About Quick Commerce
The Quick Commerce comprises 256 companies, including 105 funded companies having collectively raised $37.5B in venture capital money and private equity. Out of these, 55 are Series A+ funded, and 17 have achieved unicorn status.
Quick Commerce sector has seen 18 acquisitions and 6 IPOs. This represents almost 9.4% of all such companies - which is higher than the 4.2% 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.
Quick Commerce sector is also known as Quick Commerce Solutions, Advanced Quick Commerce or Digital 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
There are more than 256 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 |
|---|---|---|---|---|---|
Chains providing food and grocery delivery services to local customers | Bengaluru (India) | 2013 | Public | $3.62B | |
Operator of an online marketplace providing grocery and delivery services | San Francisco (United States) | 2012 | Public | $2.93B | |
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 | |
Online retailer of groceries, personal care, and household essential products | Gurugram (India) | 2013 | Acquired | $757M | |
Operator of an online marketplace connecting consumers with local merchants | London (United Kingdom) | 2013 | Acquired | $2.95B |
Companies founded year-on-year in Quick Commerce
6 new startups have been founded so far in 2026 in Quick Commerce. 41 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 | 6 |
2025 | 29 |
2024 | 32 |
2023 | 16 |
2022 | 17 |
2021 | 41 |
2020 | 38 |
2019 | 13 |
2018 | 9 |
2017 | 6 |
Companies founded across countries in Quick Commerce
India has 126 Quick Commerce startups, the most by any country, followed by United States which has 16 startups and United Kingdom which has 13.
- Total Number of Companies
Country | No. of companies |
|---|---|
India | 126 |
United States | 16 |
United Kingdom | 13 |
Germany | 6 |
Indonesia | 5 |
Australia | 4 |
Canada | 4 |
Saudi Arabia | 4 |
Poland | 4 |
Pakistan | 4 |
Stage-wise distribution of Quick Commerce
Out of the total 256 Quick Commerce companies, 105 have secured funding. Among them, 55 have reached Series A or higher, and 41 to Series B or beyond.
Founded - 256
Funded - 105
Series A+ - 55
Series B+ - 41
Series C+ - 35
Company Stage | No. of companies |
|---|---|
Founded | 256 |
Funded | 105 |
Series A+ | 55 |
Series B+ | 41 |
Series C+ | 35 |
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- 255+ Total Companies
- $37.5B+ Total Funding
- 100+ Funded Companies
- 5+ IPOs
- 15+ Acquisitions
Funding Trends in Quick Commerce
Total funding year-on-year in Quick Commerce
Quick Commerce saw a total funding of more than $34.9B in the last 10 years. The most amount of funding was in 2021 at more than $11.9B. There has been a total funding of $507M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $507M |
2025 | $2.06B |
2024 | $2B |
2023 | $1.08B |
2022 | $3.28B |
2021 | $11.9B |
2020 | $3.64B |
2019 | $3.84B |
2018 | $4.79B |
2017 | $1.79B |
Total funding across countries in Quick Commerce
In the last 10 years, Quick Commerce startups in United States have recieved the highest funding among all countries - $10B. India follows with $8.9B and Germany with $2.8B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $10B |
India | $8.9B |
Germany | $2.8B |
United Kingdom | $1.76B |
Saudi Arabia | $286M |
Indonesia | $148M |
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 $242M into Seed Stage funding rounds, $4.24B into Early Stage funding rounds and $26.2B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $26.2B |
Early Stage | $4.24B |
Debt | $1.46B |
Post IPO | $1.23B |
Seed Stage | $242M |
Grant | $59.7K |
Recent Funding Rounds in Quick Commerce
In the year 2026, till July 2026, Quick Commerce companies have raised $385M in equity funding across 17 rounds.
In the same period last year (i.e. till July 2025), Quick Commerce companies had raised $351M across 23 rounds.
So, 2026 has seen a 9.73% rise in funding in Quick Commerce companies as compared to 2025.
Here are some recent, important funding rounds in Quick Commerce:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 4065 | Jul 25, 2026 | ||
Seed | 9909 | Jul 13, 2026 | ||
Series A | 3675 | Jun 12, 2026 | ||
Seed | 3154 | Jun 09, 2026 | ||
Series B | 2381 | Jun 03, 2026 |
Top Investors in Quick Commerce
Tiger Global Management is the top investor in Quick Commerce companies based on number of companies invested.
Here are some top investors in Quick Commerce:
Investor | Location | Top Portfolio Companies |
|---|---|---|
New York City (United States) | ||
Palo Alto (United States) | ||
Mountain View (United States) | ||
Menlo Park (United States) | ||
M&A activity in Quick Commerce
In the year 2026, till September 2026, 1 acquisition happened in Quick Commerce. Last year, in 2025, 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 | Sep 03, 2026 | ||
Business Acquisition | May 06, 2025 | ||
Business Acquisition | Jun 03, 2024 | ||
Business Acquisition | Nov 08, 2023 | ||
Business Acquisition | Apr 10, 2023 |
Acquisition trends in Quick Commerce
Here are the acquisition trends in Quick Commerce:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 1 |
2024 | 1 |
2023 | 3 |
2022 | 5 |
2021 | 5 |
2020 | 2 |
2019 | 1 |
2018 | - |
2017 | - |
IPOs in Quick Commerce
In the year 2024, till December 2024, 2 IPOs happened in Quick Commerce.
Here are some recent, important IPOs in Quick Commerce:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 12, 2024 | Dubai Financial Market (DFM) | |
Nov 13, 2024 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Sep 19, 2023 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Dec 27, 2022 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 20, 2022 | Frankfurt Stock Exchange (FRA) |
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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, IIT Bombay and IIT Kharagpur.
College | No. of companies |
|---|---|
IIT Delhi | 8 |
IIT Bombay | 7 |
IIT Kharagpur | 4 |
IIT Roorkee | 4 |
University of Pennsylvania | 4 |
BITS Pilani | 3 |
Harvard Business School | 3 |
IIM Ahmedabad | 3 |
IIM Bangalore | 3 |
National University of Singapore (NUS) | 3 |
Total funding in companies founded by alumni from top colleges in the Quick Commerce
In the last 10 years, BITS Pilani graduates' Quick Commerce companies have raised the most funding among top colleges. IIT Kharagpur alumni are second, and IIM Calcutta alumni are third.
College | Total Funding |
|---|---|
BITS Pilani | $5.87B |
IIT Kharagpur | $4.83B |
IIM Calcutta | $4.82B |
IIT Madras | $4.82B |
Stanford University | $4.81B |
University of Pennsylvania | $2.99B |
Wharton School | $2.97B |
University of Chicago | $2.95B |
IIM Bangalore | $1.07B |
IIM Ahmedabad | $1.05B |
Top News in Quick Commerce
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Instacart and World Market Announce Exclusive Same-Day Delivery PartnershipRetail Technology Innovation Hub•Sep 03, 2026•World Market, Instacart
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Serve Robotics Partners with Grubhub, Expands Markets, and Launches New Products Including Moxi 2.0 RobotRoboticstomorrow•Aug 17, 2026•Grubhub, Serve Robotics, Serve, Wonder and 1 other
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Blinkit facility's license suspended in Mumbai over food safety violationsMoneycontrol•Aug 10, 2026•Blinkit, Zepto, Swiggy
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Virtual Brands Surge in Italy's Digital Restaurant Sector, Deliveroo Reports Over 150% GrowthFood Affairs•Aug 06, 2026•Deliveroo
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Instaleap Partners with SPAR Slovenia to Enhance E-Grocery OperationsGlobeNewswire•Aug 06, 2026•Instaleap, SPAR, Instacart
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Flipkart to Launch Food Delivery in Bengaluru with Competitive 10-11% CommissionCyberMedia India Online•Aug 03, 2026•Flipkart, Zomato, Swiggy
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DoorDash Launches "Air" Drone Program, Secures FAA CertificationRetail Technology Innovation Hub•Jul 30, 2026•DoorDash
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Deliveroo reports surge in late-night matches during England gamesGrocery Gazette Uk•Jul 15, 2026•Deliveroo
