Quick-Commerce Boom: Orders Hit ₹64,000 Crore in FY25, Projecting ₹2 Lakh Crore by FY28

India’s quick-commerce platforms, including Blinkit and Instamart, recorded ₹64,000 crore in gross order value (GOV) in FY25, as per news reports. This is a rise from ₹30,000 crore in FY24. As per the Careedge report, the figure is expected to exceed ₹2 lakh crore by FY28.

Platforms collected ₹10,500 crore in fees during FY25, up from ₹450 crore in FY22. These revenues are projected to reach ₹34,500 crore by FY28. The increase is attributed to higher platform charges and growing transaction volumes.

Platform Take Rate Increases

The average platform take rate rose to 18% in FY25, compared to 7-9% in FY22. This refers to the percentage of transaction value retained by platforms as revenue. The increase reflects changes in pricing and service models.

Many platforms are now focusing on operational efficiency and revenue generation. They are investing in advertising, subscription models, private label offerings, and inventory optimisation. As per the report, the expansion is also extending into tier-2 and tier-3 cities.

Growth of Dark Stores

The number of dark stores used to fulfil quick-commerce orders increased by over 70% to 3,072 in FY25. Average revenue per store rose by 25% during the year, as per the report. These stores serve as the backbone for last-mile delivery.

Read more: India’s Quick Commerce Users Are Paying ₹50 Extra Per Order — Can This Model Scale Profitably?

India’s Consumer Base

In 2024, India recorded over 270 million online shoppers. The country became the second-largest e-retail market globally. E-commerce as a whole grew by 23.8% year-on-year. India has 1.12 billion mobile connections and 806 million internet users as of early 2025. Internet usage saw a 6.5% annual increase. Smartphone adoption continues to rise across both urban and rural regions.

Conclusion

Only 1% of India’s grocery demand currently comes from quick-commerce. However, rising digital access, disposable incomes, and changing consumption patterns suggest room for further growth in the coming years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.