Swiggy plans fee hike for Instamart, eyes higher take rate from grocery delivery business

E-commerce platform Swiggy is looking to hike its fees for Instamart, its grocery delivery arm, CFO Rahul Bothra told reporters after the company’s analyst call on December 3, according to a Financial Express report.

Speaking to the media, Bothra said, “In the overall delivery fee construct, today there is a certain amount of subsidy that goes into the business, both through the subscription programme (Swiggy One) as well as getting users acquainted (with) this new service. Over time there is expectation to increase the delivery fee.”