Gopal Srinivasan, Chairman of TVS Capital Funds, criticizes the sustainability of India's quick-commerce sector, led by Zomato and Swiggy, as reliant on private equity without long-term viability.
In fact, as of Q3 FY25, Swiggy is at the same level as Zomato-owned Blinkit was one year ago. This shows the road ahead for Swiggy’s Quick Commerce business. In Q3, the vertical reported 14% ...
Blinkit’s business had completed its pivot to quick commerce in Jan 2022, and it was odd that five months were enough for Zomato to make a strategic acquisition: At the time, Swiggy had already ...
Zomato and newly-listed Swiggy are betting big on growth through quick commerce but the spending required to ward off intense competition in the sector is spooking investors and has wiped off ...
“I haven't come across a single household that does not use Zomato or Swiggy for ordering food and groceries. I am telling you, the growth runway for these stocks is huge." This was my ex-head ...
Swiggy shares at Rs 300 or Rs 500? Zomato peer down 22% in 5 days; here're target prices Swiggy share price today: The stock fell 5.77 per cent to hit a low of Rs 359. This was the third session ...
A viral Reddit post claims that a glitch on Swiggy Instamart offered free items worth "Rs 4,000 to Rs 5,00,000." ...
Who are peers of Zomato Ltd? The peers of Zomato Ltd are Info Edge (India) Ltd, Swiggy Ltd, FSN E-Commerce Ventures Ltd, One 97 Communications Ltd, TBO Tek Ltd, Indiamart Intermesh Ltd ...
The company will be competing with established players like Zomato, Swiggy, and Zepto. Rebel Foods is launching a 15-minute food delivery service called 'QuickiES.' The move capitalizes on their ...