Swiggy Raises Platform Fees Amid Rising Operational Costs
If you regularly order food online, you might now face higher costs. Swiggy has increased its platform fee to ₹17.58 per order, up from ₹14.99. This marks a 17% increase.
Zomato Follows with Its Own Fee Hike
Before Swiggy, Zomato also raised its fees by ₹2.40. Now, both major food delivery companies have made online ordering more expensive.
Rising Costs and Pressure on Delivery Companies
Swiggy informed users that the fee hike addresses growing operational and maintenance costs. The global situation in the Middle East, due to the Iran-Israel conflict, has led to price surges in LPG and crude oil.
Impact of Fuel Price Hike on Food Delivery
As fuel prices climb, the entire food delivery system’s cost has risen. This affects everyone from restaurants to delivery partners. Therefore, Swiggy and Zomato raised platform fees to cover these increased costs.
How Frequent Orders Will Be Affected
The higher fees will most affect users who regularly order food, such as students and young professionals living away from home. For them, the increased costs will add up, significantly impacting their monthly budgets.
Zomato and Swiggy Both Raise Fees
Last week, Zomato raised its platform fee by 19%, starting with just ₹2 in August 2023. Swiggy followed suit, increasing its platform fee by 17%. As a result, food delivery is now more expensive.
