About Quick Commerce
Companies included in Quick Commerce
Online platforms offering ultra-fast delivery (under 5-6 hours) for groceries, electronics, apparel, personal care items, and more through dedicated delivery networks or dark stores.Companies excluded in Quick Commerce
Excludes traditional e-commerce platforms with standard delivery times over 6 hours and logistics services focused on bulk or long-distance shippingTop Companies in Quick Commerce
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Operator of an online platform for ordering food and groceries | Bengaluru (India) | 2013 | Public | $3.62B | |
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers | San Francisco (United States) | 2013 | Public | $2.5B | |
Platform offering food and grocery delivery services | London (United Kingdom) | 2013 | Acquired | $2.95B | |
Platform offering food ordering and delivery services | Berlin (Germany) | 2010 | Public | $1.8B | |
Online platform offering on-demand delivery services for food and groceries | Philadelphia (United States) | 2013 | Series D | $5.14B |
Companies founded year-on-year in Quick Commerce
47 Quick Commerce startups were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 17 |
2024 | 34 |
2023 | 11 |
2022 | 17 |
2021 | 47 |
2020 | 41 |
2019 | 13 |
2018 | 11 |
2017 | 6 |
Companies founded across countries in Quick Commerce
India has 107 Quick Commerce startups, the most by any country, followed by United States which has 17 startups and United Kingdom which has 13.
- Total Number of Companies
Country | No. of companies |
|---|---|
India | 107 |
United States | 17 |
United Kingdom | 13 |
Germany | 7 |
Australia | 5 |
Canada | 5 |
Poland | 5 |
Indonesia | 5 |
France | 4 |
Pakistan | 4 |
Stage-wise distribution of Quick Commerce
Out of the total 235 Quick Commerce companies, 96 have secured funding. Among them, 47 have reached Series A or higher, and 34 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 235 |
Funded | 96 |
Series A+ | 47 |
Series B+ | 34 |
Series C+ | 26 |
- 230+ Total Companies
- $29.5B+ Total Funding
- 95+ Funded Companies
- 4 IPOs
- 10+ Acquisitions
Funding Trends in Quick Commerce
Total funding year-on-year in Quick Commerce
Quick Commerce saw a total funding of more than $26.7B in the last 10 years. The most amount of funding was in 2021 at more than $11.3B. There has been a total funding of $276M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $276M |
2025 | $2B |
2024 | $1.79B |
2023 | $1.16B |
2022 | $2.46B |
2021 | $11.3B |
2020 | $1.84B |
2019 | $2.52B |
2018 | $2.12B |
2017 | $1.24B |
Total funding across countries in Quick Commerce
In the last 10 years, Quick Commerce startups in India have recieved the highest funding among all countries - $7.83B. United States follows with $7.71B and Germany with $4.71B.
- Total Funding
Country | Total Funding |
|---|---|
India | $7.83B |
United States | $7.71B |
Germany | $4.71B |
United Kingdom | $2.39B |
Indonesia | $148M |
Sweden | $27.3M |
Australia | $23M |
Philippines | $21.1M |
Canada | $9.1M |
Italy | $3M |
Total funding amount raised by stage in Quick Commerce
Over the last 10 years, Quick Commerce have seen $245M into Seed Stage funding rounds, $4.23B into Early Stage funding rounds and $19.4B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $19.4B |
Early Stage | $4.23B |
Post IPO | $2.69B |
Seed Stage | $245M |
Debt | $90.6M |
Grant | $59.7K |
Recent Funding Rounds in Quick Commerce
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 1781 | Mar 24, 2026 | and 4 more | |
Series B | 2366 | Mar 06, 2026 | ||
Series C | 4676 | Mar 03, 2026 | ||
Series B | 5523 | Mar 02, 2026 | and 3 more | |
Series A | 2794 | Feb 25, 2026 | and 6 more |
Top Investors in Quick Commerce
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
Palo Alto (United States) | ||
Berlin (Germany) | ||
Menlo Park (United States) | ||
Mumbai (India) |
M&A activity in Quick Commerce
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 06, 2025 | ||
Business Acquisition | Jun 03, 2024 | ||
Business Acquisition | Nov 08, 2023 | ||
Business Acquisition | Mar 23, 2023 | ||
Business Acquisition | Dec 08, 2022 |
Acquisition trends in Quick Commerce
Here are the acquisition trends in Quick Commerce:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 1 |
2023 | 2 |
2022 | 3 |
2021 | 4 |
2020 | 2 |
2019 | - |
2018 | - |
2017 | - |
IPOs in Quick Commerce
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 13, 2024 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Dec 27, 2022 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 20, 2022 | Frankfurt Stock Exchange (FRA) | |
Aug 20, 2021 | Brazil Stock Exchange (B3) | |
Mar 31, 2021 | London Stock Exchange (LSE) |
Colleges which produce the most Quick Commerce companies
Companies founded by alumni from top colleges in Quick Commerce
Most number of Quick Commerce startups have been founded by alumni from IIT Delhi, Stanford University and IIT Kharagpur.
College | No. of companies |
|---|---|
IIT Delhi | 6 |
Stanford University | 6 |
IIT Kharagpur | 5 |
IIT Roorkee | 4 |
Harvard Business School | 3 |
IIT Bombay | 3 |
National University of Singapore (NUS) | 3 |
University of Pennsylvania | 3 |
Harvard University | 2 |
IIM Bangalore | 2 |
Total funding in companies founded by alumni from top colleges in the Quick Commerce
In the last 10 years, IIT Kharagpur graduates' Quick Commerce companies have raised the most funding among top colleges. Stanford University alumni are second, and BITS Pilani alumni are third.
College | Total Funding |
|---|---|
IIT Kharagpur | $4.88B |
Stanford University | $4.86B |
BITS Pilani | $4.82B |
IIM Calcutta | $4.82B |
IIT Madras | $4.82B |
University of Pennsylvania | $2.98B |
University of Chicago | $2.96B |
Wharton School | $2.96B |
University of St.Gallen | $1.46B |
Harvard Business School | $588M |
