India, April 22 -- Foodtech giant Zomato has hiked its platform fee by 25% to INR 5 per order and also suspended its intercity delivery service Intercity Legends.

Zomato has increased the platform fee across its key markets, including the National Capital Region, Bengaluru, Mumbai, Hyderabad and Lucknow.

On Monday (April 22), Zomato's shares jumped over 4% in early trade to INR 197.8 apiece, compared to its previous close at INR 189.20. The shares opened at INR 193.00.

While Zomato handles between 2-2.2 Mn orders per day, as per reports, a mere INR 1 increase for a larger customer base could significantly boost the company's earnings within a quarter.

Earlier at the beginning of the year, Zomato increased the platform fee to INR 4 per...