The report notes that the organized segment — led by cloud kitchens, quick-service restaurants (QSRs) and café chains — will drive over 60% of overall growth in the sector and is expected to overtake the unorganized market.
According to Kotak Institutional Equities, the labour code rollout may raise per-order costs for gig platforms while simultaneously improving the formal staffing sector’s prospects through clearer, centralised compliance norms.
Consolidation is expected to continue in the market due to a lack of triggers. Below are some short-term trading ideas to consider.
Despite the rising losses, Prosus – which owns 25 percent of Swiggy – said Despite the rising losses, Prosus – which owns 25 percent of Swiggy – reported strong demand trends for the January–June 2025 period. Swiggy’s customer base grew 35 percent year-on-year to 21.6 million, and gross order value (GOV) rose 43 percent on the back of food-delivery expansion and formats like Bolt
Prosus expanded its India exposure during the period with a $67-million infusion into ride-hailing platform Rapido and a $222-million purchase of a 16.2% stake in travel aggregator Ixigo, deepening its position across mobility and online travel.
The partnership will open up magicpin's large restaurant base for Rapido, which launched Ownly in August, and has been looking to scale beyond Bengaluru.
While dark store expansion seems to be moderating currently, analysts believe that with quick-commerce players' latest fundraising plans, competitive intensity in the industry may see a revival in the coming quarters
Swiggy had argued that it was only a technology intermediary connecting customers with restaurants, and that the contract of sale existed solely between the buyer and the restaurant.
The size of the office will be similar and will house 2,000 employees. Swiggy is moving its HQ from Bellandur to Whitefield after Moneycontrol reported BlackBuck CEO Rajesh Yabaji's social media post had sparked an outrage among tech companies and the government.
During its Q2FY26 earnings call, the management indicated that the proceeds from the proposed QIP would be used for strategic reserves and " innovation capital" going ahead
Stocks to Watch, 10 November: Stocks like Bajaj Auto, FSN E-Commerce Ventures Nykaa, Kalyan Jewellers India, JSW Cement,Trent, Global Health, Neuland Laboratories, Ratnamani Metals and Tubes, National Aluminium Company, Force Motors, Torrent Pharmaceuticals, VA Tech Wabag, Olectra Greentech, and Lenskart Solutions will be in focus on November 10.
In September, Swiggy sold its entire stake in ride-hailing platform Rapido for about Rs 2,400 crore, further strengthening its balance sheet
Both existing players, Swiggy and Zomato and new competition, like Rapido, are all "striving to create an opening in what is a thin-margin, high-visibility, and operations intensive business,” the company’s management said.
ICICI Securities is bullish on Swiggy has recommended buy rating on the stock with a target price of Rs 740 in its research report dated October 31, 2025.
Swiggy share price: Global brokerage CLSA gave an 'Outperform' call with target price of Rs 493 per share and said Q2 has been 'mixed' with Instamart's margin gains but slower order growth
Stocks to Watch, 31 October: Stocks like ITC, DLF, Dabur India, Swiggy, Bandhan Bank, United Spirits, TD Power Systems, Manappuram Finance, Gillette India, Welspun Corp, LT Foods, Lodha Developers, Pidilite Industries, Motilal Oswal Financial Services, Datamatics Global Services, Navin Fluorine International, and Reliance Industries will be in focus on October 31.
Zepto CEO Aadit Palicha, in an interview with Moneycontrol, hit back saying Instamart burns more cash per order than Zepto, escalating the face-off between India’s top quick commerce rivals.
The proposed Rs 10,000-crore QIP comes as rivals Zepto and Blinkit expand aggressively and new entrants like Reliance and Flipkart intensify competition in quick commerce.
Swiggy’s revenue from operations rose 54.4 percent YoY to Rs 5,561 crore in Q2, up from Rs 3,601 crore a year ago. It had reported a revenue of Rs 4,961 crore in the previous quarter.
Zepto clocked 2 million, 2.4 million and 2.1 million orders per day from October 18-20. Swiggy's Instamart delivered 1.4 million, 1.6 million and 1.6 million orders each day during the period, making it the the third largest player behind Blinkit and Zepto on an orders per day (OPD) basis, sources told Moneycontrol. Blinkit was the market leader with over 3 million orders.
Festivals in India are transcending regional boundaries as technology enables people nationwide to order traditional foods, celebrate together, and preserve cultural rituals; turning regional traditions into shared, connected national experiences
The market may consolidate for a couple of sessions after the recent sharp rally, though the overall sentiment remains healthy. Below are some short-term trading ideas to consider.
While analysts have long debated on which approach works best, most companies are now launching seperate apps for different use cases to improve the recall in consumers' minds as cross-selling becomes more and more difficult.