Food deliveries to get costlier as Zomato, Swiggy hike platform fee

Food deliveries to get costlier as Zomato, Swiggy hike platform fee

Mangalore Today News Network

New Delhi, July 15, 2024: Food delivery platforms Zomato and Swiggy have once again hiked platform fees to ₹ 6 per order from an earlier ₹ 5 - a 20 per cent increase.

Currently being charged in Delhi and Bengaluru, the platform fee is different from delivery fee, goods and services tax (GST), restaurant charges, and handling charges.

The higher platform fee will roll out to other cities as well.

The platform fee goes to the food aggregators to apparently control costs and increase revenues.

In April, Zomato hiked its platform fee by 25 per cent to ₹ 5 per order.

Zomato introduced a platform fee of ₹ 2 in August last year and later increased it to ₹ 3 to improve its margins and become profitable.

The food delivery platforms aim to generate ₹ 1.25-1.5 crore a day by levying a platform fee.