Topic
quick commerce
FNP targets over Rs 1,400 crore revenue this fiscal as quick commerce and global expansion accelerate
Ferns N Petals (FNP) targets over Rs 1,400 crore revenue in FY27, up from Rs 1,005 crore in FY26, driven by rapid growth in quick commerce and international expansion into the UAE, Qatar, Saudi Arabia, Singapore, and planned entry into Malaysia, Bahrain, and Kuwait. The company is investing in dark stores, premium offerings, and technology to sustain profitability.
Swiggy Instamart CEO Amitesh Kumar Jha Resigns; Myntra's Nandita Sinha to Take Charge
Swiggy-owned quick commerce platform Instamart has a new CEO. Nandita Sinha will take over from August 3, succeeding Amitesh Kumar Jha who resigned to pursue external opportunities. Jha highlighted operational improvements in supply chain and unit economics during his tenure.
Reliance Retail Q1 Results: Quick-Commerce Spends Drag PAT 14% YoY to Rs 2,806 Crore; Revenue Rises 7%
Reliance Retail reported a 14% YoY drop in PAT to Rs 2,806 crore for Q1 FY27, as investments in quick-commerce weighed on earnings. Revenue grew 7% (or 11.6% adjusted for the Consumer Brands demerger), while EBITDA margin contracted 80 bps to 7.9%. Digital commerce average daily orders surged 116% YoY, and the store network expanded to 20,169 stores. The company outlined a 3-year plan to double operating EBITDA through scale, unit economics, and omni-channel growth.
Pin Code Wars: Quick Commerce Cos Add 900 Dark Stores in 3 Months, Intensifying Metro Battles
India's largest quick commerce operators added nearly 900 dark stores between April and July 2026, according to Bernstein. Blinkit, Flipkart Minutes, and Amazon Now led the expansion, but most new stores opened in already-served pin codes, intensifying competition in metro areas. The total dark store network grew to about 6,650-6,750, while metro pin code saturation rose from 26% to 44%.
E-Commerce & Marketplaces How quick commerce is silently eliminating India’s middlemen and benefitting horticulture farmers
Quick commerce platforms Blinkit and Zepto are partnering with Farmer Producer Organisations (FPOs) to bypass middlemen, enabling farmers to receive ₹2-2.50/kg more than local mandi rates. The model relies on direct procurement, a 'no profit no loss' approach, and return-to-vendor clauses to maintain quality.
Ecommerce Chiefs Evolve Into Full-Stack Strategists, FMCG and Retail Leaders Say at ETRetail Summit 2026
At the ETRetail Summit 2026, industry leaders from ITC, Zydus Wellness, Bajaj Consumer, IKEA India, and Campus highlighted that ecommerce roles have evolved from channel management to enterprise-wide strategy ownership, driven by supply chain agility, platform algorithms, and quick commerce growth.
Quick-Commerce Platforms See Summer Sales Surge, Driving Last-Mile Demand for Cold Chain and Tier-2/3 Expansion
A heatwave across India has driven a 140% year-on-year increase in ice cream sales on quick-commerce platforms, with beverages up 114% and face-care products up 96%. Platforms like Blinkit, Zepto, Swiggy Instamart, Amazon Now, and Flipkart Minutes are expanding into Tier-2 and Tier-3 cities, pressuring last-mile logistics to handle temperature-sensitive goods and higher delivery density.
Amazon and Flipkart Escalate Quick Commerce War in India with Major Expansion Plans
Amazon and Flipkart are aggressively scaling their quick commerce operations in India, with Amazon Now targeting 300+ cities and Flipkart Minutes already in 130+ cities. This intensifies competition for incumbents Blinkit, Swiggy, and Zepto, driving market share battles and discounting. Last-mile delivery networks and dark store expansion are at the core of the race.
Quick Commerce Founders Shift from Speed to Survival, Reshaping Last-Mile Logistics Priorities
Speaking at ETRetail's E-commerce & Digital Natives Summit 2026, founders of quick commerce companies including FirstClub, Swish, and Slikk argued that the industry has entered a tougher phase focused on execution and profitability rather than just delivery speed. This strategic shift has direct implications for last-mile logistics operators, as the emphasis moves from volume to sustainable unit economics.
Amazon chief Andy Jassy presses Quick-commerce pedal: Now to expand to 300+ cities
Amazon CEO Andy Jassy, on his first visit to India since 2021, announced Amazon Now will expand to over 300 cities from 15, backed by a fresh $300 million investment. The quick-commerce service has seen orders double every quarter since launch, positioning Amazon to challenge incumbents Blinkit, Zepto, Swiggy Instamart, and Flipkart Minutes.
Flipkart and Amazon Expand Fulfilment Centres to Compete in Quick Commerce
Flipkart and Amazon are rapidly expanding micro fulfilment centres to catch up in quick commerce. Flipkart now operates 1,000 centres with orders growing fivefold, while Amazon invests millions in urban fulfilment centres. Both leverage large customer bases to drive adoption.
Zepto IPO: Can 10-Minute Delivery Sustain Profitability Under Public-Market Scrutiny?
Zepto has filed its draft red herring prospectus for an IPO of up to Rs 80,100 million, revealing revenues of Rs 22,623 crore for FY26 but pre-tax losses of Rs 6,468 crore. The company leads peers on order density per dark store, yet faces declining average order values and negative operating cash flow.
Profitability Remains Key Concern as Zepto Lines Up IPO Amid High-Volume Pitch
Quick-commerce platform Zepto has updated its draft red herring prospectus for an IPO, highlighting rapid order growth but persistent losses. The company processed 210 million orders in Q1 FY26, nearly double Swiggy Instamart, but Blinkit leads with both order volume and profitability. Zepto's adjusted EBITDA loss stood at Rs 1,248 crore in the March quarter, while Blinkit posted a profit.
Technology Quick-commerce FirstClub doubles valuation to $255M in 9 months on quality-first grocery bet
FirstClub, an Indian quick-commerce startup focused on curated quality groceries, raised $55M in Series B funding co-led by Peak XV Partners and Sofina, doubling its valuation to $255M in nine months. The company plans to expand beyond Bengaluru and into new categories.
Zepto Files Updated DRHP for $1 Billion IPO, Targets July Listing at $10 Billion Valuation
Quick-commerce player Zepto on Monday filed its updated draft IPO papers with market regulator Sebi, moving closer to a public listing targeted in July. The startup seeks to raise up to Rs 8,010 crore through fresh shares, while existing investors including Nexus Venture Partners and Contrary will sell up to 11.3 crore shares in the offering. The total issue size is estimated at $1 billion, and the company is targeting a valuation of about $10 billion.