Even Simpl CEO started and I’m like why bro why

Analyst

He posted a graph with no context on y axis lol. Like why even post it

Software Engineer

Who cares? Btw why Aam janta should care how much business they make?

Zomato is a listed company and some of these events define baseline shifts.

Lawyer

Ine of my very close friends has been on the other ends of these numbers and he tells they are deeply inflated for clout.

Are all of them inflating numbers? Also, what are the actual numbers/ inflated numbers like? With those graphs, am still pretty clueless but curious 😀

Marketing Creative

Product Manager

What is Orders per day number for Zomato/Blinkit? Does anyone know?

Senior Product Manager

So how many orders did zomato + blink it vs swiggy + instamart this year? I see CEOs from both companies post some plots (without scale calibration) or data points without actually sharing the numb...

Welcome to News Discussion's Private Community

So how many orders did zomato + blink it vs swiggy + instamart this year? I see CEOs from both companies post some plots (without scale calibration) or data points without actually sharing the number of orders.

Swiggy vs Zomato

Swiggy vs Zomato- Grapevine

Welcome to Indian Startups's Private Community

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?

Swiggy valuation $15B ++

Senior Consultant

Some comparisons:
- Swiggy’s trading losses reduced to $158mn during FY24 while Zomato reported a positive Ebitda of c.$5mn during FY24.
- Swiggy’s GOV growing at 26% YoY vs Zomato at 36%
- Swiggy had 387,000 active delivery partners vs 418,000 for Zomato
- Swiggy Instamart had 487 active dark stores compared to 526 for Blinkit
- Swiggy’s overall revenue growth of 24% YoY was lower than Zomato’s adjusted revenue growth of 55.9% YoY.

😎

Swiggy v Zomato: Just putting it out there

Product Marketing Manager

Sharing more context on what is driving this in the comments section 👇🏻

Zomato stock at all time high again 🚀

I am planning to take one of the two membership for ordering food and getting discounts. Out of two which one is better to take and is more value for money in terms of ROI and the discounts they provide. Which membership helps save more?

Zomato pro vs Swiggy one membership which one is more value for money and why?

Prime example that one should not just study foreign markets and take everything else for granted.
The west already has much better convenience stores at every nook and corner. Something was different in India. 

Today BlinkIt eclipsed Zomato valuation. Instamart is a key focus for Swiggy. Zepto is on a great path.
All the VCs (except Nexus who backed Zepto) in India lost out in this race. They just looked at the west, and said it won't be possible. Grofers (Blinkit) & Zepto proved them wrong. 

For entrepreneurs: Do not be derailed by VC speak, they will hardly ever get big bets right.

Quick Commerce worked in India, didn't work in the west

Operations Manager

This is based on an analysis of 24 K reviews on iPhone & Android phones between Jan to Nov 2023 conducted by Clootrack. The results though look a lot skewed as 
Zomato outperforms Swiggy by 3-4X in every parameter, How do you look at these results, Do you agree with this analysis?

Is this an effect of Public Listing?

Feels like bad data analysis by inc 42 team. Or clooktrack. Not all reviews mention each of these parameters and hence how this has been weighted needs to be clarified. Also how the f is food quality on zomato 3x Better than Swiggy?? Both are platforms and should ideally be nearest in this.

Most of us are curious of how decisions are made in major VC funds, as these funds are private and only share this information with their Limited Partners (LPs).

For the unknown, there are VC funds known as Corporate Venture Capital funds, which are the venture arms of corporate firms; they are required to disclose the performance of their CVC funds to the general public.

Prosus, one of the largest funds in this category, has just released its 2024 Annual Report, so thought it would be helpful to share the key takeaways with you all. So, here we go:

1/ Swiggy: On the Launchpad
Swiggy continues to impress with a 26% surge in its gross order value and a robust user base that's grown to 104 million. The food delivery giant isn't just expanding—it's preparing to soar with a confidential IPO filing. Swiggy's blend of core deliveries and quick-commerce ventures positions it as a frontrunner in the food-tech race.

2/ Byju's: A Reality Check
The tides have turned for Byju’s, once a darling of the edtech world, now facing a stark reality with a $493 million valuation write-down by Prosus. This significant markdown is a wake-up call to the high-flying valuations in the edtech sector, spotlighting the need for sustainable financial health over speculative growth.

3/ PayU: Quietly Confident
While specific updates on PayU were sparse, its role in Prosus’s fintech ambitions remains pivotal. PayU continues to weave through Prosus's strategy, likely focusing on enlarging its digital payment solutions and tapping into burgeoning financial service opportunities in emerging markets.

4/ PharmEasy: Unsung Potential
PharmEasy's story remains under the radar in this year’s dispatch. However, as a component of Prosus's health tech ventures, it’s poised to play a crucial role in expanding accessible digital healthcare solutions, streamlining services from prescriptions to doorstep delivery.

The Bigger Picture? Prosus's strategy paints a vivid portrait of India's evolving startup ecosystem. It's no longer just about rapid growth and sky-high valuations. The game has changed:

1/ Sustainability is king: Byju's fall from grace is a stark reminder that financial health trumps speculative growth.
2/ IPO readiness matters: Swiggy's preparations show the market's appetite for well-prepared tech giants.
3/ Quiet expansion: PayU and PharmEasy's low-key presence suggests strategic focus on steady growth over flashy headlines.
4/ Diversification is key: Prosus's varied portfolio highlights the importance of spreading bets across sectors.

Checkout their annual report at https://www.prosus.com/~/media/Files/P/Prosus-CORP/AR2024/1latestfinancialresults/04annualreport/fy2024annualreport.pdf - happy reading!

Would you like more breakdowns of such reports and documents? Let us know in comments below 👇🏽

Key takeaways from Prosus 2024 Annual Report

Journalist

Swiggy losing market share big time , it seems that they are cutting down services in many cities and delivery agents started moving zomato etc. it seems started leverage load sharing with third party agents, causing attrition in Swiggy delivery agents.

Swiggy going down

Data Scientist

Will Swiggy IPO affect Zomato Stock Performance?

Program Manager

Swiggy burning 120 Cr a month on instamart. Would they have needed to fire so many people if they would have fixed their unit economics?

Jab Yeh DRHP file karega, tab Zomato ka Stock badhega!

Swiggy - Huge losses in Instamart

Business Analyst

Ken: Zepto is a bronze medallist acting like a gold medallist. Gazab beijjati hai 😂😂😂

Product Owner

"Only when the tide goes out do you discover who's been swimming naked." - Warren Buffet

I want to appreciate Swiggy for whatever they've done in the last year. Everyone's had a tough time, and through the bear market (which we are still in), everyone lost valuation majorly. 

You need to have a super strong business to be able to maintain strength (given we're still not in a bull). When in this market, somebody almost doubles their valuation, it's a feat.

I know there's layoffs and everything that happened there too, but just happy to see all of this happen as an avid user and a small founder who's realized how tough it's been these last 1-2 years.

Swiggy's valuation crosses $10Bn again. After going as low as $5.5Bn last year. A small note:

Founder

Do you agree with this rating?

Investor

Zomato delivered another great set of results. Now they are adding 250Cr cash every quarter.
The company hit two benchmarks this quarter according to my calculations, 50,000 Cr worth of orders (4x Q3) and 100 Cr orders (4x Q3), and these are growing 25-30% year on year.
Why is this interesting? As some of you might know, they have started adding platform fees to the orders. Even one more rupee of platform fee will add 100 Cr to EBITDA. So, if they increase fees from 5 to 10, that's 500 Cr more EBITDA every year.
 
Now, If you look at this quarter's results vs last quarter's results, they have added ~3600 Cr of order value, and made 380 Cr of EBITDA (this does not include Events). Which means they are making 10% as EBITDA. In next 3 years, if Zomato doubles their order value to 1,00,000 Cr, and even make 8% EBITDA, this could mean 8000 Cr EBITDA (almost 1 billion dollars). What markets will give as multiple on this, is guess work. Could be 25-40x (Don't hold me on this). Hence the stock looks undervalued from a 3 year lens

Swiggy vs Zomato

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