While dark store expansion seems to be moderating currently, analysts believe that with quick-commerce players' latest fundraising plans, competitive intensity in the industry may see a revival in the coming quarters
Swiggy, Zepto and Instamart follow Amazon’s quick commerce playbook via Amazon Now, which has already been offering zero miscellaneous charges to attract users in Bengaluru and Delhi-NCR.
Zepto CEO Aadit Palicha, in an interview with Moneycontrol, hit back saying Instamart burns more cash per order than Zepto, escalating the face-off between India’s top quick commerce rivals.
Zepto clocked 2 million, 2.4 million and 2.1 million orders per day from October 18-20. Swiggy's Instamart delivered 1.4 million, 1.6 million and 1.6 million orders each day during the period, making it the the third largest player behind Blinkit and Zepto on an orders per day (OPD) basis, sources told Moneycontrol. Blinkit was the market leader with over 3 million orders.
Analysts say competitive pressure in India’s quick commerce space has been rising for several quarters, and Zepto’s recent fundraise is set to sharpen it further as Blinkit doubles store count, Instamart leans on discounts, and Reliance, Flipkart and Amazon expand into new city tiers
The quick commerce platform is doubling down on store density in India’s biggest cities even as rivals Swiggy, Zepto, Flipkart and Amazon intensify the battle for faster deliveries.
The transaction to be executed at book value, with completion expected post-Q3 FY26, regulatory filings showed.
With most prime catchments in metros already taken, quick commerce firms are contending with soaring vacancy rates and high churn at dark stores, even as new vertical players crowd into the market.
These comments from the brokerage firm come at a time when Swiggy faces intensifying pressure on its balance sheet.
Traffic surged 5X while Tier 2 cities like Bathinda and Ludhiana emerged as surprise growth leaders
Instarmart CEO Amitesh Jha told Moneycontrol that Swiggy will run a Quick India Movement sale event later this month. It is likely to rival Amazon's Great Indian Festival and Flipkart's Big Billion Days signalling that the lines between e-commerce and quick commerce are blurring.
The service, currently live in Bangalore and expanding to metros including Mumbai and Delhi, appears as a tab within the main Swiggy app rather than a standalone application
In today’s episode of Tech3 by Moneycontrol, Apple doubles down on India with a massive office lease and a new retail store in Bengaluru. Ola Electric’s Bhavish Aggarwal says the company’s mojo is returning with homegrown cells and ferrite motors. Swiggy splits its finance function between food delivery and Instamart. Nasscom raises red flags on RBI’s draft forex compliance rules. And Agentic AI is helping India’s GCCs cut pilot timelines from months to just 90 days.
Once the move to a new model is completed, Swiggy’s organisational structure will be similar to that of Blinkit, its arch-rival. The two VPs of Finance will likely report to CFO Rahul Bothra, sources told Moneycontrol.
Jha says pressure remains high in quick commers as standalone rivals scale and ecommerce giants test waters, even as Swiggy shifts focus to deepening existing markets
The launch comes less than a month after Amazon entered Bengaluru Bengaluru, as the American e-commerce giant eyes a slice of India's $57-billion quick commerce opportunity
customers across 95 cities in India can order these phones on Instamart and have them delivered to their doorstep in minutes
Launched in 2022, the tool helped small businesses set up online stores without paying commissions
The flat-priced meals are now live in more than 175 cities, including Delhi, Bengaluru and Kolkata, the company said on July 1
Instamart's margins hit -18% as Swiggy ramps up investments, with the company targetting breakeven in the next 3–5 quarters, Prosus said.
The member-only service, which aims to deliver 'real quality in minutes, is now live, with operations limited to Bengaluru’s Sarjapur Road and Bellandur areas, for now
Jain will oversee end-to-end operations at Swiggy’s quick commerce business, including supply chain management, dark store operations, delivery experience, and network expansion.
Bloisi said India’s quick commerce market is still expanding with multiple players and highlighted Prosus’ support for Swiggy’s long-term growth.
The quick commerce boom is turning into a brutal endurance test, where rising losses clash with investor optimism.
Jain’s appointment comes amid rapid expansion at Swiggy Instamart and a string of senior-level exits at Flipkart.