HomeStartupSwiggy Follows Zomato’s Footsteps, Introduces 2% Collection Fee On Restaurant Partners

Swiggy Follows Zomato’s Footsteps, Introduces 2% Collection Fee On Restaurant Partners

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Swiggy Follows Zomato’s Suite, Introduces 2% Collection Fee On Restaurant Partners
  1. Swiggy has initiated a 2% ‘collection fee’ on all orders placed on its food delivery platform, aiming to streamline customer payments, according to an email sent to partners.
  2. Sagar Daryani, the Vice President of NRAI and founder of QSR chain Wow! Momo, criticized these charges, labeling them as an ‘unwelcome distraction’ and an indirect method to increase commission costs for restaurants.
  3. The introduction of these charges may potentially contribute to better unit economics for Swiggy, aligning with its objective to present a robust balance sheet to potential investors while preparing for its IPO filings.

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