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Days After Its Blockbuster IPO, Zomato Rolls Out New Incentive To Ease The Life Of Its Delivery Partners
Zomato IPO success.
Following its blockbuster listing on the Indian bourses, Gurugram-based online food delivery major Zomato has now rolled out a new incentive for its delivery partners, reports Economic Times.
Now on, Zomato will allow its delivery partners to keep the cash collected from cash-on-delivery payments for their own spends. This, as per the company, would save the delivery partners cash-in-hand, as there would be no payback required.
The company would adjust the outstanding amount against the weekly payout of the delivery partners.
Zomato's spokesperson said that the incentive has been in the works for a while and that it was among the feedback that the company had received from its delivery partners in their weekly happiness survey.
Before this, Zomato had also hiked the salaries of its delivery partners in bygone February in sync with the rising fuel prices. It had then offered the "return travel" fee in case they had had to go far away from their base area to fulfil a delivery.
The company was founded in 2010 by Deepinder Goyal and counts the likes of Tiger Global and Sanjeev Bikhchandani led Info Edge as its notable investors.
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