Blinkit Faces Intensifying Competition in India's Quick Commerce Market

Blinkit Faces Intensifying Competition in India's Quick Commerce Market
Zomato's Blinkit is ramping up its expansion in India's quick commerce sector, targeting 2,000 dark stores by December 2025. The company reported significant losses of 103 crore rupees ($11.9 million) as it aggressively added store locations and warehousing space. Analysts suggest the industry is in a 'land grab mode,' with rivals like Zepto and Flipkart also expanding rapidly. Despite the competitive pressures, Blinkit expects its investments to pay off, predicting over 100% growth through FY25 and FY26 as customer demand for quick deliveries rises.