International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 12 Issue: 11 | Nov 2025
p-ISSN: 2395-0072
www.irjet.net
Zomato vs Swiggy: A Data-Driven Comparative Analysis of India's Food Delivery Giants -Nysa -----------------------------------------------------------------------***-------------------------------------------------------------------------Abstract - This research document presents a comprehensive data-driven comparison of Zomato and Swiggy, India's two dominant food delivery platforms, utilizing extensive charts, graphs, and quantitative analysis to examine their financial performance, market positioning, and growth trajectories. Through visual representation of quarterly revenues, profitability trends, market share evolution, funding patterns, and operational metrics, this study reveals the stark divergence in their strategic outcomes. Zomato commands 58% market share with a market capitalization of ₹2.5 lakh crore and achieved profitability in FY24, while Swiggy holds 42% share with ₹72,000 crore market cap and continues reporting losses exceeding ₹3,000 crore annually. The analysis employs mathematical frameworks including CAGR calculations, market share dynamics, and valuation multiples to quantify competitive advantages. Data visualization demonstrates Zomato's superior revenue CAGR of 45% versus Swiggy's 35% (FY22-FY24), and Blinkit's explosive 756% Yo-yo revenue growth transforming Zomato into a quick commerce powerhouse. This document serves as a quantitative reference for understanding the competitive dynamics reshaping India's ₹50,000+ crore food delivery and quick commerce ecosystem
Keywords: Swiggy, Zomato, Revenue, Delivery, Financial Metrics
1. Introduction: The Indian food delivery sector represents one of the most dynamic and rapidly evolving markets in the country's digital economy. What began as a convenience service has transformed into a multi-billion dollar industry characterized by intense competition, technological innovation, and aggressive expansion into adjacent verticals. At the center of this transformation stand two dominant players: Zomato and Swiggy, which together control virtually the entire organized food delivery market in India. This research document takes a distinctly quantitative approach to analyzing these companies, moving beyond qualitative narratives to examine hard data through comprehensive visualizations. By presenting financial metrics, operational statistics, and market dynamics through charts and graphs, we aim to provide a clearer, more objective understanding of how these platforms have evolved and where they currently stand. The significance of data-driven analysis in this sector cannot be overstated. Both companies operate in low-margin, highvolume businesses where small differences in unit economics, operational efficiency, and market share translate to substantial impacts on valuation and long-term viability. Therefore, precise quantification of their performance becomes essential for investors, analysts, and industry observers.
2. Detailed Company Profiles: Zomato and Swiggy: Detailed Company Profiles: Zomato and Swiggy Zomato and Swiggy represent the duopoly dominating India's online food delivery and quick commerce sectors, collectively controlling over 90% of the organized market. These technology-driven platforms have fundamentally transformed consumer dining habits, restaurant operations, and urban logistics infrastructure. From humble beginnings as a restaurant directory (Zomato) and a hyperlocal delivery service (Swiggy), both companies have evolved into comprehensive urban convenience ecosystems valued at billions of dollars, employing hundreds of thousands, and serving tens of millions of customers monthly.
ZOMATO: COMPANY PROFILE
1. Founding and Corporate History
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Company Name: Eternal Limited (formerly Zomato Limited) Founded: July 2008 (as Foodiebay), rebranded to Zomato in November 2010 Founders: Deepinder Goyal and Pankaj Chaddah (both IIT Delhi graduates, former Bain & Company employees)
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