Swiggy vs Zomato: Which is better investment bet? Morgan Stanley weighs in

With Swiggy recently getting approval from markets regulator Securities and Exchange Board of India (Sebi) for its initial public offer (IPO), investors are curious to know if they should park their money in Swiggy’s unlisted shares, or go for Zomato’ listed shares, which have climbed 138.3 per cent since its listing on July 22, 2021.

Global brokerage firm Morgan Stanley has made some comparisons between the key business segments of Zomato, and its direct competitor Swiggy.