With Swiggy set to go public soon, the quick commerce space in India is starting to look more and more like a wrestling match. Going to head to head against Swiggy is the only listed quick commerce platform in the country, its arch rival Zomato.
Both companies are doing exactly the same thing but somehow Zomato managed to leave Swiggy far behind. Swiggy’s market share has dropped considerably in the last few years both in quick commerce and food delivery. Now, not only is Zomato listed, its share prices have been going through the roof and Blinkit has become the jewel in its crown.
So does Swiggy, the OG of food delivery in India, stand a chance?
To find out, hosts Snigdha and Rahel invite The Ken's Deputy Editor Seetharaman G to the studio.
Tune in.
P.S. – Check out the first episode of the latest addition to our podcast slate, Two by Two, where the speakers discuss the rivalry between Flipkart and Phonepe, on
Spotify,
Apple or
YouTube!
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.