quick commerce market

Quick commerce, sometimes used interchangeably with ‘on-demand’ delivery, is a type of e-commerce where the emphasis is on delivering products in the shortest possible time. With quick commerce, consumers can generally expect their items to get delivered within one hour of placing the order. Quick commerce stands out from traditional retailers in several ways, including faster speed, guaranteed availability of curated products, 24-hour operation, and ease of ordering and delivery.

In this blog post, we list the top seven companies that are driving the quick commerce market growth. Continue reading!

#1. Swiggy

Founded: 2014

Headquarters: Bangalore, India

Established in the mid-2010s, Swiggy is a leading online food ordering and delivery platform. With a tech-first approach to logistics, Swiggy has a presence in 500+ cities and partnerships with hundreds of thousands of restaurants across India. Along with food delivery, the platform offers on-demand grocery delivery services and same-day package delivery services.

#2. Dunzo

Founded: 2014

Headquarters: Bangalore, India

Dunzo is another leading Indian 24/7 delivery platform. It guarantees super-quick deliveries of almost anything and everything in the city. Dunzo picks and delivers items from categories like fruits and vegetables, meat, pet supplies, food, and medicine. As of now, the platform provides delivery services in eight Indian cities, including Bangalore, Delhi, Gurgaon, Jaipur, Mumbai, Pune, Chennai and Hyderabad. Furthermore, Dunzo is a major player in the quick commerce industry and accounts for a substantial quick commerce market share.

#3. Blinkit

Founded: 2013

Headquarters: Gurgaon, Haryana

Owned and managed by Blink Commerce Private Limited, Blinkit is an Indian instant delivery service. Blinkit has a mobile application that its customers use to order groceries and other essentials online. After confirming the order, Blinkit’s employees procure the items from warehouses and deliver them in the shortest time possible. As of now, Blinkit offers its services in more than 30 cities across India.

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#4. Big Basket

Founded: 2011

Headquarters: Bangalore, India

Big Basket is an Indian online grocer registered with the name Supermarket Grocery Supplies Pvt. Ltd. With over 18,000 products and over 1,000 brands to choose from, customers can seamlessly find every grocery item on the platform. Also, the platform caters to the quick commerce market by providing delivery in 15 to 30 minutes. Currently, the company operates in more than 30 Indian cities and processes over 15 million orders per month.

#5. Getir

Founded: 2015

Headquarters: Istanbul, Turkey

Getir is a Turkish company that offers ultra-fast delivery service on your phone. With a mission of offering convenience without compromise, Getir has a wide range of products on its app. Some of the many products listed on Getir’s app are fresh items, snacks, beverages, and more. The platform has a real-time inventory, so customers get what they want. Also, the stock on Getir is replenished every morning. This ensures that consumers get to choose from a continually fresh and diverse selection of products.

#6. Delivery Hero

Founded: 2011

Headquarters: Berlin, Germany

Delivery Hero is a German online food ordering and food delivery platform that aims to deliver an amazing experience to its customers. Currently, the company operates in over 70+ countries in major regions like Europe, Asia, Africa, and the Middle East. To diversify its business, Delivery Hero has increasingly branched out beyond food delivery and is now a leading player in the quick commerce market.

#7. Gopuff

Founded: 2013

Headquarters: Pennsylvania, United States

Founded in the early 2010s by two Drexel University students, Gopuff is an American consumer goods and food delivery company. As of now, Gopuff operates in more than 650 US cities and has over 500 microfulfillment centers. The platform primarily delivers goods found in convenience stores, like snacks, drinks, and household items. Besides, the company also caters to the quick commerce market by delivering a select range of products in just a few minutes.

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End Note and Conclusion

In recent times, there has been an increased need for swift delivery of essential items such as household necessities. The rising usage of 5G and 4G technology for making transactions is anticipated to impact the quick commerce market growth favorably over the forecast period.

By Nitin Tambe

Nitin is a passionate content writer with three years of experience in content writing. He specializes in creating engaging blogs, articles and website content that resonates with the audience. Nitin is always eager to challenge himself and brings a unique perspective and creative approach to every project. During his free time, you can find him immersed in technology, science-fiction and mystery books.