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Quick Commerce Sector

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About Quick Commerce

The Quick Commerce comprises 235 companies, including 96 funded companies having collectively raised $29.5B in venture capital money and private equity. Out of these, 47 are Series A+ funded, and 11 have achieved unicorn status.
Quick Commerce sector has seen 12 acquisitions and 4 IPOs. This represents almost 6.8% of all such companies - which is higher than the 4.9% exit rate of tech companies in general.
This sector includes companies that can deliver retail products to customers in under 5-6 hours or even within minutes.

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 shipping
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions

Top Companies in Quick Commerce

There are more than 235 companies in Quick Commerce. Swiggy is the top Quick Commerce company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Quick Commerce companies globally:
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
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
Get a longer list of companies

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.

Companies founded year-on-year in Quick Commerce2026202520242023202220212020201920182017Founded Year01020304050Count of Number of Companies
  • 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.

Companies founded across countries in Quick CommerceIndiaUnited S...United K...GermanyAustrali...CanadaPolandIndonesi...FrancePakistanCountries0255075100125Count of Number of Companies
  • 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.

Founded - 235
Funded - 96
Series A+ - 47
Series B+ - 34
Series C+ - 26
Company Stage
No. of companies
Founded
235
Funded
96
Series A+
47
Series B+
34
Series C+
26
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  • 230+ Total Companies
  • $29.5B+ Total Funding
  • 95+ Funded Companies
  • 4 IPOs
  • 10+ Acquisitions

Top Investors in Quick Commerce

Y Combinator is the top investor in Quick Commerce companies based on number of companies invested.
Here are some top investors in Quick Commerce:
See a more detailed list of investors

M&A activity in Quick Commerce

In the year 2025, till May 2025, 1 acquisition happened in Quick Commerce. Last year, in 2024, a total of 1 acquisition happened in Quick Commerce.
Here are some recent, important acquisitions 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
See a more detailed list of acquisitions

Acquisition trends in Quick Commerce

Here are the acquisition trends in Quick Commerce:

Acquisition trends in Quick Commerce2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0246Number of Acquisitions
  • 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

In the year 2024, till November 2024, 1 IPO happened in Quick Commerce.
Here are some recent, important 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)
See a more detailed list of IPOs

Top News in Quick Commerce

View all Quick Commerce Top News

FAQs about Quick Commerce

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