E-Commerce & Quick Commerce

E-commerce in India reached USD 147 billion in 2024, growing at nearly 19% annually. Quick commerce (q-commerce)—ultrafast delivery under 10 minutes—is booming, reaching USD 6–7 billion in 2024 and capturing over two-thirds of online grocery orders, with projected growth of 75–100% per year.

Recent Developments

  • Amazon renewed its 2023 MoU with DGFT to boost e-commerce exports and build MSME capabilities in India.
  • Decathlon plans to invest US$11.48 million over 5 years.
  • Google is investing US$350 million in Flipkart as part of a US$1 billion round led by Walmart, supporting digital infrastructure and cloud services.
  • Zepto became India’s first unicorn of 2023 after raising ....
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Indian Economy