Whalesbook
JM Financial analyst Sachin Dixit highlights a widening performance gap in quick commerce, with Eternal leading Swiggy. Eternal excels due to its strong finances, aggressive expansion, and improving unit economics, reaching profitability. Swiggy lags despite fundraising, facing slower expansion and losses. Dixit notes the market is large, and Swiggy can succeed with wise capital use and efficiency. The sector now demands profitability over pure growth. Travel tech shows mixed results, with Ixigo and Yatra benefiting from demand, though seasonality and operational issues persist.