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.
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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 MoreBigLoot.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
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