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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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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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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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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Zomato's Money-Making Recipe 🍔 💰 Ever wondered what drives Zomato's revenue? Here's a breakdown of their money-making recipe for the #financial year 2024: 📈 Revenue Sources: - Food Delivery: 52.5% of revenue 🍕 The core of Zomato's business-bringing restaurant meals to your doorstep with quick and convenient service. - Hyperpure by Zomato : 26.1% of revenue 🥦 Zomato's #B2B venture provides high-quality ingredients and kitchen essentials to restaurants. - Blinkit (India's Last Minute App): 18.9% of revenue 🚒 The "last-minute" delivery app for groceries and essentials, catering to customers who need items fast. 🎉 - #Zomaland & Others: 2.5% of revenue Zomato's events and other ventures add to its diverse business #portfolio. 💡 Key Takeaway: Food delivery remains the biggest chunk of Zomato's earnings, but its other ventures like Hyperpure by Zomato and Blinkit are growing and diversifying its revenue streams. The financial landscape of companies like Zomato India shows how they adapt and innovate to stay competitive. 💬Thoughts? Do you think Zomato's diverse strategies will continue to pay off? Let's chat in the comments below! P.S. If you find this helpful, please share it!♻️ For more content like this, follow my Linkedin page: Shubham bansal
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Zomato India has transformed from a food delivery giant to a diversified business powerhouse, showcasing a 389% jump in profits to ₹176 Cr in Q2 FY25 compared to the same period last year. While food delivery remains its core revenue driver (45.6%), the company is strategically expanding into other high-growth areas: 🔸 Quick Commerce (Blinkit) contributes 22.5% of revenue, tapping into the rising demand for instant grocery delivery. 🔸 Hyperpure B2B supplies, making up 28.7%, focuses on restaurant procurement, streamlining the supply chain for essentials and creating a new revenue stream. 🔸 Zomato Live supports the "Going Out" segment, contributing 3%, an innovative addition that targets the entertainment and dining-out culture. 🔸 Minimal yet growing contributions come from other ventures as Zomato explores further possibilities. What do you think of Zomato's business model? #zomato #business #blinkit #quickcommerce Deepinder Goyal
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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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#Knowledgeable_SundayFunday Zomato: The Hunger Games of Food Delivery🍕🚴♂️ 🍽️ Zomato: A Game-Changer in Food Delivery or Facing the Heat? Zomato has completely redefined how we think about food delivery in India. With just a tap, we can have our favorite meals delivered right to our doorstep. But is the convenience enough to outweigh the challenges this sector faces? ⚖️ Convenience or Competition? While Zomato made food delivery incredibly easy, competition in the food tech space is fiercer than ever. Swiggy, UberEats (until its merger with Zomato), and new entrants are keeping Zomato on its toes. Is Zomato staying ahead, or just one of many players in an over-saturated market? 🚫 Challenges Behind the Scenes Despite its popularity, Zomato has faced criticism over its treatment of delivery workers, operational costs, and the sustainability of deep discounts. The question remains: is the service sustainable for the long haul, or are cracks starting to show in the model? 🔍 The Future of Food Tech Zomato’s expansion into new areas like groceries and premium services shows that the company isn’t afraid to innovate. But with rising competition and increasing demand for better working conditions, the challenge is to balance growth with responsibility. 💡 Did You Know? Zomato was originally launched as a restaurant listing site in 2008, known as Foodiebay. It wasn’t until 2015 that it expanded into the food delivery space, transforming the way we dine. ✨ Brands Feeding the Nation From Zomato to Swiggy, food tech has taken over our kitchens. The real challenge for these brands is how to ensure growth without compromising on ethics and sustainability. #Zomato #FoodTechRevolution #ConvenienceVsSustainability #FutureOfDelivery #IndianStartups #FoodDeliveryTrends #DigitalDining
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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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Zomato has transformed from a food delivery giant to a diversified business powerhouse, showcasing a 389% jump in profits to ₹176 Cr in Q2 FY25 compared to the same period last year. While food delivery remains its core revenue driver (45.6%), the company is strategically expanding into other high-growth areas: 🔸 Quick Commerce (Blinkit) contributes 22.5% of revenue, tapping into the rising demand for instant grocery delivery. 🔸 Hyperpure B2B supplies, making up 28.7%, focuses on restaurant procurement, streamlining the supply chain for essentials and creating a new revenue stream. 🔸 Zomato Live supports the "Going Out" segment, contributing 3%, an innovative addition that targets the entertainment and dining-out culture. 🔸 Minimal yet growing contributions come from other ventures as Zomato explores further possibilities. What do you think of Zomato's business model? #zomato #business #blinkit #quickcommerce Deepinder Goyal
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