We walked away from Swiggy & Zomato as…: TVS Capital Funds chairman

Gopal Srinivasan, Chairman of TVS Capital Funds, criticizes the sustainability of India’s quick-commerce sector, led by Zomato and Swiggy, as reliant on private equity without long-term viability. TVS Capital previously invested in Nykaa, viewing it as driven by a deeper market trend.

​Gopal Srinivasan, Chairman of TVS Capital Funds, criticizes the sustainability of India’s quick-commerce sector, led by Zomato and Swiggy, as reliant on private equity without long-term viability. TVS Capital previously invested in Nykaa, viewing it as driven by a deeper market trend.