Zomato congratulated Swiggy on its successful IPO, which saw its shares open at a 7.69% premium. The food delivery giant's warm welcome on social media highlighted the healthy competition and mutual respect between the two companies.

Although Swiggy is trailing Zomato in profitability and scale, analysts believe its market position and diverse revenue streams offer potential for long-term growth.

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Hyderabad: Food delivery giant Zomato on Wednesday shared a post welcoming its rival Swiggy as it made its stock market debut.In a post on X, Zomato stated," You and I... In this beautiful

Swiggy's stock market debut saw a fully subscribed IPO, drawing interest from investors and reactions from the public, brands, and even rival Zomato.

Swiggy's successful IPO debut celebrated with Zomato's congratulatory gesture, highlighting the delivery partners' vital role in the company's success.

Food delivery giant Zomato welcomed rival Swiggy’s debut on Dalal Street on Wednesday through a post on X, formerly known as Twitter.

Zomato CEO Deepinder Goyal publicly congratulated Swiggy on its successful IPO debut. Goyal's message on X celebrated this achievement as a win for the entire food delivery industry in India. Swiggy responded with humorous posts expressing their joy,

Zomato shared its congratulatory message on X, tweeting, 'You and I in this beautiful world,' accompanied by a heart emoji. The post included an image of delivery personnel from both companies standing together,

Zomato's social media post, featuring a banner announcing Swiggy's listing, showcased a friendly nod between the two food tech giants.

Shared on LinkedIn, Zomato's post resonated with many, emphasising upon the spirit of healthy competition and mutual respect among industry players