How much does it cost to partner with Swiggy?
There is no fee or charge for getting your listing up and running in Swiggy. However, Swiggy charges a commission on the sales they generate for you. The commission rate is typically 15 – 22% + GST.
Who invested in Swiggy?
The company raised $800 million in Series J round funding from Falcon Edge Capital, Goldman Sachs, Think Capital, Amansa Capital, and Carmignac, as well as the existing investors Prosus Ventures and Accel valuing Swiggy at around $4.9 billion.
How much percentage does Swiggy take?
Swiggy and Zomato charge take rates of 22-25 per cent on order value from their restaurant partners, which has increased over the years.
Is GST required for Swiggy?
Food delivery apps will now be required to collect 5% GST from consumers instead of the restaurant they pick up orders from, Sitharaman said on Friday evening after the Council meeting. and Swiggy as restaurants and levy 5 per cent GST on supplies made by them.
How much is Zomato Commission?
Zero commission for all food orders placed through Zomato. To all our valuable restaurant partners – you are going to pay zero commission to Zomato if you qualify based on a set of predefined criteria.
Is Swiggy in profit or loss?
Swiggy reported a revenue of ₹2,776 crore in the financial year that ended in March 2020, according to data platform Tofler. Zomato’s FY20 revenue, on the other hand, stood close to ₹2,742 crore in FY20, but it went downhill in FY21 due to COVID-19.
Who is zomato owner?
Deepinder Goyal – Founder
Deepinder Goyal – Founder & CEO – Zomato | LinkedIn.
Is Swiggy making profit?
The Bengaluru-based foodtech giant finished the year with a loss of INR 3768.5 Cr, a 61% increase from a loss of INR 2345.6 Cr in FY19. In FY20, Swiggy’s total revenue stood at INR 2776 Cr, an increase of 115% from INR 1292 Cr in FY19.
How much is Zomato commission?
Does Swiggy have Fssai license?
The food safety standard authority of India (FSSAI) has made it mandatory for all Swiggy to obtain FSSAI Food safety License Registration in order to start their venture.
How do I start a business with Swiggy?
Registration Procedure
- Step 1: Log in to the website.
- Step 2: Fill in the basic details.
- Step 3: Fill in the other details.
- Step 4: Verification process.
- Step 5: Signing Partnership Agreement.
- Step 6: Restaurant name on Swiggy App.
- Step 7: Registration acknowledge message.
- Step 8: Payments of commission.
Who is Zomato owner?