Swiggy vs Zomato: The foodtech duo take two different paths to the same destination, but more often than not, find themselves crossing each other. And now, they are squaring off in realms beyond their comfort zone of food delivery. What will it take to win?
Vaibhav Anant of Bambrew tells Aultrin Vijay how the company is working its way to replace single-use plastics with eco-friendly bamboo-, sugarcane- and seaweed-pulp packaging.
Market realities like low average order value (AOV) and high cost of delivery led the two start-up giants to strategic crossroads, forcing them to make bold moves that reaffirm or redefine the nature of their businesses.
Swiggy has contributed about $125 million in Rapido's latest funding round, which has valued the start-up at over $800 million, according to sources privy to the development.