Swiggy follows suit after Zomato raises platform fee per order amid Middle East conflict — check new rate
Food delivery platform Swiggy increased its platform fee ₹17.58 per order, according to its application on Tuesday, following a similar increase by rival Zomato in recent days. Swiggy last increased its platform fee in September last year.
Swiggy and Zomato’s fee hikes come amid rising crude oil prices due to the Middle East conflict, which is expected to increase delivery costs. PTI.
new fee ₹Includes GST 17.58 per order while Zomato charges ₹14.90 on pre-GST basis. With this increase, the platform fees charged by both Swiggy and Zomato are now effectively around ₹17.58 per order.
On March 20, Zomato increased its platform fee by: ₹It comes to 2.40 ₹14.90 per order before GST.
Platform fees are flat fees per order added on top of delivery and restaurant fees and are designed to cover operating costs, technology maintenance and customer support services.
Middle East crisis
The barrel price of Brent crude oil rose 3.5 percent to $103.42, after falling more than 10 percent the previous day. While Iran has reportedly closed the strategic Strait of Hormuz, disruptions to oil, gas and maritime trade routes increasingly threaten global economic stability.
This comes as the conflict in West Asia enters its 24th day following joint US-Israeli attacks on Iran on February 28 that resulted in the death of 86-year-old Supreme Leader Ayatollah Ali Khamenei. His son Mujtaba Khamenei has since been appointed as the new Supreme Leader of the Islamic Republic.
Meanwhile, acknowledging the unprecedented challenges India faces in supplying essential commodities such as crude oil, gas and fertilisers, Prime Minister Narendra Modi said on Tuesday that “self-reliance is the only option” moving forward.
Aware of the rapidly evolving situation, he called on citizens to be prepared for any eventuality.
Highlighting the global energy crisis triggered by the war, he also cautioned against individuals exploiting the situation and directed state governments to curb black marketing and hoarding. In such a critical scenario, Prime Minister Modi emphasized the importance of sending a united message of peace and dialogue to the world from the Upper House of Parliament.
He added that the government is actively trying to procure gas and crude oil from all possible sources and these efforts will continue in the coming days to ensure that the public is not adversely affected.
