Added: Pascal Halladay - Date: 27.04.2022 02:46 - Views: 33397 - Clicks: 1206
Swiggy and Zomato delivery boys now earn between 25, and 50, per month, depending on factors such as the of deliveries completed and the distance they cover. Delivery staff at startups such as Swiggy Bundl Technologies Pvt. Ltd and Zomato Media Pvt. Ltd have seen their incomes surge in the past six months as the food delivery companies fight an expensive battle to gain a bigger foothold in this fast-growing market.
Swiggy confirmed that incomes of their delivery staff have increased. The spokesperson said Swiggy has one of the largest food delivery networks in the country with around 55, delivery partners across 15 cities. Zomato did not respond to a request for comment. It is a short-term trend and cannot be a sustainable strategy because any hyperlocal industry is tight on unit economics and they cannot keep burning money," said Ujjwal Chaudhry, engagement manager, e-tailing, at RedSeer.
The sudden increase in incomes of food delivery staff has drawn comparisons with cab drivers, whose high initial incomes turned out to be unsustainable. Cab aggregators Ola and Uber, who in handed out massive commissions to drivers, eventually slashed driver incentives to cut losses. And the same thing will happen again," said Sahil Kini, principal at Aspada Investments and a columnist with Mint. They also said that incentives for their delivery staff are far lower than what Ola and Uber were paying drivers in the go-go years of For instance, tony neighbourhoods such as Indiranagar and Koramangala in Bengaluru typically witness higher volumes of orders, compared to other parts of the city, and delivery staff typically complete more deliveries in such areas in a given amount of time, thus earning higher incentives.
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