Swiggy, shifting toward a value-focused strategy, is set to gain market share, though this may impact short-term unit economics, JPMorgan said. (Photo source: Envato)
The Indian quick commerce sector is rapidly expanding, with players like Blinkit, Swiggy Instamart, and Zepto competing against e-commerce giants such as BigBasket, DMart, JioMart, and Amazon Fresh.Zomato’s Blinkit is a top contender in the market, well-positioned for growth, particularly in NCR, said JPMorgan in its report on Sunday. Blinkit’s focus on SKU availability and competitive pricing continues to drive profitability, even a...