Is India’s Quick Commerce Bubble About to Burst? Blinkit CEO Warns Fundraising Model Is Hitting Its Limits

Is India’s quick commerce bubble about to burst? Blinkit CEO warns fundraising model is hitting its limits

India's quick commerce sector faces a major shakeout as startups like Swiggy and Blinkit struggle with profitability. Investors are cautious, with Swiggy preparing a $1.1 billion share sale, while competition intensifies amid rising cash burn and reliance on discounts to attract customers.

Blinkit CEO warns India’s quick commerce bubble may be close to bursting

Global investors including SoftBank Group Corp., Temasek Holdings Pte. and Middle Eastern sovereign funds have poured billions into the sector

Quick-Commerce Heading for Shakeout as Funding Model Fails, Warns Blinkit CEO

India’s quick-commerce industry is rapidly approaching a major reckoning as competitors struggle with unsustainable cash burn, according to Albinder Dhindsa, CEO of Blinkit. In an interview with Bloomberg News, Dhindsa asserted that the business model, heavily reliant on non-stop external fundraising, is nearing its breaking point, forcing companies to confront how long they can sustain mounting losses.  The quick-commerce sector, offering ultra…