Zomato

Profitability is the headline here — Zomato turned profitable in 2023, a genuinely rare achievement in an industry that mostly burns cash to grow. The company operates in more than 800 Indian cities, and its roughly $569 million acquisition of Blinkit turned quick commerce into one of its fastest-growing segments, with food delivery and quick commerce together driving continued revenue growth. Staying profitable while expanding hard into a new category at the same time is a trick most of its global competitors haven't managed.