Yagnesh Sanghrajka, chief financial officer at 100X.VC, which is investing in over 100 early-stage startups, said that the strength of the delivery network of Uber Eats will benefit Zomato in growing its market share in southern India and hence compete more fiercely with Swiggy nationwide. It is to be noted that Uber Eats is said to have a stronger foothold in the region compared to Zomato with about 30% market share.
Read More: Zomato-Swiggy Duopoly? The Fallout From The Uber Eats Acquisition
- 100X.VC Team
Published on: January 23, 2020