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.
It cannot be transferred to a bank account. (Image/PTI) New payment methods have been operationalised on the mobile applications of Swiggy and Zomato’s Blinkit. These features were announced ...
Stock Market Today: Swiggy Ltd, Zomato Ltd share prices saw sharp decline of more than 6% as the stock market crashed. The analysts view have been divided looking at rising competition in the ...
The shares of food delivery and quick commerce majors Swiggy and Zomato extended losses on February 11 as they continued to reel under the effect of their weak performance in the October-December ...
However, even patient investors face a tough choice between Swiggy and Zomato. Swiggy Ltd’s food-delivery business saw a sequential rise in its average monthly transacting users to 14.9 million ...
India’s INR 5.5 Lakh Cr food delivery market goes into a demand slump as consumption declines, macro fundamentals hit spending Zomato and Swiggy, which control 90% of the food delivery space ...
The NRAI had filed a petition with the Competition Commission of India (CCI) in 2021, accusing both Zomato and Swiggy of abusing their dominant market positions The National Restaurant Association ...
potential legal challenge against the ultra-fast food delivery verticals of Swiggy and Zomato. IFAT argued that gig workers face immense pressure to meet the “unrealistic expectations” of 10 ...
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 ...
"We will be adding to our petition in CCI about them (Zomato, Swiggy) doing private labels through Bistro and Snacc," Mr. Daryani shared. He said NRAI will also request CCI to investigate ...
The benchmark indices are trading in red with deep cuts on Monday, February 10. Staying Away From Swiggy & Zomato? This comes to pass as volatility in the Indian markets continues. Meanwhile ...
Swiggy's SNACC and Zomato's Blinkit Bistro are an attempt to replicate the model used by their own quick-service companies. It is also an answer to the rapidly expanding Zepto Cafe, which offers ...