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Swiggy Instamart to increase delivery fees
Swiggy plans fee hike for Instamart, eyes higher take rate from grocery delivery business
Swiggy's CFO Rahul Bothra told reporters that it plans to increase fees for its grocery delivery service, Instamart, with the aim of increasing its potential take rates from the business from 15% to 20-22%.
Swiggy Considering A Hike In Delivery Fees On Instamart Platform
Rahul Bothra, CFO, told analysts on Tuesday that the online delivery firm is planning to hike the delivery fee charged to its customers using Instamart to help improve the profit margins
Swiggy Instamart Delivery Charges to Increase Soon?
Swiggy Instamart Delivery Charges to Increase Soon? After raising food delivery charges, Swiggy may increase Instamart prices to boost profitability! -- India's Fastest growing Online Shopping Community to find Hottest deals,
Swiggy plans to add over 430 Instamart dark stores by March, eyes contribution break-even next year
The firm plans to take quick commerce dark store count from 609 to 1046 by March 2025; targets consolidated group-level positive adjusted Ebitda by Q3 FY26.
Swiggy mulls increasing Instamart delivery charges to boost profit margins
Bothra, addressing analysts after announcing Swiggy’s quarterly results on December 3, noted that the delivery fee construct would gradually shift to reflect the actual costs, although he did not provide a specific timeline for the price hike.
Your Swiggy Instamart orders may become costlier soon
Swiggy, a major player in the food and grocery delivery space, is considering raising delivery charges for its quick commerce arm, Instamart. The company's Chief Financial Officer (CFO), Rahul Bothra, disclosed the plan during an interaction with analysts. The development comes after the firm announced its Q2 FY25 financial results yesterday.
Can Swiggy’s Instamart spice it up in quick commerce?
The incremental value for Swiggy lies in Instamart, as quick commerce is a bigger opportunity than the food delivery business.
Swiggy Instamart to increase delivery fees; here’s what CFO Rahul Bothra told analyst
Swiggy plans to increase delivery fees for Instamart orders as part of its strategy to boost revenue. CFO Rahul Bothra indicated this move follows a previous platform fee hike. The company aims to enhance its take rates and improve margins through additional monetization,
Swiggy likely to increase delivery charge on Instamart orders: Report
Currently, Swiggy subsidises delivery fees through its loyalty program, Swiggy One, and discounts for new users. While delivery is free for Swiggy One members, other customers pay a dynamic fee.
1h
on MSN
Swiggy’s Instamart pushes for higher average order value; analysts say metric's growth key to improve profitability
Swiggy Instamart's average order value (AOV) of Rs 499 has come in low compared to its competitors like Blinkit and Zepto.
1d
Swiggy Loss Weighed by Instamart, Expects Operating Profit by End-2025
Food delivery platform Swiggy Ltd. posted a smaller quarterly loss and said it expects to become profitable by the final ...
19m
Swiggy stock surges 23% in seven sessions; analysts divided on future growth prospects
Swiggy's recent stock surge highlights strong market optimism, but analysts express mixed sentiments on valuation and future ...
4h
Digital lending slowdown; Swiggy Instamart’s order size challenges
Regulatory scrutiny is taking a toll on the growth of digital lending startups. This and more in todays ETtech Morning ...
Hosted on MSN
1d
Swiggy's loss narrows marginally to Rs 626 crore in Q2
The food delivery business clocked adjusted revenue of Rs 1,808 crore in Q2. On the company's quick-commerce vertical
Swiggy
Instamart
, he said it is at an inflection point. The category is ...
inc42
1d
Swiggy Instamart’s Q2 Revenue Zooms 136% YoY To INR 490 Cr
Swiggy’s quick commerce business saw its operating revenue surge 135.7% to INR 490 Cr in Q2 FY25 from INR 208 Cr in the ...
44m
on MSN
Swiggy shares rally over 11%, extend gains after narrowing quarterly losses
Swiggy shares surged nearly 13% over two sessions, driven by narrowing losses and strong Q2 results. Revenue rose 30% YoY to ...
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