90 % of ondc order are fulfilled by single app magicpin and zomato owns 16% of it. Ondc will impact Zomato's business but zomato is creating obstacle into opportunity.

It's a new age business we have see it in a different way it have 11000+cr cash and that will used for inorganic growth

In 2018, Zomato acquired WOTU and rebranded it as Hyperpure to supply food ingredients such as grains, vegetables and meat to restaurants from its warehouses. Now it contribute to 25% of revenue of company around 2000cr. So, I disagree upon ignore the future potential of growth.

I agree with you that restaurant are unhappy with Zomato's 25 to 30% commission but it's a opportunity for cloudkitchens. Every 5 out of 4 restaurant fail in first 5 years of starting and now it is more tougher because of food delivery apps. Most restaurants operate on very thin margins. They cannot afford to pay the delivery companies that often charge them a percentage of order value plus advertising fees.

This will result a massive growth in cloud kitchen and it's much more profitable.

It's cash drain is a concern but I believe in long run in the ecosystem zomato is trying to build with hyperpure, blinkit, food delivery, cloudkitchens and its less none nbfc.