generate $1 billion of its $1.5 billion sales target for the year through quick commerce. By adopting multiple dark stores and large warehouses, the company plans to address demand by carrying a wide range of grocery and non-grocery items. Other players in the quick commerce space include Blinkit, Zepto, and Swiggy Instamart.

Flipkart's quick commerce service 'Minutes' goes live in Bengaluru

Economic Times

Economic Times · 1y ago

Flipkart's quick commerce service 'Minutes' goes live in Bengaluru

Flipkart, owned by Walmart, has launched a quick commerce service called Minutes. Available in select areas of Bengaluru, the service delivers groceries, electronics, smartphones, and other products within 8-16 minutes. This move marks Flipkart's entry into the quick commerce space, competing with players like Swiggy's Instamart, Zomato's Blinkit, Zepto, and BigBasket's BB Now. Flipkart plans to stabilize the service in specific areas before scaling it up further. The launch comes as the ultra-fast delivery sector is expected to see intense competition during this year's festive season.

Capital won't decide winners in quick commerce: Swiggy’s Sriharsha Majety

Livemint

Livemint · 9m ago

Capital won't decide winners in quick commerce: Swiggy’s Sriharsha Majety

In a recent interview, the CEO of food delivery platform Swiggy, Sriharsha Majety, emphasized that the success of quick commerce platforms relies on customer experience, rather than capital. Swiggy is preparing for its upcoming initial public offering (IPO), and plans to allocate a portion of the IPO proceeds to its quick commerce arm, Instamart. Swiggy's competitors, including Zomato and Zepto, have also been focusing on ramping up their hyperlocal e-commerce and grocery delivery services. Despite the rising competition, Swiggy believes there is enough room for multiple players in these categories.

India's quick-commerce sector may struggle to maintain current growth, Blume Venture's report says

Economic Times

Economic Times · 5m ago

India's quick-commerce sector may struggle to maintain current growth, Blume Venture's report says

India's quick-commerce sector, which rapidly grew to a $7.1 billion market by 2025 from $300 million in 2022, may face growth challenges outside major cities amid intensifying competition from large e-commerce players like Flipkart and Amazon, according to Blume Ventures. While quick-commerce firms like Blinkit, Zepto, and Swiggy Instamart saw significant order value increases, they might soon encounter slowing user growth and regulatory scrutiny that could impact their profitability and influence the local grocery ecosystem.

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