Should You Invest In Swiggy’s IPO Or Stick With Zomato Shares? Watch Expert Insights
Swiggy IPO: A Game-Changer or Stick with Zomato? Expert Analysis.
As Swiggy launches its much-anticipated IPO, the key question remains: does Swiggy have what it takes to rival Zomato in the stock market arena? Is this IPO a bigger opportunity, or should investors continue betting on Zomato? Business Today TV brings you insights from Karan Taurani, SVP at Elara Capital, who weighs in on Swiggy’s potential and its valuation in comparison to Zomato’s. With Zomato’s recent valuation dip—about 15-17% off its peak—Karan Taurani notes that Zomato’s market cap currently stands at nearly double that of Swiggy, reflecting the latter’s discounted valuation. Karan Taurani explains Swiggy’s relative disadvantage, citing its lack of a pure-play food delivery business, its smaller scale compared to Zomato, and the inherent risks without an established track record. However, he suggests that investors might consider a diversified approach, overweighting Zomato due to its leadership in the food delivery and quick commerce markets, yet allowing room for Swiggy in the portfolio to benefit from potential future improvements. Watch now for a detailed breakdown of whether Swiggy’s IPO could outperform, or if Zomato remains the safer bet for growth-driven portfolios.