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Comparing Blinkit’s market share to Zepto’s makes no sense. And yet, we keep hearing about it all the time. .. Blinkit operates in 28 cities. And so does Swiggy’s Instamart. So, when one says that Blinkit has 45% market share and Swiggy 27%, it shows that Albinder’s Zomato-fuelled rocketship is coming out much stronger at execution than Swiggy’s Instamart. .. But, Zepto operates in just 10 cities, and it still commands a 21% market share. Which means, if with operations in just 10 cities Zepto is 21% of India’s quick commerce market, then its true market share in those 10 cities would be much higher. However, we hardly ever hear anyone talking about that. Anyhow, let’s look at it another way. .. About 2-3 weeks back Zepto launched its paid membership called “Pass”. And within a week, it had crossed a million users (though many paid just Re 1 for it). But, if you think of it, Blinkit’s total transacting user count in the bygone quarter was 5.4mn (publicly reported by Zomato). Now, if we assume that Zepto has as many transacting users as Blinkit, it practically got almost 20% users to buy a paid membership. And given Zepto operates in just 10 cities and has just 21% of all-India market share with a slightly lower average order value (reported by media), it definitely has way fewer number of transacting users. .. Which means? That way more than 20% of its transacting users practically bought a paid membership. Maybe 30-40%. And that’s a crazy good reflection of how good a consumer goodwill and retention it would have created. And also, how strong a player Zepto most likely is in those 10 cities, versus Blinkit. Or at least, that’s what the numbers suggest. What do you think? .. Join my 17k+ member Biz News+ WhatsApp community: https://lnkd.in/gx_TEjjV Best, Jayant Tags: #Zepto #Blinkit #Zomato #Swiggy #QuickCommerce #Stocks #IndianStocks #Startups #IndianStartups #Flipkart | Aadit, Kaivalya, Chandan, Sriharsha, Rohit, JM Financial Ltd

Zomato has brought back two senior executives to help grow its Going-Out business. This comes as the food tech giant talks with Paytm about buying Paytm's movie ticketing and events company. They've brought back Rahul Ganjoo and Pradyot Ghate, who both left the company last year. This comes soon after it was said that the company wants to buy Paytm Insider for an estimated INR 1,500 Cr to improve its live entertainment and tickets business. To share your startup story write us on - [email protected] #startup #news #latestupdate #zomato #RahulGanjoo #appointment #

Swiggy, the food-delivery app, is preparing for an initial public offering (IPO) and has seen its valuation increase by 13% to $12.16 billion, up from $10.7 billion in its last fundraising in 2022. According to an ET report, US-based asset manager Baron Capital Group has increased the value of its stake in the company. Baron Capital had invested in Swiggy during a $700 million funding round in January 2022. As of the end of December, Baron Capital's stake in Swiggy's parent company, Bundl Technologies, was valued at $87.2 million, marking a 17% increase from the previous quarter. Swiggy's valuation increase comes as it plans to go public around mid-2024, with an expected IPO size of $1 billion (Rs 8,300 crore), which would be one of the largest openings for a new-age tech company. #swiggy #food #delivery #startup #Investors #company #Indianstartupnews

Brokerage firm CLSA anticipates that the gross order value of major quick commerce players like Blinkit, Zepto, and Swiggy Instamart will reach $10 billion by the financial year 2025-26 (FY26). “We expect Zomato’s Blinkit, Zepto, and Swiggy Instamart, the top three quick commerce players, to achieve $10 billion in gross order value by FY26 and to surpass $78 billion within the next decade,” CLSA mentioned in a recent note. The ͏brokerag͏e ͏noted͏ that Z͏omato-owned Blink͏it͏ is pois͏ed t͏o ͏benefi͏t the most fro͏m the qu͏ick commerce boom, ͏projecting th͏at Bli͏nk͏it’s EBITDA ͏and ne͏t profit wi͏l͏l tur͏n p͏o͏si͏tive by FY25͏. Read full story here: https://lnkd.in/gC2-UihC #quickcommerce #zepto #blinkit #instamart #startups LinkedIn News India Linkedin News Ashu Agrawal

#DeepinderGoel #Unicon #startup #Connecxtions #followers Zomato's current business model cannot last long... That was Deepinder Goyal founder and CEO of Zomato. In the present startup ecosystem, it is becoming important day by day to innovate as technology advances. With all the technology evolving, no business can sustain a decade or two. Zomato is already in version 4 in its 16 years of journey. Take for example BlinkiT. It's Zomato's quick service business and it can overtake Zomato. You must be wondering why. Right? Quick commerce business is the fastest growing in India now. When Zomato acquired BlinkiT(formerly Grofers) for INR 4447 Crs. in 2022, it made a good foot in the quick commerce business. Zomato is also coming up with a pure veg delivery app in which the delivery partners will be seen wearing a green T-shirt. What do you think is the future of Zomato, in a decade? Which is your best food delivery app? Which food delivery app do you think gives the highest value for money? Let me know in the comment below... 👇

Launched in 2017, Shiprocket has raised close to $400 Mn in funding from the likes of Zomato, Tribe Capital, Info Edge India Ltd, among others. As the logistics unicorn gears up for its IPO, let’s take a closer look at its product stack 👀 🔶  The Zomato-backed company has gone from a third-party logistics tech player to a one-stop logistics enabler for D2C and retail brands, and added pieces to its armory such as digital marketing, data analytics, customer service solutions and more. 🔶 It’s also now piloting an ecommerce marketplace called Zop. In some ways, Shiprocket has gone about creating a full-stack marketplace with a logistics-first go-to-market strategy, and then building (or acquiring) the requisite infrastructure for ecommerce before the marketplace. 🔶  But the goal is not to build a vertical stack dedicated only to Shiprocket. The idea is to build “an open ecosystem for our merchants and not vertical or horizontal integration”.  🔶  This integration is expected to help the startup grow its revenue from the INR 1,080 Cr it reported in FY23. #startups #India #Shiprocket

🚀 Swiggy Goes IPO! A Testament to the Power of Startups & ESOPs 🚀 Today, Swiggy marked a major milestone with its IPO, and it's not just a win for the company but an incredible moment for India's startup ecosystem. This IPO will create wealth for thousands of Swiggy employees, with around 500 of them stepping into the 'crorepati' club! It’s a powerful example of how startups can transform lives and build wealth beyond the founding team. ESOPs (Employee Stock Ownership Plans) are more than just incentives—they’re about ownership, motivation, and alignment with the company’s long-term success. When employees own a stake in what they’re building, they’re invested in a shared dream, which pushes everyone to go the extra mile. For everyone in the startup journey: keep the faith and keep building. ESOPs can be a game-changer, and IPOs like Swiggy’s prove the long-term value in creating an environment where growth is shared. The journey might be challenging, but when your vision meets dedication, great things can happen. To all the dreamers and builders out there: have faith in your journey, and keep going. Your time is coming! 🚀💪 #SwiggyIPO #Startups #ESOPs #KeepBuilding #DreamBig

The Is “Enshittification” taking over the Indian startup ecosystem? Australia’s Macquarie Dictionary’s 2024 word of the year perfectly describes platforms that start by delighting users but later prioritize profits at the cost of experience. Feels eerily relevant in parts of the Indian startup ecosystem doesn’t it?? Think about Uber & Ola shifting from affordability to surge pricing, or Flipkart & Amazon drowning organic sellers with paid marketing & visibility. More recently, Q-commerce startups like Zepto Blinkit & Swiggy charge convenience fees, handling fees on top of that, surge pricing and a bloody “small cart fee” too for smaller orders. Feels like they’ll head down the same road. How can startups balance growth and user loyalty without falling into this trap? #IndianStartupEcosystem

🌟 Successful Strategies for Validating Startup Ideas 🚀 Ola's Prototype Testing: Low-cost car rentals in Bangalore validated demand 🚗 Flipkart's Focused Launch: Started as an online bookstore, paving the way for e-commerce growth 📚🛍️ Zomato's Content Validation: Compiling restaurant menus attracted food enthusiasts 🍽️📋 Paytm's Digital Wallet Pilot: Mobile recharges confirmed the potential for digital transactions 📲💳 Urban Company's Service Verification: Manual matching of services validated market demand 🔧🏠 These stories highlight the power of starting small and engaging directly with your market! 🌐✨ Download Connectclub today and take your venture to the next level! Download now: https://lnkd.in/dnBYu3ZK OR Join now: https://www.connectclub.in #Connectclub #StartupSuccess #ValidateYourIdea #InnovateIndia #BusinessGrowth #EntrepreneurLife #StartupJourney #MarketValidation #SuccessStories #Innovation #TechStartups #BusinessStrategy #LeanStartup #CustomerFeedback #ProductDevelopment #IndianStartups #DigitalTransformation #InvestmentOpportunities

As Swiggy prepares to go public, it's not just about food anymore. It's about the future of retail, technology, and how we live. What do you think? 🗣️ Is Swiggy's IPO going to be a blockbuster or a flop? Share your thoughts below! 👇 And don't forget to follow for more bite-sized finance insights! 😉🍔💼 #QuickCommerce #Swiggy #Zomato #StartupEconomy #IndianStartups #FutureOfRetail