Reportedly Swiggy filed for IPO in April on a confidential basis and yesterday Swiggy received SEBI go-ahead for Rs.10.450 crore IPO. Since the company has received the approval of SEBI, the shares of one company that has been on focus is Zomato as there has always been a cut-throat competition between both the food delivery apps.
It is observed that ahead of Swiggy IPO approval, Zomato shares have gone a bit down. This article will compare both food delivery apps based on a few key points.
Comparison between Swiggy And Zomato
- Company Earnings– As per the annual report 2023-24, Zomato witnessed 71% YoY growth with Rs.12,114 crore revenue. While revenue of Swiggy has grown by 36% to Rs.11,247 crore.
- App Experience– Both apps have an easy-to-use interface making food ordering super easy. On one hand, Zomato provides recommended food options, reordering, dining, Zomato Live, and Blinkit options while Swiggy includes options like food delivery, Instamart, Dineout, and Genie.
- Exclusive services- Zomato offers exclusive services like Dining, Zomato Live where you can book tickets for upcoming concerts, and Blinkit while on Swiggy you get Swiggy Instamart, Swiggy Genie, and Swiggy cards.
- Pricing for Premium membership– Swiggy One membership is priced at Rs.75 per month while Swiggy One Lite is available at just Rs.9 per month. Zomato chares Rs.149 for three month Zomato old membership.
- User reviews– There have always been mixed reviews for both the food delivery apps. Some praise Swiggy for its design and ease of use while others prefer Zomato for its features and large selection of restaurant partners.
