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Mon, December 23, 2024
Pakistan
Business Now

India’s Zomato, Swiggy, Blinkit, and Zepto Reach Rs 35,000 Crore Revenue Mark

Source: Wikipedia/Medium

According to Rainmatter’s Dilip Kumar, India’s quick commerce and food delivery platforms Swiggy, Zomato, Blinkit, and Zepto collectively generated a remarkable revenue of Rs 35,000 crore last year. That’s equivalent to Rs 115,000 crore in Pakistani currency, underscoring the scale of India’s booming startup scene, where founders are turning into billionaires.

Kumar, an investor with Zerodha-backed Rainmatter, pointed out that the industry has been built on our increasing desire for convenience, from food delivery to 10-minute essentials. In a recent post on X, he remarked, “That’s the industry we created by not cooking our own food at home and the desire for 10-minute delivery.”

With a growing market for quick convenience, Kumar also expressed concerns about its impact on health, noting that the “next generation will have to really work hard to stay healthy.” His personal journey from being overweight to an endurance athlete has made him a vocal advocate of health and wellness.

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The rapid growth and innovation within India’s startup ecosystem have ignited discussions in Pakistan. Many are curious if Pakistan could see a similar surge in convenience-based startups, especially considering the strong market potential for quick delivery services. As urban lifestyles continue to change, the demand for fast and reliable services may create significant growth opportunities in Pakistan’s startup landscape.

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