The Skewness of Profitability in Tech India

Zomato has never turned a profit. It just hasn’t. It got close in one quarter but has never met the definition of a net profit.

Swiggy became profitable in 2023.

Zepto has never turned a profit yet.

Neither has Ola Electric.

These companies are still thriving – they could raise a massive round of funding tomorrow if they wanted to.

We should be in it for the long game.