How does Swiggy make profit?

Swiggy charges 15-25\% commission on total order bill (inclusive of Goods and Service Tax) from restaurants. The percentage of the commission depends on various factors like the number of orders, location of the restaurant, the commission charged by competitors, etc. Swiggy doesn’t follow any minimum order model.

How does Swiggy Zomato make money?

Food Delivery While users pay a delivery fee, Zomato earns through restaurants who pay a commission for each delivery, which is then split among the delivery partner and the company. Commissions from restaurants vary based on whether Zomato is fulfilling the delivery or whether the restaurant uses its own riders.

What made Swiggy successful?

Proper Business Plan They invested in a larger sales team to bring famous restaurants on board. Swiggy also made investments in bringing up the technology to make its logistics network more efficient. The result – they become an instant success with orders increasing exponentially every month.

How much does Swiggy make per order?

For each order, you can earn Rs 30 – 120. Let’s assume, you are getting Rs 60 as an average. 60 * 14 = 840. So you can earn an average of Rs 840 per each day.

Why is Swiggy not profitable?

“While COVID-19 has impacted the size of our business, it has accelerated our journey to profitability,” wrote Goyal in a blog in July. In a recent announcement, Swiggy had said that it had reached 80-85\% of its pre-COVID levels in terms of food delivery.

What makes Swiggy unique?

Swiggy got a lot of things right, but the driving force behind its success is in its excellent logistics operations. When Swiggy started out, it was fashionable for startups to avoid getting their hands dirty and focus on building a cool app rather than taking up the arduous task of building a supply chain.

Is selling on Swiggy profitable?

Revenue of food delivery giant Swiggy has grown 2.8 times in the last one year, investor SoftBank said. Revenue of the Gurugram-based Zomato stood at ₹916 crore in Q1 of FY22, compared to ₹283.5 crore in the same quarter last year. The duo had earned a total income of about ₹2,700 crore each in the financial year 2020.

Is Swiggy losing to Zomato?

Revenue of the Gurugram-based Zomato stood at ₹916 crore in Q1 of FY22, compared to ₹283.5 crore in the same quarter last year….Swiggy reports nearly three-fold increase in annual revenue, in neck and neck race with Zomato.

Is Swiggy in profit or loss?

Revenue of the Gurugram-based startup stood at ₹916 crore in the first quarter of the financial year 2021-22, compared to ₹283.5 crore in the same period last year. Swiggy reported a revenue of ₹2,776 crore in the financial year that ended in March 2020, according to data platform Tofler.

Which is bigger zomato or Swiggy?

Who has the biggest plate? Since January 2019, Zomato has always dominated the market in terms of revenues. As seen in the graphic below, Zomato had a much wider lead over Swiggy and managed to keep up its sales momentum until the beginning of April 2020.