Hungry? Swiggy platform price simply went up, now at Rs 14; soars 7x in 2 years

Meals supply large Swiggy has raised its platform price for meals supply orders by Rs 2, citing elevated buyer transactions through the festive season. The price has now gone up from Rs 12 to Rs 14.

The corporate has steadily raised this cost over the previous two years — from Rs 2 in April 2023 to Rs 6 in July 2024, Rs 10 in October 2024, and now Rs 14. This marks a 600 per cent soar in simply over two years, based on an IANS report.

Additionally Learn:Swiggy vs Zomato Q1: Everlasting, Blinkit outperform as Swiggy’s web loss doubles to Rs 1,197 crore  

Rising income amid excessive order quantity

With over 2 million orders processed every day, Swiggy’s present platform price stage generates further income value crores of rupees every day. The corporate has but to answer the most recent hike.

Swiggy posted a web lack of Rs 1,197 crore year-on-year for the June quarter (Q1 FY26), practically double the Rs 611 crore loss in the identical interval final yr (Q1 FY25). On a quarter-on-quarter foundation, the Bengaluru-based agency recorded a web lack of Rs 1,081 crore in This fall FY25, with a lot of the monetary pressure coming from its Fast Commerce arm, Instamart.

Additionally Learn:Swiggy Q1 Outcomes: Internet loss widens to Rs 1,197 crore; Instamart drives purple ink regardless of 12.5% income progress

Payment hikes throughout trade

Each Swiggy and rival Zomato have beforehand examined greater platform charges throughout high-demand intervals, holding them in place if order volumes remained unaffected. Zomato has additionally carried out 5 hikes in below two years, a 400 per cent enhance.

Because of the Swiggy-Zomato duopoly imposing fee charges as much as 35 per cent, restaurant house owners are sometimes compelled to lift menu costs, making on-line orders greater than 50 per cent costlier than eating in, based on a number of surveys. Each firms have confronted ongoing criticism for failing to enhance employee situations regardless of repeated price hikes for shoppers.

(With inputs from IANS)