Swiggy IPO Goldmine or Disaster? Detailed Case study
ฝัง
- เผยแพร่เมื่อ 9 ต.ค. 2024
- ⭐️ Think School’s flagship Communication course with live doubt sessions :
thethinkschool...
VIDEO INTRODUCTION:
.
.
.
.
Our Best Indian Business Case Studies:
1. Asian paints - • How Asian Paints Built...
2. Amul - • How Amul beat its comp...
3. Haldiram - • How did Haldiram Build...
4. Lijjat Papad - • How 7 Mumbai-based wom...
✅Study Materials:
Think School is a Digital School that we all deserved, but never had
►►Check out Think School's Online courses: www.thethinksc...
#thinkschool #businesscasestudy #geopolitics
Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.
👉Check out Odoo: www.odoo.com/r/jgv
I am a Software Engineer (tech lead) and can confirm that having the same infrastructure for multiple products does save a lot of cost. But that’s considering they have just one infrastructure as the app might look like it’s a single application but under the hood can have different infrastructure(magic of micro services). A con of having a single infrastructure is that it brings extra engineering complexity in developing the products.
But, we saw this thing where Paytm had tons of features under a single app which were barely being used.
As a customer i too confirm that if i remember some groceries while ordering food i would use swiggy instamart which takes one tap rather than opening some other app
And having different apps for different products can have a common infrastructure
Hey can you explain if like a bunch of micro services could maybe become cluttered to become a monolith? Is that true idk I am still learning
Not , agree with your points, in swiggy application some of the function are very different to handle or not verified.
It's can be more polished,
It's swiggys IPO but still Deepinder image is shown in Thumbnail 😂😂
Power of Zomato ❤
Clickbait
@@satyamgaba That says how far Deepinder has come , he is current gens role model for many. But his fame is double edged sword. His fame and name is good for zomato and vice-versa worse to Zomato if he does something wrong . But not with Swiggy. Swiggy's founders are barely famous.
Kyuki haramkhori sab ke khoon me hai
low effort thumbnail
1. I personally used to use swiggy a lot till I entered the loop of comparing prices....while I had swiggy one membership still the food cost less from same restaurant in zomato with no membership [ 80% of times ]
2. IPO looks like to cover the loses by using Retail investment and exit of VC firms
Exactly and for the same reason even I switched to Zomato
Exactly same reason. With membership, my orders from swiggy are expensive than ordering from blinkit. Food delivery business is better handled by swiggy, but quick commerce, today's goldmine, goes to zomato
Lol. I always add the same cart to both zomato and swiggy every time but the swiggy always has a cheaper rate by 30-50 rs.
One of my recent orders was 1000+ on zomato and 951 on swiggy
One correction : its the Adjusted EBITDA and not the actual EBITDA because if you see the actual EBITDA of Zomato the Zomato is still under Loss.
Adjusted EBITDA profit of Rs 912 crore in FY24 as compared to a loss of Rs 10 crore in FY23 for zomato
@@Yokesh144 Thats the point , its Adjusted EBITDA and not Actual EBITDA, you should consider ESOP expenses also.. which bring down the Actual EBITDA.
I like Swiggy. They are more into quietly running the business while Zomato is more into publicity. The app UI is much better than Zomato's. Even though its a super app it doesn't feel like one (compared to paytm which is a cluttered nightmare of an app to navigate). Yes, Zomato has gained market share but it's mostly inorganic growth. In the long run, my money will be on Swiggy. They have to sort out the senior level exits, don't know what that's about, but it's Swiggy's battle to lose.
Zomato and blinkit's UI is so much light and easy to use, always found swiggy UI too heavy and not so user friendly, it also has a very boring vibe while Zomato blinkit has an exciting vibe
How do they have inorganic growth?
@@groundzeroreax4082 strongly agree with this
@@shikin0071 yeah how is it inorganic kuch bhi without backing it with any info, blanket statement dete hai log
@@shikin0071 In the video he said Zomato acquired many more companies than Swiggy.
You explained the delivery fission system explained so well. this video editing is crazy. my father knows less English still he understand this video completely
🕉 Shanti Shri Ratan Tata Sir 🙏
So i am from that rare group in India, which love super apps to save time.
I don't necessarily believe you're the only one. A survey that I had conducted has indicated that there's more brand loyalty in cases of swiggy, also a big issue for its competitors like zepto is falling customer retention.
Zomato :depinder
Swiggy :SEBI
motion graphics, blender, edits are new level... loved it
aevy video editors...!! #aevvyisvibe
Its been 3-4 months since i hav seen ur videos. After long gap, now i observe substantial change in your editing quality. Worth watching and top quality. It aspires me everytime to learn vid editing and learn content research.
seems like someone has spent an exorbitant amount on graphics.
Keep going, loved it. ❤❤
It is true that shared infrastructure reduces costs but can also increase maintainability cost and make app complex for users.
Rest In Peace Sir Ratan Tata 😭😭🥺
At First, I thought this was a fake news. But, sad to confirm, it is true.
@@shre6619 bro itni raat ko kya kar raha hai
@@SureshKumar-y2g1f woh Ratan Sir ko Tata kar raha hai 😉
As Software professional the infrastructure cost likely Less in 1 app compared to keeping it 2 seperate app and code base. Also just bcoz they're 2 app doesn't mean they didn't already share cloud or on-premises infrastructure like databases, servers, load balancers, networking components. single super app will increases the complexity and architecture even with microservice also it increases development and maintenance cost. still bigger drawback to super app is that any traffic spike, security incident in one part could affect entire application.
Every video of yours is a masterpiece dude!!
While I enjoy the convinience of Super Apps, I believe there is a lot of cross subsidization happening between services. People here in India are more comfortable in keeping multiple apps as long as they get the best deals. Brand loyalty is driven by prices creating a very competitive market!
Nice video, very informative. This is how it should have done
Madhuri Dixit, Amitabh bachchan, Rahul Dravid
Do you know what's common between them
They don't care if they lost some lakhs money in IPO
But you care
And you should care....
They would be buying for dirt cheap compared to what public/retail investors will get it for.. definitely not a loss for them.. in fact excellent return in short time.
Swiggy UI is cool. Zomato looks cheap. Swiggy is good at innovation-they're first to introduce genie, minis. I'm definitely investing in swiggy as it has more room to grow than Zomato which seems over valued.
Lot of if and buts with Swiggy...at this point of time zomato is ahead..
Lets see what lies in future...
I feel zomato will increase the gap...
I don't think their delivery costs are 33 rupees. If I remember correctly, the actual number is closer to 60 for food and 40 for instamart. Request think school to verify if you think there's a mistake...
He is taking cost to company, not the cost to user
it was just an example to explain and make viewers understand. Not the real values
For the first 3-4kms, it's ₹30
Can someone explain how this 20,000 came at 7:32
@@s.jagadesh4406 Average salary of delivery partners
Think School, and Ganesh thanks a lot for bringing all these exclusive content to us. Thank you with all my hearts.
It’s good this channel is back with business case studies.
I am sceptical about combined handling of food delivery and grocery items. Each has a different need.
We need to watch how well they will handle this
A humble request - Please make a combi video on the inspiring entrepreneurial life of Ratan Tata. You can add the story of his emotional purchase of Air India as a case study as well, because it was a huge loss making company, and probably will be for a while. Do emotions have a place in business, and can great entrepreneurs turn such loss making companies around? It would make for a very interesting video.
Please make a video on jiomart entering on quick commerce in Navi mumbai and bengaluru, and how they are doing that without pricing extra charges like platform fees, delivery fees, etc and also without opening a dark store.
actually, a super app becomes super buggy and loses its originality. which makes it difficult to use
True, but it comes with exceptions. There is a super super app in Dubai called Careem, Its a food aggregator/ a mall/ taxi aggregator and what not, but that maybe because of the lack of competition. Regardless, the app is implemented really well and is not buggy at all.
I hope Swiggy does well... Cause consumers win when there is competition in the market.
As a techie, if Zomato has different themes, designs, and apps. There's a 99% chance they use a larger tech team because of the different apps. All three likely have different design systems, and design systems play a very large role, so they would definitely need more tech talent. For Design for sure they hire more people for sure
Being a super app..mistake in one category can make customer to stop using other services of swiggy..
Please run BGM even louder from next video. We are here to hear BGM only.
Thank you.
I ,usually dont comment on any videos i watch. But the insights u give are truly sound minded. Great work, keep going.
How come dineout service is not accounted in the video?
Present Buddy❤
Thank you so much, why didn't you start this early, we had so many IPOs, we need this!!
Ye Dil Maange More❤
And yaa, i'll not be investing in Swiggy, coming from a tier 3 city i feel zomato has created a strong sense of customer relationship with us and anyways swiggy is a bit overvalued looking at its losses.
I like concept of superapp. It's very convenient
Zomato hyperpure contributed significant to the top line which you missed
Great case study❤
Personally, I prefer super apps over standalone apps for different services, especially when it comes to e-commerce and online shopping.
you could have added the growth in the total market size as well, even though swiggy lost market share, their revenue and ebitda also grew as you showed
Another great video by Think School 👏🏼👏🏼👏🏼, you are really one of the best Informative Channels in TH-cam.
Yes yes
It was very very clear to me😂
You just have to mention this in every episode 😂
It's like a signature sign😂😂😂
Swiggy’s super app model is definitely a superior way to go in the long run… in terms of cost-saving, efficiency-building, and even containing the carbon footprint ( by delivering more orders in a single round). It’s a matter of time before the Indian diaspora adapts to this convenience.
What's stopping Indians now to switch to super apps?
It’s perhaps a user preference for specialization… privacy concerns… and cultural emphasis on flexibility. India's growing smartphone use and comfort with digital ecosystems should lead to a shift toward super apps over time. UPI’s success is a case in point.
Delivery savings are super exaggerated. Not every order has both food and grocery orders.
When these companies deploy drone delivery entire dynamics changes. Less cost and more delivery speed.
I will apply for the ipo just for the listing gain but won't be a long term investor on either of the companies
Swiggy don't give good rate to the delivery person. And that's the biggest disadvantage. Because most of the delivery partners prefer joining and working for zomato..
I don't see all 3 business in one single app an advantage at all. End product just becomes messy. Look at what PayTM tried to do, look where it is now.
please make a video on ratan tatas masterstrokes please
please
spree of leaving Key people is big red flag. At the time of IPO its big challenge to Swiggy. Mayb growth seems to matured for shareholders as well. Or Founders disagreement with leaders on growth strategies could have brought discontent amongst leaders
Maturity is when you realize it advertisements more than case study
Add about Swiggy insta mart in Swiggy ipo video.
Small request, can you move sponsorship to the end of the video please? 🙏🙄
I love his videos
Do u love it
❤
❤
After 12:40 irritating background music..
If swiggy buys Bookmyshow, then the actual game starts
No. They need to think ahead and create something new
I find Swiggy better than Zomato
Even tho swiggy has better ads but zomato has a wide presence coz they also entered into live events space
its a buy out for investors
Informative
Actual Video starts from 3:39.
In last few months, there is always few mins of addn. useless video added, which can be skipped easily.
one is intro and then of course sponsor plug 🥱😅😆
having swiggy's sub-apps hosted on the same infrastructure can significantly reduce their expenses. this approach avoids the need for multiple servers, which would be more difficult to scale. this also makes maintenance much less of a headache.
you can actually have many apps run on a single server depending on its software. but with swiggys huge volume of code in a server may increase the needs for processing of many servers. in real you never know as long as i know what it is inside. i created my own ott network using plex and i ran my company software, communication and camera systems on 1 system (server ) it is riskey as when it crashes i loose everything
Sir a video on ratan Tata
No because of Valuations reason real valuation unlock after ipo like zomato falls to below 40and goes above ipo price
Swiggy might profit from its IPO, but retail investors could face losses. Around 95% of people have stopped ordering from Swiggy due to food prices being 30% higher than restaurant prices. In my opinion, Swiggy is struggling at the moment, and the IPO seems like a way for existing investors to exit with a profit
सर जी आपका मेन चैनल हिंदी ऑडियो ट्रेक में करो
People in India are not afraid of Investing Overvalued Zomato and Swiggy Meanwhile Gradfather Governement can mess with them anytime by supporting ONDC at full speed
There won't be people using ONDC unless they have a good system for returns and customer support. When I order through Swiggy I know if the order is bad, I would get my money back. I need similar assurance with ONDC
Zomato wont have that level of profits today if they didn’t use that revenue money to rotate from capital markets
other than delivering food amazon or many other peers does the same, what's so uniqueness that swiggy brings to the table. these companies are quite overvalued to make good returns from these companies take long long time.
सर जी आपका मेन चैनल हिंदी ऑडियो ट्रेक करो
brilliant work ❤
In Ipo companies ask very high valuations 70-80 ipo trade lower than listing price
good video!! i have this exact same shirt from h&m
Personally being a software engineer, having separate applications for different verticals makes more sense.
Separate applications doesn't mean separate infrastructure and similarly Super app does not necessarily mean same technology and infrastructure as well.
Super app is just a gimmick. There are tons of super apps that sucks to the core like paytm, tata neu etc.
Onethings i can tell eeryone onciidently that ganesh has been pid heavly for advertsiing and tell positive about swiggy before swgiiy ipo thanks for taking monye and promoting swiggy
Listing gain profit 🎉
Broo When will the Bangladesh episode come
Does Bangladesh have anything to do with business or economics? 😓
Yes bro
@@Mundarapillyobviously it does
How about under one app icon they show 3 app icon for different services
I have been watching your videos since Abhi and Niyu told me about your channel. Your videos are a goldmine for people interested in business. Thank you, Ganesh Bhaiya, for making this video.
I can vouch for Swiggy's customer centricity. Any company that does not put customer at the center will eventually perish. This is why i am going for Swiggy, and skipped Ola IPO.
11:07 if you can explain why only Zomato n Swiggy are considered to have market share in their respective market
12:52 can anyone explain how this works like if we buy ipos the people who already dump their money will take an exit and then will the company get. To use the remaining money buy i. Dont want to give my money to those who are doing cash grabs like previously done by early investors ,and actors in mamaearth ipo why can i invest in their ipo for their operational cost and growth spending rather than filling pockets of those already rich actors and people i dont want to make profit for so they dump the shares on us public . Again and again in the name of IPOS
Not an IPO fluff
But Zomato be like fucx😮😅
Your video title says case study. You should add the company name into it
swiggy has also taken customers data like zomato so why is it loss when it's all profit?
Real winners would be VC firms , private investors and owners who hold stocks. 😂😂😂😂😂😂😂😂
What a coincidence😅
SWIGGY ipo is coming 😊.
And suddenly an influencer telling the growth and success story of SWIGGY 😂😂
No one 🃏dare to call him a godi influencer😂😂😂😂🤫🤫
The concept of superapp has not worked well beacuse the cluteredness it creates on the user's screen, which evetually leads to less CTA and confused user while navigating thru various sections of the app. The same i feel in swiggy.
Please make a video on Hyundai motor ipo as the final offer is finalised with dates and price
Swiggy anyday the prices are better and service and interface too
I worked as a Swiggy delivery partner, but when I left this job, they did not refund my deposit money.
No investment as of now. Need to observe for sometime
Not so convincing loss making firm with unstable management and confused business model. Also Indian market prefers specialized Apps for each task coz of brand perception as when you say swiggy zomato only food delivery comes into my mind and when you say grocery grofers so trust factor is very important
No techie can tell whether their IT infra is efficient. Only the senior guys will have the full picture
When is comes to customer experience Zomato is class apart. Swiggy has a lot of catching up to do.
Ganesh please post a tribute video to ratan tata sir it's an honor 🙏🙏
both do batch delevery
All those things are fine. but if companies are not profitable after 5-7 yrs since their inception, it is a dud investment. Meaning - if the company cannot show cash, revenue, profitability at tax, ..etc. all in positive for at least 2 consecutive financial year, then it means it will simply never grow in the present cases (aggregator business).
Besides, mostly metro cities are the places where people rely on food delivery. Outside of these cities, the reliance is not so much. Which means the moat is not very strong. In another term profitability outside of metro is questionable.
So all in all, these aggregator business is waste model to invest in for retail investors. Despite that if someone has decided to make VC, Angel investors, ...etc. rich at their cost, then no one can help the retail investors.