Dilip Singh’s Post

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Store Manager | Sales, Team Leadership, Customer Relations

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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