Food tech market is 50B+ ( duopoly)
Most of my friends use swiggy for everything like food, groceries and dine out.
They say Zomato sucks in ui ux and 3rd grade restaurants are there at Zomato, swiggy is better at offers and quality restaurants.
Zomato peak stock value was 180inr, which makes it a 15B firm, by that logic swiggy can get even 20B ipo.
PS - Baron capital already raised swiggy valuation to 13.9B usd
What do u think guys?