Prev- Founder & CEO ... • 1y
It took 2/3 years for quick commerce players to get to their first 2000 crore in revenue, and Big Basket took 5/6 years to reach there. Dmart took around 9/10 years to reach revenue of 2000 crore. Zepto & Blinkit are on their way to do 2x in revenue in FY24, Instamart by Swiggy should see some level of growth. If Big Basket and Dmart don't pivot - Quick commerce will grab their market share before they realise Few predictions I would love to make before I share my thoughts on this: 1. There will be only 2 brands who will be ruling this space, the other brands will get acquired or merged. Amazon and Flipkart will double down here, and we will probably get to see a similar acquisition like Flipkart :) 2. 5 years down the line, Quick commerce players should be making $ 5 billion in revenue 3. Quick commerce will be the new e-commerce in 1-2 years. I'm extremely bullish on quick commerce, it's a pure Delta 4 experience and we all know how consumers love to jump towards the next step of efficiency As per capita income and consumption increases, this will become more promising. Once the fashion category, gets into Quick Commerce it will be Christmas for everyone. I wrote a post on quick commerce in Dec 2021 - my prediction on how these co's will be D2C enablers, building a tech vertical and pushing into electronic categories turned out to be true :)
Prev- Founder & CEO ... • 1y
Zepto raised $665M, I think they'll raise a billion or more before they do their IPO In business, anything can be disrupted Quick commerce is very well positioned to steal the revenue of Dmart, big basket and e commerce players. A Few prediction
See MoreObserving Environmen... • 8m
Currently everybody in debate that Dmart is going to shutdown or Dmart is going to have no impact over rising Quick commerce. But few points which are definite, nobody can challenge them :- 1. Dmart will lose its future potential growth which it wa
See MoreHey I am on Medial • 1y
Let's Discuss Quick Commerce Market Of India?Guys,What do you think companies like Zepto, Blinkit and Swiggy Instagram Will be able to change retail market of India or able to destroy businesses of DMart , Reliance Smart etc ? By Providing 10 Minute
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