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India's New Gig Worker Law: Zomato & Swiggy Face Major Cost Hike – Will You Pay More?

Economy

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Published on 24th November 2025, 5:29 AM

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Author

Simar Singh | Whalesbook News Team

Overview

India's Code on Social Security (CoSS) will be effective November 21, 2025. Platform aggregators like Zomato and Swiggy must contribute 1-2% of annual turnover to a social security fund for gig workers, capped at 5% of payments to workers. JM Financial estimates this adds ₹2.1–₹2.5 per order, potentially leading companies to pass costs to customers without significantly impacting ordering behavior. Both stocks may see volatility.