Swiggy IPO vs Zomato: Which is the better investment option currently?
Swiggy or Zomato. Zomato, currently profitable with a larger market share, has seen a stock surge. Analysts believe Swiggy, ...
CCI findings on food delivery firms hit Zomato share price, Swiggy IPO enters final day of bidding
The IPO, open in a price range of Rs 371 to Rs 390 until 5 pm today, is expected to give Swiggy a valuation of approximately ...
India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
The antitrust investigation against Swiggy and its top rival Zomato began in 2022 after a complaint by National Restaurant ...
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Zomato and Swiggy violated competition laws, favored select restaurants: Report
The Competition Commission of India (CCI) has found that food delivery giants Zomato and Swiggy to have violated competition ...
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Swiggy IPO: Should you subscribe or buy Zomato stock?
As the initial public offering (IPO) of Swiggy opens for public subscription on Wednesday (November 6), investors are ...
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Swiggy IPO: Here's how it stacks up against Zomato
More importantly, during the quarter, Swiggy reported a net loss of Rs 611 crore against Zomato’s net profit of Rs 253 crore. Zomato has reported profits for every quarter since April-June 2023. In ...
Swiggy vs Zomato: Should you apply for Swiggy IPO or buy rival Zomato shares? Analysts weigh in
At the upper-end of the price band of ₹371 to ₹390 per share, Swiggy IPO will value the Softbank-backed company at $11.3 ...
Swiggy IPO subscribed 3.6x; over 90% bids from institutional investors
In comparison, Swiggy’s rival Zomato is currently valued at Rs 2.2 trillion. Zomato had launched a Rs 9,375-crore IPO in July ...
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Zomato, Swiggy possibly breached antitrust laws as per CCI investigation, reports Reuters
India's competition watchdog investigates Zomato and Swiggy for anti-competitive practices, including exclusivity agreements and price parity rules.