Swiggy

Swiggy runs the eternal number two to Zomato in India — 42% market share against Zomato's 47% — but it's not standing still: 500+ cities, 200,000+ restaurant partners, and $1.2 billion in FY2024 revenue back a company that's pivoted hard into quick commerce. Instamart's 10-minute grocery delivery helped justify an $11.3 billion IPO valuation in November 2024, and now spans 30 cities and contributes 18% of total revenue — proof the bet on speed over pure food delivery is paying off, even if the top spot in India still belongs to its rival.