').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Swiggy Starts 'Launchpad' For Restaurants At 0% First Month Commission
Move seeks to encourage restaurants new to the platform to see online food delivery as an incremental growth channel. Restaurant partners can save up to Rs 20,000 on commissions, other benefits
Topics
Swiggy | Food delivery
Food aggregator Swiggy on Friday launched its new ‘Swiggy Launchpad’ initiative for restaurant partners across the country, with zero per cent commission for the first month.
The company claims the initiative seeks to encourage restaurants new to the platform to see online food delivery as an incremental growth channel. It says restaurant partners can save up to Rs 20,000 on commissions and other benefits.
“We are consistently looking at avenues to encourage new food entrepreneurs to experience online food delivery,” said Rohit Kapoor, CEO, Swiggy. “With zero per cent commissions for the first one month of their operations, we hope more restaurants, cloud kitchens, and other food entrepreneurs feel confident about online food delivery and take the plunge."
Apart from the commission waiver, Swiggy claims the Launchpad will offer restaurants assistance in the form of dedicated growth managers, free ads on the Swiggy app, extended delivery radius, apps to manage business performance and create high-quality menus, as well as data and insights through business intelligence dashboards.
Swiggy, on average, has over 250,000 restaurant partners enabled on its platform, and typically onboards about 10,000 restaurants every month. This offer applies to all partners new to the Swiggy platform.
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Fri, March 17 2023. 16:24 IST
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more
JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism
In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more
Big Banks Vs. Regional Banks: The Battle For Market Share
The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more
The Evolution Of Philanthropic Advisory Services In Private Banks
The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more