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magicpin Reduces Platform Fee to Drive Growth and Partners with ONDC for Deliveries

magicpin Reduces Platform Fee to Drive Growth and Partners with ONDC for Deliveries

11/04/24, 9:39 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svggurugram
Money
₹100 million
Industry
logistics
Type
partnership
Magicpin has reduced its platform fee by 29% and aims to onboard 100K restaurants with INR 100 Cr investment, marking a significant growth from its current base of 70K restaurants. The company recorded 500K food orders during the festive weekend and doubled its year-on-year numbers, with a focus on partnering with ONDC for deliveries to maintain a strategic position in the food delivery space.

Company Info

Company
magicpin
Location
gurugram, haryana, india
Additional Info
Magicpin is a hyperlocal delivery platform based in Gurugram, India, and it has recently launched Velocity, its logistics aggregation vertical.