Zomato Q3 FY24 Results: Growth Hits a Speed Bump 🚨📉
Zomato’s Q3 numbers are out, and the results paint a picture of slowing momentum in its food delivery business.
📊 Key Numbers:
- Gross Order Value (GOV): Grew by just 2% QoQ to ₹7,318 crore,
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Chintan Udani
I'm a pro medialist • 4m
Come to tier 3 cities, there are no orders at all and no orders means no market so on what basis they are running this thing
Just as we look at India’s second-hand car market, we can similarly look at India’s second-hand mobile market. There is still a significant gap here, especially in Tier 3 and Tier 4 cities. While there are some startups in Tier 1 cities, no one is cu
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3 replies5 likes
Adithya Pappala
Zero Fund-VC|Investi... • 5m
2024-
Tier-1,2 & 3 Startups
2025-
Tier-1,2 & 3 VC'S
"Founders running for VC" is slowly transitioning into "VC'S running for Founders"
That means, Quality, Competition & Innovation are Booming..
Best time to alive & build🚀 What's your POV?
I have an idea of a grocery delivery service for tier 2, tier 3 cities. We know that tier 1 cities Big basket is dominating but in tier 2, tier 3 cities there is no big player, there is a market for value concious customers, we can create an online D
Problem- 60% of the carts on e-commerce websites are abandoned in tier 2 cities due to longer delivery times.
Solution- Become Amazon prime/meesho for tier 2 cities by opening a warehouse in major tier 2 cities and give faster deliveries.
Products
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10 replies2 likes
Prateek Aryan Modi
•
Tata Aig General Insurance Companies Limited • 4m
don't you think tier 2 and tier 3 cities are more excited to try things happening in metro cities? so can we just copy big businesses happening in metro cities and implement it in tier2/3 cities. your views.
5 replies5 likes
govrdhn
whateve • 14d
what are your thoughts on hyperlocal logistics and micro warehouse services in tier-2 and tier-3 cities....?
0 replies3 likes
Uttkarsh Singh
Learning • 5m
That's why I say invest in Tier 2 and Tier 3 cities.
Tier 2 and tier 3 cities in India are becoming significant hubs for startups, approximately 45% of the country's recognized startups ~ DPIIT
0 replies7 likes
EVINDIA
Stay updated with th... • 1d
EV Growth Since FY2022: Tier 3 Cities Are Catching Up Fast!
Here’s how electric vehicle adoption has accelerated across India:
- Tier 1: 5.73% ➡️ 13%
- Tier 2: 4.16% ➡️ 10.67%
- Tier 3: 1.69% ➡️ 8.68%
From metros to small towns, India’s EV revolut