Quick commerce is a model of delivering items or products under 10-20 minutes. it is also a type of e-commerce quick commerce company's setup there dark stores across the city and the company will deliver through that dark stores. Dark stores means a former brick and-mortar retail locations that has been converted into fulfillment center centers for online orders.
How it started in india and grown so big in the country?
There was no such problem in country before the start of COVID-19 in March 2020 corona pandemic has start for to control the virus, and the Indian goverment announced lockdown. After the announcement of the lock-down in india people started facing problem of going out for buying groceries there was a problrm arived so to solve that problem some Indian start-up compnies started quick commerce but quick commerce existed earlier but it did not gain much traction also the company used deliver under 90 minutes at the time of covid-19 time reduced to under 20 minutes so this helped the people to buy groceries from home under 20 minutes. now we get delivered in under 10 minutes. Some populor quick commerce companies are zepto,Blinkit,Bigbasket,swiggyinstamart. The markwt size of quick commerce in india estimated at USD 3.34 billion in 2024 and is expeceted to reach USD 9.95 billion by 2029 (Chryseum report september 28, 2024).
These are the some key reasons why quick commerce started and grown so big in india.
- A Blog By Phalgun Bhat
-thepostpress.in
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