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kapil jadhav

Medial • 1y

Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of this year. But, considering its FY23 results, it still seems like a distant dream. On the other hand, Zomato made a profit of INR 116.90 Crore in FY23. Total revenue was 5506.90 Crores. ________________________________________ Market Share Supremacy In 2020, Swiggy reigned supreme with a 52% market share. In the three years since, it has ceded market share to its arch-rival, with it’s market share falling to 45 percent.

zomato

swiggy

Votes: 42

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Account Deleted

Hey I am on Medial • 6m

swiggy losses continuously grow.losses cross 929 crore due to expansion of Instamart dark stores and also Swiggy Instamart market share down 3.4 %

Mahendra Lochhab

Content creator • 9m

Swiggy to invest Rs 1,000 Cr in subsidiary Scootsy for biz expansion

Harsh Dwivedi
•

Medial • 1y

Top news of the day- 1. Astrotalk raised Rs. 160 Cr ($20M). 2. Amber raised Rs. 168 Cr ($21M). 3. Byju’s FY23 revenue is Rs. 6509 Cr. 4. Navi is seeking to raise Rs. 600 Cr. 5. D2C food brand Yu raised Rs. 20 6. EV manufacturer Corrit raises Rs. 5

5 Replies

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

boAt: Riding the Audio Wave (with a Recent Setback) Company: boAt (founded 2016) Industry: Consumer Electronics (Audio) Challenge: Stand out in a crowded audio market. Solution: Stylish, budget-friendly audio for young consumers. Results: Growt

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mg

mysterious guy • 9m

LIC losses Rs 84000 crore in Indian stock market crash

2 Replies

Harsh Dwivedi
•

Medial • 1y

Top news from today- 1. Neodocs bags $2M 2. Zomato posts 138 Cr profit PAT. 3. Infra.Market’s revenue scales to Rs. 11,846 Cr in FY23 up from Rs. 1240 Cr in 2021. 4. EV financing startup Vidyut raised $5M in series A. 5. DailyHunt’s parent Verse

4 Replies

Mridul Das

Introvert! • 7m

Blood bath in Indian Stock market today ! India's top 3 biggest stock loses multi billion dollar 💵 worth Market cap 📉 Reliance Rs 51000cr🤯 HDFC Bank Rs 44000 cr🤯 ICICI Rs 32000 cr🤯

Anonymous

Hey I am on Medial • 1y

Slice CEO Rajan Bajaj received just Rs 12 in salary as losses grew nearly 60% in FY23: Report • Rajan Bajaj, the founder and CEO of fintech unicorn Slice, received a salary of just Rs 12 in FY23. • In contrast, FirstCry CEO Supam Maheshwari receive

12 Replies

Business karo India

Business karo India ... • 4m

Do you agree **Two types of startups dominate India today:** 1. **Profit-focused startups** – They grow steadily, solve real problems, and build sustainable models. 2. **Valuation-focused startups** – They chase funding, burn cash on discounts, an

Mahendra Lochhab

Content creator • 1y

X (formerly Twitter) reported total annual revenue of Rs 21.16 crore for FY23-24 in the Indian market, a significant decrease of 89.81 per cent from Rs 207.69 crore in FY 2022-23.