menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Quick Comm...
source image

Inc42

2w

read

130

img
dot

Image Credit: Inc42

Quick Commerce To Become $40 Bn Market By 2030: Swiggy CEO

  • Swiggy CEO Sriharsha Majety predicts the Indian quick commerce market to reach $30 Bn to $40 Bn in the next three to five years.
  • Majety expects a higher consolidation in the quick commerce sector and stated that the market may not support multiple players.
  • Swiggy's quick commerce arm, Instamart, aims for contribution margin breakeven between October 2025 and December 2025 by expanding dark stores.
  • Prosus India head hinted at upcoming IPOs of Indian companies including Meesho, Urban Company, PayU, and possibly Rapido, reflecting the maturing market.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app