Quick commerce expands to 477 cities as players target smaller, untapped markets: CLSA

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players are targeting underpenetrated geographies, seeking a first-mover advantage in these markets. Established companies are deepening their networks in key cities while testing smaller dark store setups elsewhere. Blinkit leads in dark store count nationally and in six top cities, with a strong presence outside major hubs.