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

Nov 04, 2024•over 1 year ago

Contract Type

partnership

GurugramLogistics

Description

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 Information

Company

magicpin

Location

Gurugram, Haryana, India

About

Magicpin is a hyperlocal delivery platform based in Gurugram, India, and it has recently launched Velocity, its logistics aggregation vertical.

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