Zomato is a well-known company across the country. Zomato's market capitalisation is expected to cross Rs 3 lakh crore by 2024. With a profit of Rs 351 crore in FY 2024, Zomato has become a strong tech company. Zomato has proved that it is a company that can succeed in this highly competitive market.
The main source of income
Food delivery is Zomato's main source of revenue. In FY 2024, more than 50% of the company's revenue came from food delivery. According to a report by Motilal Oswal, Zomato has overtaken rival Swiggy with a market share of 58%.
Even though the number of orders decreased, the profit per order increased. Zomato is focusing on increasing the number of users and making customers order more often. Additionally, Zomato is also planning to increase the fees charged on orders to increase profits.
Blinket: grows quickly
Zomato's quick commerce division, Blinkit, is growing rapidly. In the second quarter of 2025, Blinkit's revenue increased to Rs 1,156 crore. This is half of the total revenue for FY 2024. Although revenues have increased, Blinkit is still not making a profit. This is because competitors such as SEPTO are also working strongly in this field.
Zomato plans to open more stores of Blinkit. For this, they will also open their own stores through franchise. The goal is to reduce costs.
Zomato is also looking to expand its services and increase profits through new ventures such as Blinkit and Bistro. However, there are risks to these new initiatives.
Hyperpure
Hyperpure is a business-to-business (B2B) platform that provides goods to restaurants, hotels, and catering businesses. The revenue of the hyperpure segment, which supplies goods to hotels, restaurants and cafes, has increased. In the second quarter of 2025, Hyperpure's revenue increased to Rs 1,473 crore and came close to profit. Zomato plans to invest more in various areas to strengthen Hyperpure's position in the hotel, restaurant and cafe sector.
Major challenges
- Competitors like Swiggy and Zepto are the main challenge. More quick commerce giants are also at the forefront of the market
- There is a possibility of regulatory measures in the quick commerce sector as there are concerns that small traders will be affected by this.
- A lot of criticism about the quality of fast-delivered foods can also affect the development of the company.
Zomato's current challenge is to sustain this growth in the future and cope with the changing market conditions. However Starting out as a small bootstrapping business, Zomato has grown by leaps and bounds. In view of this, Zomato is now on the path of overcoming the challenges very quickly.