Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here’s a 5-point analysis

Swiggy vs Zomato: After a decent initial public offering (IPO), Softbank-backed food delivery giant Swiggy delivered a powerful stock market debut, beating analysts’ estimates. According to D-Street experts, the new-age stock is poised for a strong run, similar to its rival Zomato, now a multi-bagger stock that commands double the market cap since its listing in July 2021.

Like any emerging segment, the food tech platform business has seen its share of evolution and consolidation. The industry started with different players focusing on specific verticals, such as restaurant advertising/listing, food delivery, and grocery delivery.