Launch · Commerce & Consumer Brands

Swiggy Instamart adds 96 dark stores in Q3

By Startup Enthusiast · 5 February 2025

What they do

Swiggy Instamart delivers groceries and essentials within minutes from local warehouses called dark stores

It added 96 dark stores in Q3FY25, reaching 705 total, but trails Blinkit which added 216 and has 1,007

Swiggy aims for 1,000 dark stores by March 2025, while Blinkit targets 2,000 by December 2025

Swiggy Instamart added 96 dark stores in the third quarter of FY25 (October to December 2024).
This is a pace of 1.06 dark stores per day.
In comparison, rival Blinkit added 216 dark stores in the same quarter, or 2.4 per day.
Swiggy Instamart ended Q3FY25 with 705 dark stores total.
Blinkit ended with 1,007 dark stores.
Swiggy Instamart's Q3FY25 revenue was Rs 577 crore, while Blinkit's was Rs 1,399 crore.
Swiggy added 86 dark stores in the first half of FY25 (April to September 2024) and another 86 in January 2025 alone.

Swiggy had earlier set a target of 1,000 dark stores by March 2025.
Blinkit advanced its target to 2,000 dark stores by December 2025 (from 2026).
Zepto also targets 1,200 dark stores by March 2025, from about 750 currently.
Blinkit's CEO said customer base contributes about one-third of GOV (gross order value) and retention improved despite a very competitive quarter.