Food delivery apps Swiggy and Zomato are adding a pinch of extra cost to your online orders. The startups have hiked their platform fees by a spicy 20%, from Rs 5 to Rs 6 per order. This extra charge, now sizzling in Delhi and Bengaluru, will soon spread its heat to other cities. Don’t be fooled by membership plans – everyone’s getting a taste of this price hike.
But wait, there’s more! These food tech giants have been steadily increasing these fees, with Zomato even turning a profit last year after a fee bump. And the market is looking tasty, with food delivery expected to grow a whopping 10-12% annually over the next seven years. Looks like these startups are betting big on your hunger!
