The quick commerce race has been heating up for some time, but the June quarter has made the contest between the two listed leaders even more compelling. Strong growth, improving operating metrics and ambitious long-term targets have set the stage for an intense battle between Swiggy and Eternal.
For millions of urban Indians, quick commerce has evolved from a novelty into a habit. As the market scales up, the battle is increasingly shifting towards market share rather than near-term profitability.