Blinkit CEO Warns India’s Quick Commerce Bubble May Be Close to Bursting

9984:JP,SWIGGY:IN,TMSK:SP,ETERNAL:IN,AMZN:US,WMT:US

emerging-markets,brics,chief-executive-officer,c-suite,cash-flow,startups,retail,government,ipos,consumer-discretionary,economics,telecommunication-services,cities

Sankalp Phartiyal

Anto Antony

Bloomberg Profile

Company Overview

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India’s Swiggy Plans $1.1 Billion Share Sale Next Week (1)

India Rapid-Commerce Startup Zepto’s Valuation Hits $7 Billion

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India’s biggest quick commerce player says the sector is headed toward a shakeout

Blinkit

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.

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