Zomato and Swiggy shares drop after BofA downgrade, while analysts predict challenges ahead in quick commerce sector.

BofA Securities downgraded Zomato and Swiggy, citing quick commerce losses and rising competition. Stocks fell up to 3%, with ...

Shares of Zomato and Swiggy were sharply lower amid buzz of quick commerce rival Zepto's $250 million secondary sale ahead of ...

Among quick commerce users, Zomato's Blinkit emerged as the top choice, followed by Zepto and Swiggy Instamart.

D eepinder Goyal started his entrepreneurial journey in 2008, when he co-founded FoodieBay, which became Zomato in 2010.

The District Consumer Disputes Redressal Commission, Gwalior (Madhya Pradesh) bench of Shri Rajendra Prasad Sharma (President), Shrimati Suman Gaur Pandey (Member) and Shri Revati Raman ...

Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth ...

BofA Securities significantly downgraded the stock ratings of Zomato Ltd. and Swiggy Ltd., the two biggest meal delivery companies in India, on March 26, 2025. The brokerage’s decision has increased ...

This rebranding applies solely to the corporate entity and does not change the Zomato brand or its app identity.

Outlets by 2028. In India, Jubilant FoodWorks, the Domino’s Pizza master franchisee, is starting a bold expansion plan. The ...

With Swiggy’s stock down 40 percent and Zomato nearly 25 percent off its highs, investors are likely unwinding positions amid ...