Food delivery service MagicNow powers Magicpin’s hyperlocal growth; eyes 20% order share by FY26

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Hyperlocal ecommerce startup Magicpin’s 15-minute food delivery service, MagicNow, currently accounts for 13% of all food delivery orders on the platform, with plans to increase this share to 20% by the end of FY26.

The Zomato parent Eternal-backed company had piloted the service across several Indian cities and metros last year in December.

“MagicNow is showing 10% higher monthly retention than Magicpin’s platform average. We’ve received a strong response from both consumers and restaurant partners, especially local merchants, and will…



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Food delivery service MagicNow powers Magicpin’s hyperlocal growth; eyes 20% order share by FY26


Hyperlocal ecommerce startup Magicpin’s 15-minute food delivery service, MagicNow, currently accounts for 13% of all food delivery orders on the platform, with plans to increase this share to 20% by the end of FY26.

The Zomato parent Eternal-backed company had piloted the service across several Indian cities and metros last year in December.

“MagicNow is showing 10% higher monthly retention than Magicpin’s platform average. We’ve received a strong response from both consumers and restaurant partners, especially local merchants, and will…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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