The quick commerce and internet sector continues to evolve, with competition becoming more intense. According to Sachin Dixit, Lead Internet Research Analyst at JM Financial Institutional Securities, a clear performance gap is visible between Eternal and Swiggy.

Eternal has stayed ahead due to its strong balance sheet, proven track record, and aggressive expansion in quick commerce.

The company has rapidly added dark stores and continues to strengthen its nationwide presence. Its improving unit economics also support its long-term growth story.

Swiggy , on the other hand, is slightly behind in this race. While it has approved a fresh fundraise to support expansion, its slower pace of adding dark stores has put it at a disadvantage.

However, Sachin believes the market is large enough f

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