Flipkart Minutes Order Value Nears Blinkit on Strong Electronics Mix: UBS

4 Sept 2026, 12:53 pm · 8d ago · 1 min read · Entrackr

Flipkart's quick-commerce arm Minutes is posting average net order values close to market leader Blinkit, according to a report by UBS. Excluding mobile phones, Minutes recorded a net order value of Rs 500-530, slightly below Blinkit's Rs 518 in Q1 FY27, but surpassed Blinkit when including mobile devices. Flipkart Minutes has scaled to over 1,000 dark stores across 120-130 cities, averaging 800-1,000 daily orders per store. While gross margins remain below Blinkit, mature dark stores are reaching 1,200-1,500 orders per day within six months of launch.