Flush with funds, qcom firms Swiggy, Zepto, Blinkit focus on expansion

Flush with funds and amid intensifying competition in the sector, quick commerce companies like Swiggy Instamart, Zomato-owned Blinkit, and Zepto, have shifted into expansion mode.

While announcing its September-quarter results, management at Swiggy said its growth strategy for Instamart is based on hyperlocal expansion – same store growth and densification in existing cities, and geographic expansion – launching new cities.