From underdog to contender: Is Instamart Swiggy’s secret weapon against Zomato? Here’s what BNP Paribas says
- Posted on June 23, 2025
- By Financial Express
- 1 Views

From underdog to contender: Is Instamart Swiggy’s secret weapon against Zomato? Here’s what BNP Paribas says

Swiggy is mounting a strong comeback in India’s food delivery market, backed by improving margins and faster delivery times. BNP Paribas sees its Instamart business as a major long-term value driver, despite near-term losses.