Swiggy and Zomato: What should be your strategy for these two new age tech stocks?

Swiggy and Zomato: The focus on food delivery companies has intensified over the past few weeks, particularly with Swiggy making its debut on the Indian stock market. With Zomato as its only competitor, investors are starting to assess both businesses to determine which one presents a better investment opportunity.

A recent report from JM Financial indicates that while India’s online food delivery market is projected to grow at a robust CAGR of around 20% in the near future, the chances of new competition disrupting the market seem minimal at present.