How to Increase Your Business With Merchant Signups

We calculated that there are only 7,000 relevant restaurants in three cities Delhi, Bombay Bangalore, Delhi and Sierra Bombay Bangalore. Our take rate after giving cash back was the only 5% and that could include the both side. We were somewhere between 12 to 17%. So we were giving around 9 to 12% to the consumers and 4 to 5% we were teaching for ourselves.