Quick Commerce Bubble
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Blinkit CEO warns India’s quick commerce bubble may be close to bursting
BusinessLine· 2025-12-09 06:42
The head of India’s biggest quick commerce player says the sector is hurtling toward a shakeout as rivals’ cash dries up, but that his startup will thrive — and continue its expansion.A model that has so far relied on relentless fundraising is nearing its limits and companies will soon have to decide how long they can keep absorbing steep losses, Blinkit Chief Executive Officer Albinder Dhindsa said in an interview.Global investors including SoftBank Group Corp., Temasek Holdings Pte. and Middle Eastern sov ...