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Exciting times in the food delivery sector as Swiggy and Zomato continue to evolve and compete! 🚀 While both giants have significantly reduced losses since 2020, Zomato has even managed to turn a profit. Swiggy, on the other hand, is on a growth path with its recent initiatives like the 10-minute delivery service, Bolt, and the launch of its XL EV fleet to cater to larger orders. The future of quick commerce looks promising, with Zomato revitalizing its hyperlocal logistics service, Xtreme, and investing heavily in assets for delivery efficiency. It's fascinating to watch how both companies are strategizing to not just keep up but also to carve out their unique space in this competitive landscape. #FoodDelivery #Ecommerce #QuickCommerce #Zomato #Swiggy #Innovation #Logistics #Startups #BusinessStrategy

Quick commerce's burning brighter as players add more fuel: Zomato's move to raise fresh funds through a qualified institutional placement (QIP) despite sitting on $1.5 billion, or about Rs 12,600 crore, of cash has stirred up an already fired-up quick commerce sector. While some see it as a way to distract investors away from arch-rival Swiggy’s $1.25-billion IPO scheduled for mid-November, others fear an escalation of cash burn in the quick-commerce space, hurting unit economics, with Zepto too looking to raise fresh capital despite scooping up $1 billion over the past four months. #mediaandbrandchronicles #quickcommerce #ecommerce #EcommerceSuccess #EcommerceBusiness #zomato #swiggy #startup #startuplife #startupbusiness #startuplife #StartupNews #startupindia #StartupSuccess

🚀 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

Zomato celebrates Swiggy’s landmark moment with a creative post showcasing the food delivery giants standing side by side in front of the stock exchange. The post humorously reflects Zomato's own journey since its IPO in 2021, as it welcomes Swiggy to the stock market club. With Swiggy now listed, the food tech industry in India reaches new heights, marking a significant development for investors and enthusiasts alike. This symbolic image not only highlights the growth of these companies but also signals a thriving era for the Indian startup ecosystem. 🚀📈 #SwiggyIPO #Zomato #StockMarketDebut #FoodDeliveryRevolution #IndianStockMarket #StartupMilestone #SwiggyListed #FoodTech #FinanceNews #InvestmentOpportunity #IndianStartups #TechGiants

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

Swiggy's IPO Journey, Balancing Losses with Market Potential Read more on the link below 👇 Follow Xartup for daily startup news #startup #business #startupindia #swiggy #delivery #food #news

Foodtech giant Swiggy has filed an updated draft red herring prospectus (DRHP) with SEBI for an INR 10,000 Cr IPO. This includes a fresh issue worth INR 3,750 Cr and an offer for sale (OFS) of 18.53 Cr shares, with major investors like Accel, Alpha Wave, and Tencent selling shares. Swiggy plans to use the funds for marketing, tech upgrades, acquisitions, and expanding Scootsy’s dark store network. Scootsy will offer supply chain services, including warehouse management. The IPO comes after SEBI's approval, and the company will list on NSE and BSE. Swiggy saw a 35% revenue increase in Q1 FY25 but faced wider losses. Founded in 2014, Swiggy competes with Zomato and has attracted investments from celebrities. Follow for the Latest Business, Startup & Finance News and Updates. #swiggyipo #startups #foodtech #ipo #marketnews #businessnews #sebi #quickcommerce #instamart #darkstores #indianstartups #investors #stockmarket #financialnews

𝗘𝘃𝗲𝗿 𝗶𝗺𝗮𝗴𝗶𝗻𝗲𝗱 𝗮 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗼𝘂𝘁𝗽𝗮𝗰𝗶𝗻𝗴 𝗶𝘁𝘀 𝗽𝗮𝗿𝗲𝗻𝘁 𝗰𝗼𝗺𝗽𝗮𝗻𝘆'𝘀 𝗰𝗼𝗿𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗶𝗻 𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻? 𝗠𝗲𝗲𝘁 𝗕𝗹𝗶𝗻𝗸𝗶𝘁! Did you know 𝗭𝗼𝗺𝗮𝘁𝗼'𝘀 acquired startup, 𝗕𝗹𝗶𝗻𝗸𝗶𝘁, has outpaced its parent's core food delivery business in valuation? Goldman Sachs marks it at a whopping $𝟭𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻! 🚀💼 Blinkit’s valuation surge is linked to its standout performance, with its gross order value tracking over 𝟱𝟬% 𝗵𝗶𝗴𝗵𝗲𝗿 than projected a year ago. It's forecasted that Blinkit's GOV will shoot up at a yearly rate of 53% between FY24-FY27, propelling Zomato's revenue. 💰💹 Interestingly, Blinkit's earnings can even surpass those of the food delivery section. The quick commerce business is predicted to continue snatching 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 from slotted delivery, aiming for approx 70% of India's online grocery market in the coming 2-3 years. 🛍️🔝 The Street, as per 𝗚𝗼𝗹𝗱𝗺𝗮𝗻 𝗦𝗮𝗰𝗵𝘀, may still be undervaluing Zomato's growth and earning potential in online groceries. 🎯💵 Remember, Zomato 𝗽𝗿𝗼𝗰𝘂𝗿𝗲𝗱 Blinkit for only $568 million in 2022. But given its implied valuation growth, Blinkit marks a golden goose for Zomato today. 💸🌟 #Zomato #Blinkit #Startup #Valuation #Acquisition #GoldmanSachs #Revenue #OnlineGrocery #QuickCommerce #MarketShare #Earnings #Growth 𝗙𝗮𝘀𝗰𝗶𝗻𝗮𝘁𝗶𝗻𝗴 𝘀𝘁𝗮𝘁𝘀 𝗮𝗯𝗼𝘂𝘁 𝗕𝗹𝗶𝗻𝗸𝗶𝘁! 📈 𝗪𝗵𝗮𝘁 𝗱𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸 𝗮𝗯𝗼𝘂𝘁 𝗭𝗼𝗺𝗮𝘁𝗼'𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗺𝗼𝘃𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗼𝗻𝗹𝗶𝗻𝗲 𝗴𝗿𝗼𝗰𝗲𝗿𝘆 𝗴𝗮𝗺𝗲? 𝗟𝗲𝘁'𝘀 𝗵𝗲𝗮𝗿 𝘆𝗼𝘂𝗿 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀! 🛒💡

🚀 Zomato’s Acquisition of Blinkit: From Risky Bet to Strategic Masterstroke 🚀 When Zomato acquired Blinkit (formerly Grofers) in 2022, many called it a risky move—high cash burn, an unfamiliar quick-commerce model, and fierce competition. But today, Zomato has turned Blinkit into a powerful asset in its business portfolio. The numbers speak volumes: 🔑 Key Highlights: Blinkit’s revenue surged 2.4X in Q1 FY25 to ₹942 crore from ₹384 crore the previous year. Profitability: Blinkit swung from a loss of ₹105 crore in Q1 FY23 to a profit of ₹43 crore in Q1 FY25. Gross Order Value (GOV) increased by 2.3X to ₹4,923 crore, with order volumes hitting 78.8 million. Zomato achieved its first full-year profit in FY2023-24, supported by Blinkit’s turnaround and a 44.6% increase in total revenue. What seemed like a distressed acquisition has proven to be a strategic masterstroke, thanks to Zomato's focus on: Operational efficiency and integration with its core food delivery platform. Expanding Blinkit’s hyperlocal dark stores to improve delivery times. Prioritizing profitability over pure growth, reducing cash burn while boosting revenue. Zomato's bold approach shows how calculated risks can lead to transformative business outcomes. 💡 What are your thoughts? Is Zomato's success with Blinkit a sign of the future for quick-commerce? Let’s discuss! Follow Atishay Jain for more such content #finance #investment #linkedin #Zomato #Blinkit #Startups Parth Verma