Debate intensifies over whether Swiggy or Zomato offers better investment in India's booming food delivery market.

Shares of the food and quick-commerce platform got listed at a premium of 7.69 per cent at Rs 420 as against their issue price of Rs 390. The stock eventually climbed 15.13 per cent to touch a day-high value of Rs 449.

Although Swiggy is trailing Zomato in profitability and scale, analysts believe its market position and diverse revenue streams offer potential for long-term growth.

Swiggy's stock market debut saw a fully subscribed IPO, drawing interest from investors and reactions from the public, brands, and even rival Zomato.

Hyderabad: Food delivery giant Zomato on Wednesday shared a post welcoming its rival Swiggy as it made its stock market debut.In a post on X, Zomato stated," You and I... In this beautiful

Zomato congratulated Swiggy on its successful IPO, which saw its shares open at a 7.69% premium. The food delivery giant's warm welcome on social medi