Over FY23-26E, Zomato should deliver a revenue CAGR of 29%/99% in food delivery/Blinkit verticals, helping it grow its consolidated adj. revenue by 42% over the same period. Zomato turned positive and reported an EBITDA in 3QFY24. The growth of food businesses in the Indian market due to the evolution of platforms like Swiggy and Zomato has been quite significant. These platforms have revolutionized the food delivery industry, offering convenience and a wide variety of options to consumers. They have also provided a platform for restaurants, big and small, to reach a larger customer base. Here are a few ways in which these platforms have contributed to the growth of the food business in India: 1. Increased Reach: Restaurants can reach a wider audience beyond their physical locations, tapping into new markets and customer segments. 2. Convenience: Consumers can order food from their favorite restaurants with a few clicks, making the process convenient and hassle-free. 3. Diverse Options: These platforms offer a wide range of cuisines and dining options, catering to diverse tastes and preferences. 4. Technology Adoption: The adoption of technology for ordering and delivery has streamlined operations for both restaurants and delivery partners, improving efficiency. 5. Job Creation: The growth of these platforms has also led to the creation of jobs, including delivery partners, customer support staff, and backend operations. Overall, Swiggy and Zomato India have played a pivotal role in the growth and transformation of the food business in India, making it more accessible, convenient, and diverse for consumers while offering new opportunities for restaurants and entrepreneurs. #Fooddelivery #Foodbusiness
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Did you know that Zomato's 25% of the revenues come from a business that you might not have even heard about? Well, that's Hyperpure by Zomato! Hyperpure is nothung but a b2b platform selling kitchen essentials to restaurants. A major headache for restaurants is sourcing fresh ingredients every morning- from multiple vendors - manage multiple accounts just for raw materials - especially in India's highly unorganised supply chain! And that's where Deepinder Goyal steps in, identifies the gap, sees a golden opportunity and launches Hyperpure in 2018. Hyperpure sources fresh ingredients from farmers n deliver them directly to restaurants - cutting the middlemen - hence also saving costs for the restaurants. What makes this move even more genius is the potential of a cross selling feature. Here's what I mean - 1. Restaurants already listed on Zomato can be pushed to use this service - no extra marketing needed 2. Restaurants availing this service become extra loyal to Zomato No wonder that this initiative started contributing to 13% of the revenues of Zomato in 2020, which rose to 21% in 2023. And Now, it contributes to a massive 25% of their revenues in 2024 - that's a good 3000 crore revenue! So, if you still think Zomato and Swiggy are competitors, well, think again!! Finns&Marks #marketing #brands
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Did you know that Zomato's 25% of the revenues come from a business that you might not have even heard about? Well, that's Hyperpure by Zomato! Hyperpure is nothing but a b2b platform selling kitchen essentials to restaurants. A major headache for restaurants is sourcing fresh ingredients every morning- from multiple vendors - manage multiple accounts just for raw materials - especially in India's highly unorganised supply chain! And that's where Deepinder Goyal steps in, identifies the gap, sees a golden opportunity and launches Hyperpure in 2018. Hyperpure sources fresh ingredients from farmers n delivers them directly to restaurants - cutting the middlemen - hence also saving costs for the restaurants. What makes this move even more genius is the potential of a cross selling feature. Here's what I mean - 1. Restaurants already listed on Zomato can be pushed to use this service - no extra marketing needed 2. Restaurants availing this service become extra loyal to Zomato No wonder that this initiative started contributing to 13% of the revenues of Zomato in 2020, which rose to 21% in 2023. And Now, it contributes to a massive 25% of their revenues in 2024 - that's a good 3000 crore revenue! So, if you still think Zomato and Swiggy are competitors, well, think again!! Finns&Marks #marketing #brands
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Did you know that Zomato's 25% of the revenues come from a business that you might not have even heard about? Well, that's #hyperpure by Zomato! Hyperpure is nothing but a b2b platform selling kitchen essentials to restaurants. A major headache for restaurants is sourcing fresh ingredients every morning- from multiple vendors - manage multiple accounts just for raw materials - especially in India's highly unorganised supply chain! And that's where #DeepinderGoyal steps in, identifies the gap, sees a golden opportunity and launches Hyperpure in 2018. Hyperpure sources fresh ingredients from farmers n deliver them directly to restaurants - cutting the middlemen - hence also saving costs for the restaurants. What makes this move even more genius is the potential of a cross selling feature. Here's what I mean - 1. Restaurants already listed on Zomato can be pushed to use this service - no extra marketing needed 2. Restaurants availing this service become extra loyal to Zomato No wonder that this initiative started contributing to 13% of the revenues of Zomato in 2020, which rose to 21% in 2023. And Now, it contributes to a massive 25% of their revenues in 2024 - that's a good 3000 crore revenue! So, if you still think #Zomato and #Swiggy are competitors, well, think again!! #brand #marketing #businessidea #business
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🔥 The Battle of Food Delivery Giants: Zomato vs Swiggy - A Market Analysis In India's dynamic food delivery landscape, two titans are shaping the future of how millions get their daily meals. Let me break down this fascinating market rivalry with some compelling numbers. Market Leadership Zomato stands tall with a remarkable valuation of $29.44 billion, more than double Swiggy's $12.4 billion1. With 57% market share and 20 million active users, Zomato currently leads the space1. Operational Excellence Both players show impressive operational metrics: Zomato processes 1.5 million daily orders with a swift 30-minute delivery time Swiggy handles 1.4 million orders daily with a 30-40 minute delivery window1 Growth & Revenue What's particularly interesting is the growth trajectory: Swiggy demonstrates stronger order volume growth at 26% YoY Swiggy leads in revenue with $1.5 billion (F.Y.E March 2024) Zomato follows with $1.3 billion revenue and 21% YoY growth1 This competitive dynamics showcases the robust nature of India's food delivery ecosystem. The question remains: Will Zomato maintain its market leadership, or will Swiggy's aggressive growth close the gap? #FoodTech #StartupIndia #DigitalIndia #BusinessStrategy #FoodDelivery #MarketAnalysis Thoughts? Let's discuss in the comments below. 👇
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📢 Swiggy vs Zomato: The Battle for Your Next Meal - Who Are You Choosing? 🍽️ The Indian food delivery market is dominated by two giants: Zomato and Swiggy. With both platforms competing fiercely, every new feature, discount, or service expansion keeps customers and investors watching closely. 👉 Zomato: Known for its restaurant discovery roots, it has evolved with cloud kitchens, Zomato Pro, and even international expansion. Higher Average Revenue Per User and larger restaurant partnerships give it a strong edge in core food delivery, making it a favorite for long-term investors. 👉 Swiggy: Starting with food delivery, Swiggy has diversified into grocery delivery (Instamart) and local errands (Swiggy Genie). Its efficiency in customer acquisition and emphasis on quick commerce provide unique advantages, but profitability remains a challenge. Both companies face ongoing competition and regulatory pressures but are well-positioned as consumer demand rises. While Zomato has shown impressive revenue growth, Swiggy’s efficient customer acquisition strategy keeps it in the game. 💼 Investment Insight: Zomato’s focus on revenue and high-margin services makes it a more compelling long-term choice, but Swiggy’s diverse services continue to attract a broad customer base. Stay tuned for an in-depth breakdown on the future of food delivery in India! #SwiggyVsZomato #FoodDeliveryBattle #InvestmentAnalysis
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🚀 Zomato: Spearheading India's Food-Tech Revolution 🚀 Zomato has captured 45-50% of the food delivery market in India, rivaling Swiggy. Their success recipe includes diverse revenue streams like restaurant commissions, ad placements, and subscription services. Hyperpure, their B2B supply chain, adds to the mix. 👥 Who's ordering? Urban professionals, families, students, and restaurants benefit from Zomato's reach and convenience. 📊 Tasty Stats: $2.5 billion Gross Order Value in FY 2023 and over 50 million monthly active users. 🔮 Future Menu Items: Zomato plans to venture into grocery delivery and prioritize sustainability. Zomato goes beyond food delivery, shaping a tech ecosystem in the food industry! What's your perspective on Zomato's impact? Have you experienced their services? Share your thoughts below! 👇 #Zomato #FoodTech #StartupSuccess #IndianTech #FoodDelivery #TechInnovation
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The Rise of Zomato: Dominating the Food Delivery Space In the dynamic world of food delivery, Zomato has emerged as a frontrunner, surpassing its competitor Swiggy in market share and innovation. What began as a neck-to-neck race in 2020 has seen a significant shift, with Zomato now leading the charge. In 2020, Swiggy held a commendable 52% market share, but Zomato's strategic maneuvers have flipped the script. By 2023, Zomato surged ahead, boasting a 54% market share. Fast forward to the latest reports, and Zomato's dominance has grown even more, now commanding a whopping 60% of the market, leaving Swiggy trailing at 40%. Zomato's success isn't confined to food delivery alone; its quick commerce arm, Blinkit, has also secured a comfortable lead with a 45% market share, surpassing competitors like Insta Mart with 27% market share. Even in Swiggy's home turf of Bangalore, Blinkit has emerged victorious over Instamart. So, what's driving Zomato's triumph? Firstly, it's the extensive reach of Zomato, spanning over 800 cities compared to Swiggy's 580. This widespread presence ensures accessibility to a larger customer base. Secondly, Zomato's strategic differentiation between food delivery and quick commerce, offering separate platforms for each, sets it apart from Swiggy's integrated approach. Zomato continues to redefine the food delivery landscape, it's crucial to understand the factors influencing consumer choices and preferences. Dr. John william #zomato #swiggy
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Is it possible to be profitable on Swiggy / Zomato? A typical restaurant has the following cost structure for food delivery: 👉 25% for Food cost 👉 5% for Packaging 👉 29% Commission taken by aggregators** 👉 20% for Discounts (Without this its extremely tough to grow) 👉 10% for Ad spends on the platforms (This can be reduced as you become more popular on the platform) **Commission is usually a base % of 22-23%, a payment collection charge of 1.5-2% and a GST of 18% on both. Since the industry does not get input credit, the GST is a cost in the P&L. On top of this, Swiggy charges commission even on the GST collected from customers 😞** You are then left with just 11% out of which you need to account for all your fixed costs like rentals, utilities, salaries, miscellaneous charges, wastage and your MARGIN. Its a tough tough business to be in. According to me if a restaurant / cloud kitchen is dependant soley on Swiggy & Zomato for their orders, its extremely difficult to sustain, especially if you're starting now. The older and bigger players like a Dominos, Rebel Foods, etc. have the bargaining power for a better commission structure due to their scale. At Food Darzee, we have started Swiggy & Zomato in Mumbai but it is an extremely tough business in terms of unit economics. We are grateful that all our fixed costs our leveraged by our subscription business. Would love to hear from others and what their views are wrt above !!!! #Food Startups #Food Delivery #Cloud Kitchens
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Zomato isn't just delivering food anymore, it's serving up profits! 🍕💰 Zomato just reported a whopping 388.9% increase in profits for Q2FY25, climbing from ₹36 crore last year to a spicy ₹176 crore this quarter. Meanwhile, revenue from operations jumped 68.5% year-on-year, hitting ₹4,799 crore! 🤯 That’s more revenue than the number of food delivery notifications you get on a Friday night. 📱🍔 What’s even more impressive? Their EBITDA flipped like a perfectly cooked dosa – from a loss of ₹47 crore last year to a profit of ₹226 crore. Now that's a turnaround more satisfying than finding extra fries at the bottom of your delivery bag! 🍟✨ Meanwhile, Blinkit has been quietly expanding its horizons, reducing its dependence on Delhi-NCR (now only 40% of revenue!) and growing in other regions like a pizza base in the oven. 🍕🔥 Swipe left, Swiggy, Zomato's here to deliver bigger numbers now. 😎🍽️ PS: Dear Zomato India, with all this profit, does this mean we get free delivery soon? Asking for a friend...
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The Dominance of India’s Food Delivery Giants: Swiggy and Zomato In just a decade, India’s food delivery landscape has been transformed by two major players: Swiggy and Zomato. These companies have not only changed the way we order food but have also built substantial businesses in the process. The journey of Swiggy and Zomato is a testament to the growing appetite for convenience and technology-driven solutions in India. As they continue to innovate and expand, the future of food delivery looks promising.
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