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Zomato, Swiggy And The New Shades Of Food Delivery

Inc42Inc42 · 1y ago
Zomato, Swiggy And The New Shades Of Food Delivery
Medial

Food delivery in India, particularly outside of metros and cities, is facing slow growth as quick commerce platforms like Blinkit, Zepto, and Swiggy Instamart gain popularity. The availability of ready-to-eat products and groceries on these platforms has impacted the food delivery business. Zomato's food delivery gross order value declined quarter-on-quarter, while quick commerce saw significant growth. Both Zomato and Swiggy are relying on platform fees to increase their take rate, but the future growth for food delivery depends on the growth in the restaurant business and attracting new customers. Despite the challenges, Zomato aims to optimize profits and improve profitability. Start-up funding in India has also seen a decline. Delhivery plans to expand into drone manufacturing and freight air transportation services.

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LivemintLivemint · 8m ago
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Several food delivery apps in India, including Zomato and Swiggy, are competing to offer quick food delivery to customers in under 10 minutes. Some companies, like Zomato unit Blinkit's Bistro and Zepto Cafe, have in-house kitchens to swiftly cook and assemble food, while others, like Swiggy, partner with restaurants like Starbucks and McDonald's. The rise of technology and ultra-fast delivery has transformed the industry in India, catering to an urban population that desires instant gratification. Brokerages see rapid food delivery as a new growth avenue in India's online food delivery market, which is expected to more than double to $15 billion by March 2029.

Betting on Swiggy and Zomato: Can India’s food delivery titans deliver?

LivemintLivemint · 9m ago
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Medial

The Indian food delivery market is currently dominated by Swiggy and Zomato, with the two companies controlling nearly the entire sector. Swiggy recently had its much-anticipated IPO, but its stock performance has been lackluster compared to Zomato. Both companies are grappling with questions around growth, revenue potential, and profitability. The Indian food delivery market is on a strong growth trajectory, but achieving sustained profitability remains a challenge due to thin margins and high costs. Additionally, the emergence of quick commerce (Q-commerce) has become a hot topic, offering new opportunities and challenges in grocery delivery. Investors should closely monitor the performance of Swiggy and Zomato, considering the potential for long-term growth but also assessing the risks involved.

After Swiggy, Zomato launches advance order scheduling

YourStoryYourStory · 10m ago
After Swiggy, Zomato launches advance order scheduling
Medial

Food delivery platforms Zomato and Swiggy continue to enhance their services with new features. Zomato has introduced an Order Scheduling feature, allowing customers to plan food deliveries up to two days in advance, with options for rescheduling and cancellations. Swiggy had previously introduced a similar service called Scheduled, which allows users to pre-order meals within specific delivery slots. Both platforms aim to optimize order flow and enhance user satisfaction. Additionally, Zomato has launched Group Ordering, which simplifies ordering for groups by creating a shared cart. The platforms are also actively pursuing fundraising efforts. Zomato plans to raise around $400-500 million, while Swiggy aims to raise Rs 3,750 crore.

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