Flipkart plans to strengthen its quick commerce play by expanding its brand Flipkart Minutes from 300 stores to around 800 by the end of 2025.
Flipkart's CEO, Kalyan Krishnamurthy, mentioned that the Indian market has a growing demand for short delivery timelines, convenient transactions, and a wide variety of products.
Competitors in the quick commerce market, such as Blinkit, Zepto, and Instamart, have been adding dark stores to their networks, intensifying the competition.
The quick commerce market in India is expected to reach a size of $9.95 Bn by 2029, with quick commerce accounting for over two-thirds of online grocery orders in 2024.