it's true because earlier Swiggy was using vc money but now they have to turn profitable hence charging more
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Keshav Tayal
Founder, trnch • 1y
Why are Zomato and Swiggy still not very profitable after charging such high commission fees from restrauants?? 🫥
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Melon Tusk
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Tesla • 1y
Help me know. If you know Zomato/Swiggy charges hefty commissions, what don't you guys directly order by calling restaurant like earlier days to save your money? What stopping you?
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Aastha
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A lot of founders think funding = validation, but that’s just step one. If you can’t turn that capital into real, sustainable growth, it’s just a countdown to running out of cash. Just because a startup raises VC money doesn’t mean it’s successful. V
OpenAI is losing money on pro plans because people are using it too much 😂
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Account Deleted
Hey I am on Medial • 2m
The Quick Commerce giants Blinkit and zepto has increased their commissions on their both platforms to turn toward profitability.where in this Blinkit is already in a profitable.
The Food delivery gaints Zomato and Swiggy has also increased their pl
Airbnb, now worth ~$100 billion, was rejected by 7 investors in 2007.
Not because it was a bad idea, but because VCs reject 99% of startups.
Lesson: If ALL your plans depend on VC funding rather than customer funding, you are already fighting 99% f
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 th
"I’m ready to build something extraordinary using AI! 🚀 Got any game-changing ideas that are not just useful but can also turn into a profitable venture? 💻💡 Let’s innovate and create something that makes a real impact while raking in that 💰!"
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Prithvi
create. • 1y
Just came back giving my Jee exam and it was today that I realised how new age tech and quick delivery systems have both made our lives easy and spoilt us to huge extent.
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Arcane
Hey, I'm on Medial • 7m
THE ORIGINS OF VC
The origins of Venture Capital can be traced back to whaling expeditions from the 1800s.
And you will be astonished to see how SIMILAR are the distribution of returns between the two (check image)
Just like VC is today, whaling d