India, July 19 -- "Quick commerce is going to be ecommerce in India," Blinkit's senior vice president (SVP) Anish Srivastava said during a fireside chat with Farmley cofounder Abhishek Agarwal at an event organised by the D2C snacking brand.

Noting that the number of dark stores in the country would hover in the range of 15,000 to 20,000 in the next two years, Srivastava said that "for all practical purposes", the top 200 cities in India would transition to quick commerce from ecommerce by 2027. He added that the reason behind this is the rising adoption of quick commerce in non-metros cities.

"The narrative always was, up till last year or even now, that this (quick commerce) is a business model that works only in the top 10 to 20 citi...