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Zomato and Swiggy Raise Platform Fees to ₹10 Amid Festive Season

The increase in platform fees by India's leading food delivery services has sparked customer dissatisfaction and social media backlash.

  • Zomato and Swiggy have both increased their platform fees to ₹10 per order, a move that has frustrated many customers.
  • Zomato's platform fee has steadily risen from ₹2 in August 2023 to the current ₹10, while Swiggy has followed a similar pattern.
  • The fee hike comes as both companies aim to manage operational costs during the high-demand festive season.
  • Zomato reported a significant financial improvement, with a net profit of ₹176 crore in Q2 2024, up from ₹36 crore the previous year.
  • Swiggy is preparing for an IPO, having increased its fresh issue size to ₹5,000 crore, while also launching new services like Swiggy Bolt.
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