Q-comm order doubles, likely to touch ₹2L-cr by FY28

Platforms are also shifting focus from hypergrowth to revive profitability, leveraging advertising, subscriptions, private labels, and tech-led inventory optimisation

- PRESS TRUST OF INDIA

Indians ordered ₹64,000 crore of goods from quick-commerce platforms like Blinkit and Instamart in FY25, more than double from the previous fiscal year's ₹30,000 crore, a report said Thursday.

The gross order value (GOV) is estimated to grow more than three-times to touch ₹2 lakh crore by FY28, the report by one of the arms of domestic rating agency, Careedge Ratings, said.

The platforms pocketed revenue of ₹10,500 crore from fees in FY25, which was huge growth from ₹450 crore in FY22, the report said, adding that the revenues are expected to grow to 34,500 crore by FY28.