#7
Swiggy
Swiggy runs a close second to Zomato in India's food delivery market, and it hasn't stood still: it operates in more than 700 Indian cities and has pivoted hard into quick commerce. Instamart's fast grocery delivery helped justify an $11.3 billion IPO valuation in November 2024, and the service has since expanded to well over 100 cities, becoming a meaningful share of the company's total revenue as the bet on speed over pure food delivery pays off — even if the top spot in India still belongs to its rival.
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