Walmart-owned Flipkart, Amazon are squeezing India’s quick commerce startups
Business

Walmart-owned Flipkart, Amazon are squeezing India’s quick commerce startups

TechCrunch·2h ago·Neutral

What Happened

Flipkart has expanded to over 800 dark stores and plans to double that by end of 2026, competing with market leader Blinkit's 2,200 stores. Amazon operates 330-370 dark stores. India's quick commerce sector now has 6,000 dark stores total. Profitability remains concentrated in major cities. Flipkart is expanding into smaller towns, generating 25-30% of orders from non-metro areas. The sector faces intensifying competition and cost pressures.

Key Entities

FlipkartAmazonBlinkitSwiggyZeptoIndia quick commercedark storesUBSBernstein

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