Swiggy increasing platform fee to Rs 10? This is what the company has to say

Swiggy, a food delivery company planning for an IPO, denies plans for a significant increase in platform fees. They recently experimented with a higher fee of Rs 10, but charged only Rs 5 after a discount. Swiggy and Zomato are exploring alternative revenue streams like quick commerce delivery and advertising as raising restaurant commissions becomes difficult.

Swiggy increasing platform fee to Rs 10? This is what the company has to say
Swiggy, a food delivery company planning for an IPO, denies plans for a significant increase in platform fees. They recently experimented with a higher fee of Rs 10, but charged only Rs 5 after a discount. Swiggy and Zomato are exploring alternative revenue streams like quick commerce delivery and advertising as raising restaurant commissions becomes difficult.