Cash burn continues
Indians ordered ₹64,000 crore of goods from quick-commerce platforms like Blinkit and Instamart in FY25, a more than twofold jump from the previous fiscal, according to a report by domestic ratings firm Care Edge. Platforms pocketed revenue of ₹10,500 crore from fees in FY25 from about ₹450 crore in FY22, the report said, underscoring the explosive growth of the segment since the pandemic.
