In Q1 FY25, Zomato and Swiggy highlighted their contrasting growth paths. Here's a breakdown: 1. Zomato - Revenue: ₹4,206 Cr (up by 18%) - Profit: ₹253 Cr (up by 44%) - Blinkit Revenue: ₹942 Cr (up by 22.5%) 2. Swiggy - Revenue: ₹3,222 Cr (up by 34.8%) - Loss: ₹611 Cr (up by 8.3%) - Instamart Revenue: ₹374 Cr (up by 108%) While Zomato is showing significant gains in both revenue and profitability, Swiggy’s high revenue growth in Instamart stands out, even as losses rise. The competitive landscape continues to evolve, with each player focusing on different avenues for growth. #ZomatoVsSwiggy #Q1FY25 #FoodTech #QuickCommerce #IndianStartups
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Side-by-Side Comparison of Swiggy vs Zomato for FY24 Revenue Growth: Zomato posted higher revenue growth at 71%, compared to Swiggy’s 36%. Profitability: Zomato achieved profitability with a ₹ 351 Cr profit, while Swiggy posted a significant ₹ -2,350 Cr loss. Grocery Business: Zomato's BlinkIt achieved a GMV of ₹ 2,301 Cr, doubling Swiggy's Instamart GMV of ₹ 1,100 Cr. Food Delivery Revenue: Both platforms are almost neck-and-neck in food delivery revenue, with Zomato slightly ahead at ₹ 6,361 Cr over Swiggy’s ₹ 6,100 Cr. Insights: ~ Zomato’s profitability in FY24 puts it in a stronger financial position compared to Swiggy, which is still grappling with losses. ~ BlinkIt’s GMV being more than double that of Instamart shows Zomato’s strong position in the quick-commerce (grocery) segment. ~ Both companies remain leaders in the food delivery space, with comparable revenues from this segment. #BusinessComparison #Swiggy #Zomato #StartupSuccess #FinancialPerformance #EcommerceGrowth #FoodDelivery #QuickCommerce #Profitability #RevenueGrowth #Instamart #BlinkIt #IndianStartups P.C- TheKredible
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Today is Swiggy's day, but it looks like Zomato is trying to steal the limelight. As the food delivery giants gear up for their highly anticipated IPOs, the competition between them has intensified. It'll be interesting to see which company comes out on top in this epic battle for supremacy in India's booming food delivery space. Both Swiggy and Zomato have their strengths, and each is vying to capture a larger slice of the pie. With their deep pockets and armies of loyal users, this rivalry is sure to heat up in the coming months. #swiggy #zomato #ipo
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Swiggy’s revenue from operations zoomed 35% to INR 3,222.2 Cr during Q1 FY25 on the back of strong growth in its food delivery and quick commerce businesses! Let’s take a closer look👇 ➡️ IPO-bound Swiggy widened its consolidated net loss by over 8% to INR 611 Cr in Q1 FY25 from INR 564.08 Cr in the year-ago period owing to a surge in operating costs ➡️ The food delivery vertical accounted for INR 1,518 Cr of Swiggy’s total operating revenue in Q1 FY25 as compared to INR 1,200 Cr in the corresponding quarter last year. ➡️ The growth was primarily driven by an increase in gross order value (GOV) from INR 5,958.7 Cr in Q1 FY24 to INR 6,808.3 Cr in the Q1 FY25. ➡️ Meanwhile, Swiggy’s quick commerce arm Instamart clocked a revenue of INR 374.1 Cr in the reported quarter, a 107% jump from INR 180 Cr in Q1 FY24. ➡️ The quick commerce vertical’s growth was fuelled by a rise in GOV, which jumped to INR 2,724 Cr in Q1 FY25 from INR 1,741.5 Cr in the year-ago period. ➡️ While Swiggy saw its net loss widen in Q1, its rival Zomato posted a multifold YoY jump in its consolidated net profit to INR 253 Cr during the same period. #financials #swiggy #ipo #valuation #revenue #startups #operations #business #growth #marketing #strategy #India #Inc42
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🚨Early Access To Exclusive Swiggy Report🚨 Swiggy is going for IPO at Rs 95,000 crore valuation - 8.5 times its trailing FY24 revenue. Rival Zomato has a market cap of Rs 218,257 crore - 18 times its trailing FY24 revenue. Swiggy is giving a 50% valuation multiple discount. Why ❓ Swiggy won the first leg of the race for food and quick deliveries between 2015 and 2021, but now Zomato holds the top position in both segments. More importantly, Zomato has also been able to reach profitability and break-even across both these segments. This raises important questions about Swiggy’s future. If Swiggy is to outpace Zomato in the coming decade, incremental gains in market share or marginal growth will not be enough. The company will need to deliver new products that significantly expand its total addressable market (TAM). While a publicly listed Zomato chases aggressive targets, Swiggy continues to move carefully in every area, whether monetisation or cost-cutting. All of this goes back to the very different DNAs of the two companies, which are driven by their founders. In this extensively researched report, The Arc provides an exclusive profile of Swiggy’s reclusive founder, Sriharsha Majety, based on over a dozen interviews. We also explore how Swiggy’s top management team is structured, how its product strategy differs from Zomato’s, and what the future may hold. Report link in comments 👇 #swiggy #zomato #quickcommerce #fooddelivery #ipo #swiggyipo #zepto
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Can Swiggy Achieve a $12 Billion Valuation in Its IPO? Yes! Why? ⚡ Food-Tech is a Tough Duopoly Zomato, holding a 55% market share, is valued at nearly $20 billion. Thus, a $12 billion valuation for Swiggy isn't far-fetched. ⚡ Expansion in Food is Challenging While Zomato might gain some market share with better customer service and UX, the duopoly will likely persist. But There Are Red Flags: 🚩 Swiggy Recorded a ₹4000 Crore (~$500M) Loss in FY23! This isn’t a deal-breaker: Zomato was also loss-making during its IPO. The public market pushed it towards profitability within a few years. Swiggy is already on the way: It's increasing platform fees and reducing headcounts! 🚩 Fierce Quick Commerce Competition Zepto, BigBasket, and others are huge competitors in quick commerce. With revenue concentrated in the top 8 cities, expansion hinges on delivery efficiency and prudent expansions. 🧐 So, What’s the Result? My Predictions: 🚀 Swiggy Will Raise $1 Billion or More from the IPO 🚀 It will Turn Profitable in 1-2 Years 🚀 Future profits will come from cracking quick commerce (BlinkIt has an edge, but faces tough competition from Zepto and Instamart) 😭 And for Non-Investors? Mango people like me will cover of VC losses with: 🟥 Increased Grocery Prices on Instamart 🟥 More Platform and Delivery Fees 🟥 Lower Discounts #Swiggy #IPO #UttiMusings
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Swiggy is set to make waves with its ₹11,664 crore IPO, poised to become a landmark event in the Indian food tech industry. But how does it stack up against Zomato, its key competitor, which has seen a remarkable 120% stock increase in the last year? While Zomato has leveraged its data to branch into successful ventures like Blinkit, Swiggy takes a different approach with its super app model. Instead of multiple apps like Zomato, Swiggy operates through one unified platform, providing shared infrastructure, reducing customer acquisition costs, and increasing user engagement through cross-selling opportunities. However, despite the efficiency of this model, Swiggy is still in the red, facing market skepticism and stiff competition. With Swiggy's DRHP highlighting their strengths like the Hub and Spoke delivery model (which improves efficiency by up to 20%) and innovations in user experience, it’s clear they’re playing the long game. But challenges like losing market share, leadership instability, and profitability concerns still loom large. As Swiggy gears up for its IPO, the question remains: Will their innovation-first strategy allow them to gain an edge over Zomato in the long term, or will Zomato’s first-mover advantage in tier 2 and 3 cities continue to give it the upper hand? #IPO #Swiggy #Zomato #FoodTech #Innovation #BusinessModels
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SWIGGY OR ZOMATO ERA? No wonder people say, that "People at the bottom are competing, whilst people at the top are busy collaborating". Will we be paying one more "COLLABORATION CHARGE" for every order on these apps now Deepinder Goyal?🤔😂 As per GMP, we all expected a listing loss, however Swiggy managed to close the trading session with 16.9% premium. Zomato's share price has grown 112% over the year. It will be interesting to see what trajectory Swiggy follows and what it does with the Rs. 11300 crore it has raised now to turn around its business. #IPO #Zomato #Swiggy #Markets #Food
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Swiggy is eyeing a $15B-$17B valuation for its upcoming #IPO, driven by increased average order values (AOV) and cost-saving measures. The food tech giant, valued at $10.7B in 2022, aims to raise $1.3B, with its draft prospectus expected in September. In FY24, Swiggy's revenue rose 36% to ₹11,247 crore, but it posted a ₹2,350 crore loss, while competitor Zomato reported ₹12,114 crore in revenue and a ₹175 crore profit. 📈 Swiggy’s quick commerce arm saw 120% growth, positioning it to compete with Zomato's Blinkit and emerging players like Zepto. by Akshita Toshniwal & Nikhil Patwardhan | #SwiggyIPO #Zomato #QuickCommerce #FoodTech Read more 👇 https://lnkd.in/dDS5E5Jy
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🚀Swiggy vs Zomato: The Battle of the Food Delivery Giants! 🚀 The food delivery market in India is heating up as Swiggy and Zomato go head-to-head. With Swiggy's IPO just around the corner, it's time to dive into the details and see how it stacks up against Zomato. 📈🍽️ 🔍 Key Comparisons: IPO Size: Swiggy aims to raise ₹11,327 crore vs. Zomato's ₹9,375 crore. Price Band: Swiggy at ₹371-390 per share, Zomato at ₹72-76 per share. Market Innovations: Swiggy Genie, Mini, Instamart vs. Zomato's Hyperpure and Pro. Factors to Watch: Growth Potential: Can Swiggy's innovative services outpace Zomato's market presence? Customer Experience: Who leads in user satisfaction and delivery speed? Curious about the investment opportunities? Who will win the market share battle? Stay tuned and let's explore together! 🌐✨ #swiggyvszomato #ipo #investing #fooddelivery #finance #markettrends #innovation
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🥊 Swiggy and Zomato have been engaged in a high-stakes battle in food delivery since 2014 and the quick-commerce industry since 2021. Both companies, based in Gurgaon and Bangalore, are gearing up to take their battle to the stock market in Bombay. Swiggy is set to reveal its IPO papers in the coming days, while Zomato has been listed since 2021. The Arc recently got hold of Swiggy's FY24 annual report and has put together a comprehensive comparison in four detailed graphics. 1️⃣ At a consolidated level, Swiggy is still facing losses, although there has been a decrease. In contrast, Zomato achieved profitability last year. When analyzing consolidated financials, it's evident that Swiggy's advertising and employee expenses are 20-30% higher than Zomato's. 2️⃣ In food delivery, Zomato has consistently outperformed in key metrics such as gross sales, revenues, and active users over the past few years. However, both companies boast similar average order value (AOV) and take rate. 3️⃣ The emerging battleground of quick commerce has seen both companies facing competition from Zepto, Flipkart, and Tata-owned Bigbasket. Zomato gained an edge in this arena through its acquisition of Blinkit, which has much higher gross sales and revenues as compared to Swiggy. 4️⃣ As for the smaller arena of restaurant reservation and bill payments, Zomato has a strong foothold thanks to its legacy focus on dining out. Swiggy made its foray into this space in 2022 with the acquisition of Dineout from Times Internet. Now Zomato has also entered events, sports and movie ticketing. Want more details ❓ Article 🔗 in the comments section 👇 #fooddelivery #quickcommerce #startups #unicorns #swiggy #zomato #IPO #zepto
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