🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Akshat kumar Jain

Front end developmen... • 5m

Have you noticed ads on Zepto, Blinkit, or other quick commerce platforms lately? Quick commerce is no longer just about fast deliveries—it’s quietly becoming a goldmine for advertisers. The Rise of Quick Commerce Ads Zepto's bold move: Zepto recently launched its upgraded ads platform, Jarvis, aiming for ₹1,000 crore in ad revenue by FY24-25. And it’s not just about the numbers—ads are shaping up to be the secret ingredient in their profitability recipe. Blinkit’s massive leap: Blinkit raked in ₹400 crore from ads in FY23-24—a whopping 4x growth from the previous year! Their FY24-25 target? ₹1,000 crore. For context, Blinkit’s Gross Order Value (GOV) in FY23-24 was ₹12,500 crore, meaning ads already contribute ~3.5% of GOV. Zepto leads the pack in ad spending among quick commerce players, pouring ₹215.82 crore into marketing in 2023. Blinkit, in comparison, focused on scaling its operations through a network of hyperlocal fulfillment centers.

3 replies5 likes
Replies (3)

More like this

Recommendations from Medial

Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 3m

Monthly Active Users of Quick Commerce • Blinkit - 4.3 Crore • Zepto - 3.9 Crore Quick Commerce Platforms in India are Burning Nearly ₹1300-₹1500 Crore Every Month

9 replies26 likes
1
Image Description
Image Description

ROSTOZON

Stay with Community • 5m

Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ₹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-

See More
5 replies12 likes
1
Image Description

Kimiko

Startups | AI | info... • 7d

India’s Quick Commerce Race: Blinkit vs Swiggy Instamart vs Zepto

2 replies12 likes

Ashish Singh

Finding my self 😶‍�... • 4m

🤯Founders with Highest salary in India. --⭐Supam Maheshwari (FirstCry) received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23. --⭐Nithin Kamath (Zerodha) Co-founder of the broker

See More
0 replies12 likes
2
Image Description
Image Description

Harsh lambhate

We are just human • 9m

I want to start quick commerce company like - zepto & Blinkit How can I start ?

5 replies7 likes
1
Image Description

Shivam Gupta

Business Finance And... • 1m

What is the future of quick commerce company - zepto Swiggy Instamart blinkit bigbasket and many more.

1 replies18 likes
Image Description
Image Description

Sarthak

npc • 1y

Move aside Blinkit, Zepto and other quick-commerce services, its China's turn to shine again. Source- Mint

7 replies10 likes

vishakha Jangir

 • 

Set2Score • 21h

𝗕𝗼𝗮𝘁 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀: 📍Financial Performance Overview. : Revenue: ₹3,122 crore in FY24, a 5% decline from ₹3,285 crore in FY23. Net Loss: Reduced by 47% to ₹53.5 crore in FY24 from ₹101 crore in FY23. EBIT

See More
0 replies12 likes
1
Image Description
Image Description

Rohit Patidar

Founder of Infinito ... • 5m

Zepto vs. Blinkit: Who Will Win the Quick Commerce Race? Hey everyone, Quick commerce is booming, and Zepto has been making waves with its 10-minute delivery promise. Blinkit, on the other hand, is already a big player in this space. What do you th

See More
6 replies3 likes
1

Mridul Das

Introvert! • 3m

Lenskart is preparing for an IPO at a valuation of $10 billion 💵( ₹86,780 crore). ➡️ The company intends to file its Draft Red Herring Prospectus (DRHP) by May 2025, with the goal of listing on Indian stock exchanges before the end of the year. Th

See More
0 replies1 like
1

Download the medial app to read full posts, comements and news.