By Erick 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.