New Delhi, October 16: Online food delivery platform Swiggy has also increased the platform fee from Rs 2 to Rs 3 for food orders. A Swiggy spokesperson on Monday told IANS, that "there has been no significant change on platform fee, which is applied by most service players and is a common practice across industries".
"The platform fee is right now Rs 3 in the majority of cities we operate in," the spokesperson added. At the moment, the platform fee applies just to Swiggy's food delivery service and not for Instamart orders. In April, the company introduced a platform fee of Rs 2 per order, irrespective of the cart value. Minecraft Sells Over 300 Million Copies So Far; Microsoft-Owned Game Remains One Of The Best-Selling Games Of All Time.
In August, Swiggy rival Zomato also increased its platform fee to Rs 3 per order from an initial Rs 2. Zomato started charging the platform fee from Zomato Gold users, who were previously exempted. Meanwhile, Swiggy has facilitated over Rs 450 crore in loan disbursal to more than 8,000 restaurant owners as part of its capital assist programme. Apple Diwali Sale Goes Live: Apple Offers Up to Rs 10,000 Discount on iPhones, Macs and iPads; Check Details.
Launched in 2017, the capital assist programme is a first-in-the-segment solution designed to bridge the financing gap and empower restaurant owners. Over 8,000 restaurants have availed loans so far, of which 3,000 availed loans in 2022 alone, the company said in a statement.
(The above story first appeared on LatestLY on Oct 16, 2023 01:26 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).