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Swiggy plays catch-up with Zomato across key metrics: Report
- Zomato's total net fixed assets increased to Rs 6,351 crore in FY23, while Swiggy's assets grew to Rs 1,505 crore.
- Zomato's net fixed assets stabilized at Rs 6,466 crore in FY24, while Swiggy's assets grew to Rs 2,041 crore.
- Zomato grew 67% in FY24, while Swiggy grew 33.5% during the same period.
- Zomato turned EBITDA positive in FY24, while Swiggy operates with a negative EBITDA of 16% in FY24.
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