Quick Commerce War Chest: Blinkit, Swiggy, Zepto Hold Rs 40,000 Cr Cash

• India's top quick-commerce players (Blinkit, Swiggy, Zepto) collectively hold over Rs 40,000 crore in cash, despite burning nearly Rs 9,000 crore recently.
• The significant cash reserves stem from large fundraises and capital infusions, fueling aggressive expansion in dark stores, delivery, and inventory.
• Eternal (Blinkit parent) leads with Rs 18,314 crore cash, followed by Swiggy (projected over Rs 17,000 crore) and Zepto (approx. Rs 8,085 crore).
• Companies are in a multi-year spending cycle, investing heavily in infrastructure; Swiggy plans Rs 4,475 crore for quick-commerce, and Blinkit targets 3,000 dark stores by March 2027.
• Despite high capital, the sector faces sustainability questions, with Blinkit's CEO warning of a potential shake-out as losses mount and spending accelerates.

Why It Matters: Quick commerce's massive cash fuels intense competition, shaping its future.