Zomato founder Deepinder Goyal in a recent podcast with Raj Shamani opened up about why competitor delivery platform Swiggy went ahead of his company and how he stepped up to negate the losses. Founded in 2014, Swiggy quickly became a household name when it disrupted India's delivery market by providing food deliveries from hundreds of restaurants under one umbrella, thereby abolishing the need of the customer to pick up their own food or call up the restaurant every time if they wanted a food delivery. On the other hand, Zomato, which had been around since 2008 as a restaurant discovering platform, began to lose its edge as delivery became the new ‘cool’ thing to do, especially with the discounts Swiggy used to provide during its initial days.
