How Rapido built India’s largest bike-taxi network — then took on autos and cabs

Three engineers productised the informal bike lift, then built a captain-subscription mobility network across 400+ cities.

Swiggy: building an on-demand food network, then betting the company on Instamart

Owned logistics made Swiggy a national food app. Instamart is the second engine; the 2024 IPO did not end the share war.

Zomato to Eternal: from restaurant menus to a multi-business consumer platform

Menus, then delivery, then Blinkit. In 2025 the parent was renamed Eternal because grocery minutes had become too big to hide.

Blinkit: Grofers’ near-death pivot to 10-minute grocery — and Zomato’s most important bet

The scheduled-grocery company died on purpose. Dark stores, a 10-minute promise, a cash crunch, then an all-stock sale to Zomato.

Zepto: two Stanford dropouts, 10-minute grocery, and a very fast capital machine

Born into the 10-minute war. Owned dark stores, $7 billion valuation in 2025, and an IPO path that is still a plan.

Nykaa: Falguni Nayar and the making of India’s beauty destination

Trust, content and authorised beauty — then stores and owned brands. FY26 crossed ₹10,000 crore revenue.