Zomato's Deepinder Goyal shrugs off Rapido, Swiggy's budget food bets

Eternal's CEO Deepinder Goyal downplayed competition from Rapido and Swiggy's budget food delivery services. He stated these low-cost offerings have had a limited impact on their business. Goyal emphasized Eternal's focus on its Bistro initiative for supply chain innovation. This new model aims to make food delivery viable at lower price points. Other companies also prioritize long-term growth over competing solely on price.