Zomato vs Swiggy: Who is leading the fight in food delivery and quick commerce? Motilal Oswal decodes

In a recent analysis, domestic brokerage house Motilal Oswal Financial Services (MOSL) compared Swiggy’s freshly filed Draft Red Herring Prospectus (DRHP) to its key competitor, Zomato, shedding light on the evolving battle between these two food delivery giants.

With market leadership in both food delivery and quick commerce at stake, MOSL emphasised that Zomato currently holds the upper hand, although the competition for wallet share among urban consumers is far from over. Swiggy’s stronger customer cohorts and innovation prowess suggest the battle can intensify.