<ul><li>Despite Swiggy outpacing Zomato in revenue till FY23, Zomato remains the trailblazer, pioneering the food delivery market and setting the benchmark by going public first.</li><li>Zomato's impressive 67% revenue surge in FY24 highlights its dominance, leaving Swiggy grappling to match its scale and justify its pricing strategy.</li><li>In the fierce battle for users, Zomato reigns supreme with over 30 million monthly active users and a staggering gross order value of $3.1 billion. Swiggy trails with 24 million MAUs and a GOV of $2.6 billion.</li><li>Abhishek Ginodia of Altius Investech reveals Swiggy's ace in the hole – its quick commerce segment. However, this advantage comes at a cost, slashing its contribution margin by 50%.</li><li>While Swiggy's food delivery services have turned profitable, its quick commerce arm, Instamart, bleeds losses, casting a shadow over Swiggy's impending IPO valuation compared to Zomato's soaring success.</li><li>The stage is set for an epic showdown as Swiggy gears up for its $1.25 billion IPO, with both giants vying for supremacy in India's booming food delivery market!</li></ul>

Zomato vs. Swiggy: The Battle for Food Delivery Supremacy Heats Up!

Discover more