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Swiggy’s Public Listing: What Lies Ahead? 📊 As Swiggy prepares for its highly anticipated public listing, comparisons with Zomato are inevitable. While both dominate the food delivery landscape in India, the real question is: can Swiggy mirror Zomato’s stock success? 📈 Zomato, which went public in 2021, has seen impressive growth, with its stock price tripling in the past year. The key difference? Zomato is now profitable, posting a revenue of INR 12,114 Cr in FY24 and a profit of INR 351 Cr. Meanwhile, Swiggy, despite being close to Zomato’s total revenue at INR 11,247 Cr, reported a loss of INR 2,350 Cr. 🛵💼 The market is watching closely as Swiggy steps into the public arena. Will it replicate Zomato’s success? Only time will tell. ⏳ #Swiggy #Zomato #StockMarket #PublicListing #TechNews #FoodDelivery #Startups #Investing #BusinessStrategy #QuickCommerce #IPO #IndiaTech #Ecommerce #Growth

🚀 Zomato vs Swiggy: A Tale of Two Titans in India’s Food Delivery Space 🚀 As the food delivery industry continues to grow, Zomato and Swiggy dominate the market, each with its own strengths and challenges. Here’s a quick snapshot: • Zomato, founded in 2008, has an impressive market cap of $27 billion and leads with a 57% market share. After going public in 2021, Zomato is now seeing profits. • Swiggy, founded in 2014, plans to go public in 2024 with a $12 billion market cap and 43% market share. Despite a revenue close to Zomato, Swiggy has faced some financial challenges. Both companies are reshaping the food delivery landscape in India, but will Swiggy’s upcoming IPO narrow the gap with Zomato? Only time will tell! #FoodDelivery #Zomato #Swiggy #Business #Startups #India #MarketShare #IPO #Growth

Foodetch giants Swiggy and Zomato have been up against each other for a while now – with both companies fairing rather well in their financials. In FY24, Zomato outpaced Swiggy with a 71% growth in operating revenue compared to Swiggy's 36%. Zomato earned Rs 6,361 crore from its food delivery services, just ahead of Swiggy's Rs 6,100 crore. In the grocery delivery segment, Zomato's GMV was Rs 2,310 crore, while Swiggy trailed at Rs 1,100 crore. Zomato, which went public in 2021, seems to be on the safe side with profits of Rs 351 crore. Comparatively, Swiggy, under Sriharsha M., has yet to pull through to the other side, currently witnessing a loss of Rs 2,350 crore. Swiggy recently received approval in April for an IPO. Deepinder Goyal #zomato #swiggy #fy24 #financials #profits #losses #ipo #stocks #listed #startups #indianstartups #gmv #fooddelivery #grocerydelivery #quickcommerce #deepindergoyal #shriharshamajety #revenue #operatingrevenue #foodtech

Zomato turned profitable in FY24! The foodtech giant’s PAT reached INR 351 Cr, compared to a loss of INR 971 Cr in FY23. Check out how Zomato makes money in the attached infographic. The improvement in Zomato’s financials is due to rising Gross Order Values (GOVs) across their B2C businesses. Combined GOVs of Zomato’s flagship food delivery, quick commerce arm Blinkit, and Going-out businesses grew 51% YoY and 5% QoQ to INR 13,536 Cr. Blinkit's standalone revenue growth outpaced food delivery on a YoY basis — 186% YoY growth for Blinkit vs around 40% for the food delivery platform. What do you think about Zomato's financial turnaround? Credit Inc42 Media #zomato #blinkit #financials #startups #foodtech

🚀 𝑺𝒘𝒊𝒈𝒈𝒚 𝒗𝒔 𝒁𝒐𝒎𝒂𝒕𝒐 As Swiggy gears up for its IPO, competition with Zomato heats up. While Zomato holds the edge with scale and profitability, Swiggy’s growth focus could change the game. Who will dominate India’s food delivery market? 👉 Swipe to discover key business comparisons and market insights. #SwiggyIPO #Zomato #FoodTech #MarketInsights" 𝑾𝒂𝒏𝒕 𝒕𝒐 𝒊𝒏𝒗𝒆𝒔𝒕 𝒊𝒏 𝑼𝒏𝒍𝒊𝒔𝒕𝒆𝒅 𝑺𝒉𝒂𝒓𝒆𝒔? Follow the link below to give us your details and explore our products: https://lnkd.in/gyJG2Bh5 #IPOAlert #SEBIGuidelines #InvestmentSafety #SMEIPO #InvestSmart #SmallInvestorsProtection #StockMarketNews #startup #Networking #sharescart #privteequity #unlistedshares #startupindia #finance #bajajfinance #investment2024 #SEBIGuidelines #SMEIPOUpdate #InvestmentProtection #StockMarketRegulations #IPOInvesting #SmallInvestorSafety #Day1IPO #stockmarkettips

🚨 Big News in the Indian Food Delivery Market! 🚨 Swiggy, India’s food delivery leader, is set to boost its IPO plans by $150M, aiming to raise up to $1.4B and target a $15B valuation—up from $10.7B last year. 📈 🔑 Key Points: - IPO Plans: $150M fresh issue addition and offer for sale. - Valuation: Seeking $15B, reflecting significant growth. - Financials: $1.4B revenue for FY ended March 2024. - Market Dynamics: Fierce competition from Zomato, BigBasket, and Zepto. Swiggy is gearing up to secure shareholder approval on October 3. With strong backing from Prosus Ventures, SoftBank Investment Advisers, and Accel, Swiggy's ambitious plans mark a major step in its journey. 🔍 Stay tuned as Swiggy navigates the competitive landscape and positions itself for future growth! Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! Source: TechCrunch #FutureTechly #Swiggy #IPO #FoodDelivery #MarketTrends #Investment #Startups #IndiaBusiness

Interesting insights from PrivateCircle. Swiggy and Zomato are spicing up the food delivery game! As Swiggy readies for its IPO, the race for long-term success is heating up, with each serving up its own recipe for growth. 🔥 #SwiggyIPO #Zomato #FoodFight

As Swiggy gears up for its IPO, here's a snapshot of how it fares against its listed peer Zomato. 📊 Revenue Growth: Both Swiggy and Zomato saw significant revenue jumps after entering the quick commerce space, with Zomato surpassing Swiggy in total revenue in FY2024. 🏗️ Net Assets: Zomato’s fixed assets grew by 350% between FY2022 and FY2023, driven by its Blinkit acquisition, expanding its physical network of dark stores. 📈 YOY Growth: The pandemic years (2020-2022) saw YoY growth volatility due to the food delivery demand spike and post-pandemic correction. However, both companies stabilized their growth rates in 2023 and 2024. 💡 Profitability: While both have reduced losses since FY2020, only Zomato has turned EBITDA positive in FY2024. Data analysis by: Joslin Sequeira   Follow PrivateCircle for more such data-backed insights! 🚀 #FoodDelivery #QuickCommerce #SwiggyIPO #Zomato #Startups #Tech

Swiggy reported 30% revenue growth and reduced losses in Q2FY25, aiming for positive EBITDA by Q3FY26. Its core food delivery business is already profitable, with margins improving quarterly. New initiatives like Bolt, a 10-minute delivery service, now account for 5% of total food orders. Food delivery revenue rose 18% to ₹1,808 crore, while monthly transacting users increased to 14.7 million.  Swiggy is focusing on expanding Instamart in the competitive quick commerce space, where it lags behind Blinkit and Zepto. Instamart's revenue grew from ₹240 crore to ₹513 crore YoY. Swiggy holds ₹9,070 crore in cash, supporting its competitive growth strategies against Zomato and Zepto.  Follow us for more updates!   Visit www.kartto.com for more information.  #Swiggy #FoodDelivery #QuickCommerce #Instamart #BoltDelivery #Zomato #Zepto #Blinkit #ECommerce #TechInnovation #RapidDelivery #BusinessGrowth #RevenueGrowth #Profitability #Startups #IPO #CustomerExperience #FoodTech #TechStack #IndiaStartups #MarketCompetition

💰📈Reflecting on my 2020 article about the transformative journey of Swiggy & Zomato it’s impressive to witness how both companies have grown into leaders of India’s food & grocery delivery industry. Today, Swiggy joins Zomato in going public with a significant milestone, launching a $1.4 billion IPO🔥 Swiggy and Zomato have not only reshaped the competitive landscape, leading to the acquisition of Uber Eats operations by Zomato and the exit of Foodpanda from the Indian market, but they have also continuously innovated. Swiggy’s Instamart and Zomato’s acquisition of Blinkit are perfect examples of their efforts to expand beyond traditional food delivery into quick commerce, something that e-commerce giant Amazon couldn’t capitalise on in the Indian market despite their infrastructure & capital muscle! With their vast networks of close to 1 Million delivery partners(Combined estimate) the two brands drive economic growth and create numerous job opportunities across hundreds of Indian cities. It’s inspiring & heartwarming to see two Indian startups adapt and expand over the last decade! More power to the two companies to keep scaling further🚀🇮🇳 Link to my article from 2020: https://lnkd.in/eXijRssm #Swiggy #Zomato #IPO #Innovation #IndianStartups #EconomicImpact #india #quickcommerce #fooddelivery