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TechCrunch
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Swiggy debut fuels India’s food, quick commerce wars
- Swiggy concluded India's second-largest IPO, putting it in direct comparison with Zomato.
- Swiggy enters public markets with a valuation of $11.3 billion, trailing behind Zomato.
- Swiggy's quick commerce segment lags behind Zomato's Blinkit in terms of users and profitability.
- India's quick commerce market has substantial growth potential, but faces increasing competition.
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