Instamart sees 20x surge in premium Rakhi demand beyond metro markets

Our read

Jewellery and gifting brands should pursue seasonal exclusive bundles, rapid-delivery integrations and city-specific launches with quick-commerce platforms to capture emerging-market premium demand.

Watch

Repeat purchase and cross-category attachment rates among premium Rakhi buyers after the festival.

The report,

Instamart reports a sharp Raksha Bandhan shift toward premium, jewellery-inspired Rakhis, with demand led by Kalyan Jewellers, Palmonas and GIVA products. Premium demand is growing beyond metros, with Lucknow, Ahmedabad, Bhubaneswar and Chandigarh among the fastest-growing markets.

Newer report , , The Hindu BusinessLine : Ganesh Chaturthi lifts quick-commerce demand for idols, modaks and puja supplies

07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

925 silver Rakhis weighing 1g
Rakhi orders grew 3.5x in 2025

Also in the report

  • 3x growth in demand this year
  • Sweets grew 8x during regular days
  • Chocolates grew 4x during regular days

Other figures

  • ₹999 Rakhis
  • Rakhi hampers grew 8x

What to track next

  • Whether premium Rakhi average order values and conversion rates remain elevated through the final 7-10 days before Raksha Bandhan.
  • Expansion of branded festive assortment and dark-store inventory in Lucknow, Ahmedabad, Bhubaneswar, Chandigarh and other tier-2 markets.
  • Competitor responses from Blinkit, Zepto and Flipkart Minutes, including exclusive jewellery or gifting partnerships.
  • Evidence that brands convert quick-commerce buyers into direct-to-consumer, marketplace or physical-store jewellery customers.

Likely next moves

Our read of what comes next — analysis, not reported by the source.

  • Instamart is likely to add more branded premium gifting bundles, personalization, gift-wrap and scheduled-delivery options for upcoming festivals.
  • Jewellery and fashion-accessory brands will introduce quick-commerce-friendly products in the ₹299-₹1,499 range with festival-specific packaging and inventory allocation to tier-2 hubs.
  • Competing platforms may seek exclusive festive partnerships with jewellery, beauty, sweets and accessory brands, raising customer-acquisition spending around major occasions.
  • Platforms will use Rakhi buyer data to cross-sell hampers, chocolates, flowers, beauty, ethnic wear accessories and higher-margin gifting items.

The counter-case

The case against this reading — not reported by the source.

The 20x figure may reflect a small prior-year base, a wider premium assortment, stronger in-app merchandising and festival promotions rather than a durable shift in jewellery-led Rakhi consumption. Raksha Bandhan is a short, highly seasonal event, and orders do not establish repeat demand, profitability or sustained penetration in non-metro markets. Premium SKUs up to ₹999 may also lift value metrics while representing a limited share of total units.

The source

Source Read the source at ET Small Business

Published

First seen