Reported 1 day ago
A recent report by Blume Ventures indicates that India's quick-commerce sector, which has seen explosive growth in recent years, may face difficulties sustaining its momentum. While the market share has surged to $7.1 billion in fiscal 2025 from $300 million in 2022, limited expansion beyond major cities and increasing competition from established e-commerce giants such as Amazon and Flipkart could hinder future growth. Additionally, the sector's impact on the local grocery ecosystem and potential regulatory scrutiny poses further challenges.
Source: YAHOO