Resurfacing Bessemer's June 2025 forecast: India's online commerce reaching $300B by 2030
Bessemer Venture Partners' June 2025 outlook said India's digital economy is primed for significant expansion, projecting online commerce to grow from $30 billion in 2020 to $300 billion by 2030. The report also highlighted quick-commerce platforms including BigBasket, Blinkit, Swiggy and Zepto.
The development
Bessemer Venture Partners sees a $1 trillion digital opportunity in India, with online commerce projected to rise from $30 billion in 2020 to $300 billion by 2030. Its report highlights quick-commerce platforms including BigBasket, Blinkit, Swiggy and Zepto, alongside growth in consumer services, content and wellness spending.
The numbers
- $1 trillion
- $30 billion
- 2020
- $300 billion
- 2030
Why it matters to operators and investors
Bessemer projects India’s online-commerce market will grow tenfold to $300B by 2030, with quick-commerce platforms among the businesses shaping the expansion.
What to watch next
- Online retail growth by category, city tier, and customer cohort—not just aggregate market forecasts.
- Quick-commerce order frequency, average basket size, delivery cost, and contribution margin.
- Platform disclosures on take rates, fulfillment investment, advertising revenue, and progress toward profitability.
- Growth in digital payments, logistics coverage, and online purchasing outside major metropolitan areas.
- Changes in e-commerce, marketplace, data, or gig-worker regulation that affect operating costs.