'When this kind of imbalance exists...': Blinkit CEO warns India’s quick commerce bubble may burst soon

Blinkit CEO Albinder Dhindsa has said India’s fast-growing quick-commerce sector may be approaching a reset as rising capital needs collide with shrinking investor appetite.

Albinder Dhindsa says India’s quick-commerce boom is nearing a shakeout

According to Bloomberg, global investors, including SoftBank Group Corp, Temasek Holdings Pte. and Middle Eastern sovereign funds, have invested billions into the space.

However,  quick-commerce ventures across the US, Europe and other parts of Asia have failed. 

Swiggy reported a consolidated net loss of Rs 1,092 crore in the second quarter of the financial year 2025–26, compared with a loss of Rs 626 crore a year earlier.

However, its revenue from operations was up 54.42 per cent year-on-year to Rs 5,561 crore during the quarter.

Eternal-owned Blinkit is preparing a $1.1 billion share sale barely a year after its $1.3 billion market debut at around the same IPO price.

Another player, Zepto, has raised $450 million ahead of its initial public offering next year.  

"Usually when this kind of imbalance exists, the correction is very swift," Dhindsa told Bloomberg News. "It often catches people by surprise."

Albinder Dhindsa-led Blinkit remains loss-making while continuing to invest and expand into new markets.

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