The competition between Zomato and Swiggy is bound to intensity as both the food delivery unicorns have created a bigger war chest to strengthen its market presence. In a bid to lure Swiggy’s premium customers, Zomato has launched Zomato Pro Plus membership plan that allows Zomato users to have unlimited free deliveries.
After launching the historic IPO, Zomato is eyeing a bigger share of the food delivery market, while Swiggy has raised $1.2 billion from marquee investors to take on Zomato. The duopoly created by both the food delivery giants in India is now bearing fruits.
Market experts believe that the food delivery market in India is on a cusp of a big shift after the Zomato IPO, which was oversubscribed by 40 times. Thrilled from the response received Zomato CEO, Deepinder Goyal tweeted about the gungho plans with an aim to eat into the market share of Swiggy.
Zomato Unlimited Free Delivery: Big Picture
Food For Thought
Both the food delivery giants are not leaving any stone unturned to capture the lion’s share of their market. Swiggy, which claims to own 45% of the market, Zomato is not much behind with 43% of the food delivery market in India.
As both the players now offer unlimited free deliveries to their members, it would be interesting to see the price war between them intensify to a whole new level. On average, anyone ordering more than 6-7 times in a month must signup for Swiggy Super or Zomato Pro Plus. Anything lesser, don’t leave any money on the table.
