Back

Nawal

Entrepreneur | Build... • 4m

Swiggy makes over ₹40 crore 🔥 a year just through rounding off—something most users hardly notice. Have you ever observed that the handling fee on a Swiggy Instamart order is ₹7.30? While most platforms stick to whole numbers, this seemingly odd 30-paisa addition plays a crucial role in Swiggy’s revenue strategy. Here’s how: If the handling fee were ₹7, adding 18% GST would bring it to ₹8.26, which would be rounded down to ₹8. But by slightly increasing the base fee to ₹7.30, the total after GST comes to ₹8.61, just enough to be rounded up to ₹9—giving Swiggy ₹1 extra per order. Now, considering Swiggy processes around 1 million Instamart orders daily, this tiny tweak results in an extra ₹40 crore per year.

3 Replies
3
21
Replies (3)

More like this

Recommendations from Medial

Image Description

Gyana Ranjan Dash

 • 

Gameberry Labs • 1y

Yo, I'm a bit confused about something. I'm ordering a packaged food item, and the MRP (Maximum Retail Price) is supposed to include all taxes, right? But why is Swiggy charging me GST (Goods and Services Tax) on top of that? There's also a platform

See More
3 Replies
4

Shivam Gupta

Business Finance And... • 2m

swiggy losses continuously grow.losses cross 929 crore due to expansion of Instamart dark stores and also Swiggy Instamart market share down 3.4 %

Reply
11
Image Description

ReepinderGoyal

Hungry? DM me • 1y

Why is blinkit better than Swiggy instamart? Name blinkit's USP in comparison to instamart, and what strategies can be taken to book this industry even more

1 Reply
3
Image Description

mg

News & updates • 4m

Swiggy has four seperate apps Swiggy - Food delivery Instamart - Quick commerce Snacc - 10 minutes food delivery PYng - professional services From one app to launching multiple apps Swiggy is changing its approach now

1 Reply
5
Image Description
Image Description

Account Deleted

Hey I am on Medial • 11m

Amazon is in talk with Swiggy Instamart to acquire some stakes to make entry into Quick Commerce sector ! What do you think guys ❓

18 Replies
1
11
Image Description
Image Description

gray man

I'm just a normal gu... • 4m

A LinkedIn user's application for a job at Swiggy Instamart has gone viral online, with netizens urging the company to hire him immediately.

4 Replies
14
Image Description
Image Description

BigLoot IN

BigLoot.in - Where S... • 8m

🚴‍♂️ SWIGGY Swiggy Instamart has partnered with PharmEasy to deliver medicines in just 10 minutes across India! 🕑💊 Stay healthy and get your medications delivered fast. #SwiggyInstamart #MedicineDelivery #10MinuteDelivery #PharmEasy #FastDeliver

See More
2 Replies
4
Image Description
Image Description

Sourav Garg

Hey I am on Medial • 9m

How to success against blinkit, swiggy instamart in quick commerce space? Can we win by lower price or cross selling other services at very lower price etc?

13 Replies
1
12
Image Description

Sandeep Kiran

Founder of "Ace and ... • 2m

How about offering cashback coupons when customers return paper bags for reuse? Great way to reduce waste and build customer loyalty. Apps like zepto, Swiggy Instamart, blinkit

1 Reply
1

Download the medial app to read full posts, comements and news.