Zomato Raises the Platform Fee to INR 5; Shares Jump 2%

Zomato has doubled the platform charge in several key regions, including the National Capital Region, Bengaluru, Mumbai, Hyderabad, and Lucknow.

Zomato, the food tech giant, has increased its platform cost by 25% to INR 5 every order and stopped its interstate delivery service interstate Legends.

Zomato has upped its platform price in important cities such as the National Capital Region, Bengaluru, Mumbai, Hyderabad, and Lucknow.

Zomato’s shares began at INR 193.00 on Monday (April 22), up 2% from the previous closing of INR 189.20.

Earlier this year, Zomato hiked the platform price to INR 4 per order across key countries from INR 3 on January 1.

Initially established in 2022, the service allowed meal delivery from particular restaurants in specified cities to a limited number of urban areas.