Sumanjan Kumar C S’ Post

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

After Zomato, will Swiggy also fail? Zomato went public in 2022. People were excited about the news because Zomato is one such brand that they share emotional value with. But was it worth it? No, its IPO failed miserably due to many reasons including its high stock value. ➡ Now comes Swiggy with its latest news to go public. Swiggy isn’t just a food delivery app, but also provides other benefits like Instamart and Genie. These (side) services have made the app more useful than ever. Although they have not submitted the required IPO document to the Securities and Exchange Board of India (SEBI), they still plan to raise the fund of Rs 750 crore in a pre-IPO round from the investor. The official date hasn’t been announced yet, but people are already very excited about it. The food delivery industry is highly competitive where Swiggy and Zomato capture the maximum market. Will Swiggy cross the hurdles that Zomato faced? What are your thoughts? #swiggy #zomato #ipo #funding #startup

Zomato rival Swiggy has reported strong financial growth as it prepares for the much-awaited initial public offering (IPO). The Bengaluru-based company achieved a 36% rise in operating revenue, reaching Rs 11,247 crore for the fiscal year 2024 (FY24), according to reports. Alongside this growth, Swiggy reduced its annual losses by 44%, bringing them down to Rs 2,350 crore. In comparison, Zomato—Swiggy’s primary competitor—saw its revenue surge by 71% in FY24, totalling Rs 12,114 crore. This included Rs 6,161 crore from its food delivery business and Rs 2,301 crore from its grocery delivery service, Blinkit. Read the full story here: 👇 https://lnkd.in/drrxcgMv #swiggy #food #delivery #company #business #startup #indianstartupnews

Can Swiggy Replicate Zomato’s Success On The Bourses? Swiggy IPO Size & Valuation Concerns: Swiggy is increasing its IPO size to INR 10,000 Cr (~$1.5 Bn) with a target valuation of $15 Bn, which has raised concerns among analysts and investors due to its high valuation and significant losses. Comparison with Zomato: Swiggy lags behind Zomato in key metrics such as gross order value (GOV), user base, and quick commerce, with Zomato holding 55% market share in food delivery and stronger growth in quick commerce through Blinkit. Quick Commerce Growth: Quick commerce is becoming a significant growth driver for both Swiggy and Zomato, though Swiggy is trailing Zomato in terms of GOV and store numbers in this segment. Future Business Models: Both Swiggy and Zomato are expected to diversify their business models, following the global trends of companies like DoorDash and Uber Eats, expanding into multiple sectors beyond food delivery. Investment Outlook: Analysts believe Swiggy’s IPO has potential, especially for long-term investors, but warn that short-term investments may be risky. Swiggy is expected to achieve profitability soon, boosting its attractiveness as a multi-bagger. Read More: https://lnkd.in/gYG2wyhW

🚀 Zomato Raises $1B in First Major Fundraise Since 2021 IPO 🚀 Zomato, India’s leading food delivery and quick-commerce giant, has raised $1 billion in its first major fundraising round since its 2021 IPO. The company issued 336.5 million shares at ₹252.62 each ($3), with strong support from top Indian mutual funds. 💥 Key Highlights: Largest Investor: Motilal Oswal’s funds secured 20.81% of the shares. Strategic Shift: The fundraising lowers foreign ownership below 50%, enabling Zomato’s quick-commerce arm, Blinkit, to adopt an inventory-led model, allowing better control over products and warehousing. Market Impact: Zomato’s market cap is now about $30 billion, with shares up 127.7% year-to-date. This fundraising round comes on the heels of Swiggy’s $1.35 billion IPO and Zepto’s $350 million raise, signaling an intense competitive phase in the quick-commerce sector, where Zomato aims to maintain its 40% market share. With rivals like Swiggy, Zepto, BigBasket, and new entrants such as Flipkart and Amazon joining the quick-commerce race, Zomato’s strategic move ensures it stays ahead in this rapidly growing industry. Stay tuned for more updates on how Zomato continues to dominate the quick-commerce space! 📈🍔 #CyntexSolutions #Zomato #FoodDelivery #QuickCommerce #FundingRound #InvestmentNews #TechNews #StartupGrowth #BusinessUpdates #Blinkit #IndianTech #IPO #MarketGrowth #Competition #Innovation #TechTrends #IndianStartups #VentureCapital

Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato’s worth Swiggy, one of India’s largest food delivery and quick commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s market cap. The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41-$4.64) per share for next month’s IPO. […] https://lnkd.in/dvfFU4-G

🚀 Zomato’s Strategic Fundraising vs. Swiggy’s IPO: What It Means for Quick-Commerce I've been intrigued by the recent fundraising activities of Zomato and Swiggy. In my view, Zomato's decision to raise over $100 million through Qualified Institutional Placement (QIP) ahead of Swiggy's anticipated $800 million+ IPO is a shrewd strategic move. Both companies are clearly positioning themselves for dominance in the rapidly expanding quick-commerce market. 💡 In my analysis, Swiggy will likely use its IPO funds to expand its delivery network, scale up customer acquisition efforts, and enhance its technology for better user experience. On the other hand, I expect Zomato to focus its new capital on bolstering its quick-commerce arm - speeding up deliveries, expanding geographically, and boosting operational efficiency. 🧠 What impresses me most about Zomato's strategy is its timing. By raising funds now, they're ensuring they have the resources to potentially outpace Swiggy and other competitors in the fast-delivery space. I see this as a preemptive strike that could give them a significant edge, allowing them to not only dominate food delivery but also make inroads into the broader e-commerce landscape 🛒. In my opinion, this forward-thinking approach demonstrates Zomato's commitment to staying ahead of the curve. It's a move that I believe positions them well for future success in this highly competitive market. A strategic play for the win! 🏆 What are your views? #ZomatoVsSwiggy #QuickCommerce #IPO #StrategicGrowth #FoodTech #Ecommerce #Startups #Fundraising #TechStrategy #Zomato #Swiggy

**Is Zomato's $1B Fundraise a Game-Changer in the Quick Commerce Battle Against Swiggy?** 🚀 Exciting times ahead in India's food delivery landscape! Zomato has just announced its board’s approval to raise a whopping $1 billion through a qualified institutional placement—marking its first significant funding move since its 2021 IPO. As the competition heats up with Swiggy gearing up for its public debut, this bold step by Zomato raises an important question: What strategies should food delivery platforms leverage to outpace their rivals and capture market share? The healthy rivalry between these two titans is set against the backdrop of rapid growth and evolving consumer preferences in the quick commerce sector. With Swiggy polishing its IPO plans, stakeholders are eagerly speculating how this fundraise might not only bolster Zomato’s operational capabilities but also reshape their marketing and expansion strategies. This sudden surge of capital could be pivotal, potentially allowing Zomato to enhance technology infrastructure, improve customer experience, and diversify service offerings. As they prepare for what lies ahead amid mounting competition, it will be interesting to see how both companies adapt and drive innovation within the market. Let’s discuss: How do you think this funding will change the dynamics of quick commerce between these formidable competitors? Will it lead to significant advancements in service or merely offer temporary advantages? ✨ Also, if you're passionate about driving innovation within your own business or startup endeavors, let's connect! I’m here to help you navigate corporate innovation successfully. Book a meeting today: https://lnkd.in/dFYwmbHq #Zomato #Swiggy #IndiaFoodDelivery #QuickCommerce #Funding #CorporateInnovation #StartupEcosystem #IPOnews #TechNewsIndia #FoodTech Read more about this development here: https://lnkd.in/dHF2kBtz

🚨 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