Skyrocketing Revenue for Zepto: An Increase of 149% Reaches Rs 11,110 Crore in FY25
In the bustling Indian quick commerce market, the competition is heating up as companies jockey for position. According to JM Financial data reported in July 2025, Blinkit leads the pack with a 41% market share, followed closely by Swiggy Instamart at 27%, and Zepto holding a 26% share [1][3].
Recent developments have seen Blinkit and Swiggy Instamart expanding their market shares in Q1 FY26, with Blinkit's gross order value (GOV) growing over 25% quarter-on-quarter and Instamart's growing by 22% in the same period. This growth outpaced Zepto, whose momentum slowed due to efforts to control cash burn [2][5].
Despite this, Zepto has managed to show strong revenue growth in FY25, with a 149% increase to Rs 11,110 crore [1]. However, the company has recently experienced a slight reduction in user growth, leading to a slight market share reduction relative to its competitors [1][2].
Swiggy Instamart's revenue also rose significantly in FY25, reflecting the company's expansion efforts, including the launch of a standalone app and increased dark stores [1][5].
In a bid to strengthen its position, Zepto is finalizing a $500 million secondary funding round, led by Motilal Oswal. This investment will increase Zepto's valuation, which remains north of $5 billion [6]. Motilal Oswal Private Wealth is one of the investors in Zepto's extended funding round, alongside high-profile domestic investors such as Raamdeo Agrawal, Sachin Tendulkar, and Abhishek Bachchan [7].
Zepto's CEO, Aadit Palicha, claimed that the company had halved its Ebitda and operating cash burn [8]. The funds raised will help Zepto increase its Indian ownership ahead of a planned IPO next year.
Despite the recent market share shifts, Zepto's annualized gross order value is nearing $4 billion, a 300% growth over the past year [6]. The company serves millions of customers across over 100 cities and aims to continue its growth trajectory in the competitive quick commerce market.
[1] JM Financial reports Zepto's market share in the quick commerce segment. [2] Blinkit and Instamart have been expanding their market share in Q1 FY26, with Blinkit's gross order value (GOV) growing over 25% quarter-on-quarter and Instamart's growing by 22% in the same period. This growth outpaced Zepto, whose momentum slowed due to efforts to control cash burn. [3] As of mid-2025, in the Indian quick commerce market, Blinkit leads with a 41% market share, followed by Swiggy Instamart at 27%, and Zepto holds 26%. [5] Swiggy Instamart's revenue also rose significantly in FY25, reflecting expansion efforts including a standalone app and increased dark stores. [6] Zepto's valuation remains north of $5 billion with this investment. [7] Motilal Oswal Private Wealth is one of the investors in Zepto's extended $500 million secondary funding round, alongside high-profile domestic investors such as Raamdeo Agrawal, Sachin Tendulkar, and Abhishek Bachchan. [8] Zepto's CEO, Aadit Palicha, claimed that the company had halved its Ebitda and operating cash burn.
- Zepto, aiming to fortify its standing, is undergoing a $500 million secondary funding round, guided by Motilal Oswal.
- In the finance world, Zepto's valuation exceeds $5 billion following this latest investment round.
- The Indian quick commerce market, with companies like Blinkit, Swiggy Instamart, and Zepto, is seeing significant investment and growth in finance and business.
- The Defi landscape in the Indian market seems to be extending beyond the traditional financial sector, with investments like Zepto's $500 million funding round demonstrating this trend.
