CosmicTaco

Magicpin Emerges as Largest Food Delivery Seller on ONDC

CosmicTaco · 2024-10-08T21:16:13.309378+05:30

- Magicpin processes nearly **150,000 daily food and logistics orders** on the Open Network for Digital Commerce (ONDC). - Since joining ONDC in March 2023, Magicpin expanded its restaurant partnerships from **22,000 to 70,000** by September 2024. - Growth is driven by its SaaS offering and its hyperlocal delivery service, Velocity. - Magicpin announced an investment of **Rs 100 crore** to onboard 1 lakh new restaurants and cloud kitchens onto ONDC. - Magicpin serves over **10 million users** who earn rewards on annual spending exceeding $3 billion across 275,000 retailers and over 3,000 brands. Source: [Entrackr](https://entrackr.com/2024/10/magicpin-becomes-largest-food-delivery-seller-app-on-ondc/)

Magicpin processes nearly 150,000 daily food and logistics orders on the Open Network for Digital Commerce (ONDC).
Since joining ONDC in March 2023, Magicpin expanded its restaurant partnerships from 22,000 to 70,000 by September 2024.
Growth is driven by its SaaS offering and its hyperlocal delivery service, Velocity.
Magicpin announced an investment of Rs 100 crore to onboard 1 lakh new restaurants and cloud kitchens onto ONDC.
Magicpin serves over 10 million users who earn rewards on annual spending exceeding $3 billion across 275,000 retailers and over 3,000 brands.

Source: Entrackr