India, Feb. 7 -- Amid the rising popularity of quick commerce in the country, logistics major Delhivery expects its rapid commerce business to generate INR 80 Cr to INR 100 Cr revenue in the financial year ending March 2025 (FY25)

In the company's Q3 call, Delhivery CEO Sahil Barua said that the company's rapid commerce business offers two-hour deliveries and is currently operational in three cities - Bengaluru, Hyderabad, and Chennai.

According to Barua, the rapid commerce segment has gone live with two core customers, with an additional 15 expected to be onboarded within the current quarter.

"The initial performance of dark stores has been promising, with some locations already handling close to 500 orders per day within just 45 days...