US EditionDid Swiggy Increase Their Platform Fee From ₹12 to ₹14? What We Know
Swiggy raised its platform fee by Rs 2 to Rs 14 to leverage festive season demand and offset widening losses, with fees up 600% since April 2023, analysts said.
- Ahead of the festive season, Swiggy increased its platform fee to Rs 14, citing a rise in customer transactions and a Rs 2 hike for orders.
- Since April 2023, Swiggy has raised its platform fee from Rs 2 to Rs 6 in July 2024 and Rs 10 in October 2024 after demand experiments around last year's New Year celebrations.
- The 600% increase over just over two years, with over 2 million orders daily, generates crores in additional income for Swiggy.
- Swiggy's Q1 FY26 results showed losses widening sharply, with a Rs 1,197 crore net loss nearly double the Rs 611 crore loss from the previous year, driven by Instamart's deepening financial strain.
- Critics note that duopoly commission rates up to 35 force restaurant owners to inflate menu prices, making online orders over 50 per cent costlier than dining in, critics say.
12 Articles
12 Articles
Did Swiggy increase their platform fee from ₹12 to ₹14? What we know
The platform fee of Rs14 per food delivery order is reportedly inclusive of GST. In comparison, Zomato applies a platform fee of ₹10, excluding GST. Swiggy was the first to introduce this fee in April 2023, starting at ₹2, and has gradually increased it to ₹12 (pre-GST).
Swiggy Raises Platform Fee To Rs 14, Marks 600% Hike In Two Years
Food delivery major Swiggy has once again hiked its platform fee for food delivery orders, now by Rs 2. Citing a rise in customer transactions during the festive season, the company has increased the fee from Rs 12 to Rs 14.
Swiggy Price Hike: Food Delivery Major Increases Its Platform Fee for Food Delivery Orders by INR 2 Due to Rise in Customer Transactions During Festive Season
Food delivery major Swiggy has once again hiked its platform fee for food delivery orders, now by Rs 2. Citing a rise in customer transactions during the festive season, the company has increased the fee from Rs 12 to Rs 14 to capitalise on the festive demand. The food delivery platform has been consistently increasing the fees. Swiggy Price Hike: Food Delivery Major Increases Its Platform Fee for Food Delivery Orders by INR 2 Due to Rise in Cus…
Swiggy Now Costlier by 17%: Huge Impact on Orders?
Swiggy has increased its platform fee to Rs 14 per order ahead of the festive season. The hike of Rs 2 has already been applied in select cities, while in other places the charge remains Rs 12 per order, as per media reports. According to the company, this increase will improve per-order profit and strengthen […] The post Swiggy Now Costlier by 17%: Huge Impact on Orders? appeared first on M9.news.
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