New Delhi, July 11 -- India's Quick Commerce (Q-commerce) market is estimated to have reached around Rs 64,000 crore in FY25, growing at a staggering Compound Annual Growth Rate (CAGR) of 142 per cent during FY22-FY25, said market analytics firm CareEdge in its latest report.

According to the report, the Gross Order Value of the quick commerce market will nearly triple from an estimated Rs 64,000 crore in FY25 to around Rs 2 lakh crore by FY28, registering exponential growth.

Quick commerce (or q-commerce) is a specialised form of e-commerce that focuses on delivering goods to customers within a very short timeframe, typically within 10-30 minutes.

According to the report, the sector is expected to maintain strong double-digit growth i...