Swiggy, Zomato Put Diversification Plans In Slow Lane
India’s foodtech titans, Swiggy and Zomato (now Eternal), are making a strategic U-turn. After years of aggressive expansion across food delivery, quick commerce, events, and lifestyle services, both companies are pulling back from non-core bets to focus on core operations to drive profitability.
Dialling Down Diversification: The past few months have seen Zomato pull the plug on its 15-minute food delivery service, Quick, and home-made…