Eternal CFO questions logic of Swiggy's budget app Toing, says unclear what problem it solves
Akshant Goyal, CFO of Zomato parent Eternal, publicly challenged the rationale for Swiggy's newly launched budget food delivery app Toing, arguing it isn't clear what consumer or restaurant problem the format addresses. The remarks sharpen the duopoly's rivalry as both players probe lower price tiers.
What happened
Zomato (Eternal) · Eternal CFO Akshant Goyal questioned the rationale behind Swiggy's new budget food delivery app Toing, saying it isn't clear what problem it