Swiggy IPO: Food delivery startup likely to command lower valuation than Zomato shares, say analysts | Stock Market News

Food delivery startup Swiggy is preparing for its IPO, but analysts predict that its valuation may be lower than that of rival Zomato. Despite significant growth in recent years, Swiggy faces challenges, including intense competition, rising costs, and regulatory hurdles. Analysts suggest that the company’s profitability metrics and market conditions may lead to a conservative valuation compared to Zomato’s. Swiggy's IPO is expected to attract significant interest, but its long-term success will depend on balancing growth with profitability amid these challenges.