<ul><li>Hyperlocal delivery platform magicpin has reduced its platform fee to INR 5 per delivery.</li><li>This move comes as magicpin aims to balance the welfare of their delivery partners and keep customers happy.</li><li>The strategic price reduction follows recent platform fee hikes by competitors Zomato and Swiggy.</li><li>magicpin plans to strengthen its presence on ONDC, invest INR 100 Cr, and onboard 100K new restaurants and cloud kitchens.</li></ul>

magicpin Cuts Platform Fee By 29% To Drive Growth In Daily Orders

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