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Swiggy shuts down 15-min food delivery app Snacc

EntrackrEntrackr · 1m ago
Swiggy shuts down 15-min food delivery app Snacc
Medial

News: Swiggy shuts down 15-min food delivery app Snacc Bengaluru-based food delivery major Swiggy has shut down Snacc, its standalone app for 10–15-minute food delivery, less than a year after launching the service, according to an internal email sent to employees. Snacc was launched in January 2025 as a dedicated app offering quick delivery of snacks, beverages, and ready-to-eat food items. The service operated through centrally stocked hubs and was positioned as Swiggy’s experiment in ultra-fast food delivery, separate from its main platform. In the internal communication, reviewed by Entrackr, the company said that growth across its food delivery business continues to remain strong, while reiterating its focus on disciplined capital allocation and prioritising scalable initiatives. According to the email, Swiggy’s food delivery business recorded 20.5% year-on-year growth, driven by both order volume growth and improving average order values (AOVs). Snacc was initially rolled out in parts of Bengaluru and later expanded to Gurugram and Noida. However, the service remained limited to a few markets and did not see a wider national expansion.

Rebel Foods launches 15-min food delivery app ‘QuickiES’

EntrackrEntrackr · 1y ago
Rebel Foods launches 15-min food delivery app ‘QuickiES’
Medial

Rebel Foods launches 15-min food delivery app ‘QuickiES’ Cloud kitchen unicorn Rebel Foods is making a foray into the 15-minute food delivery segment to compete with foodtech giants like Zomato and Swiggy. In a LinkedIn post, EatSure co-founder and CEO Sagar Kochhar announced that Rebel Foods has launched its 15-minute food delivery app, QuickiES. Co-founded in 2011 by Jaydeep Barman and Kallol Banerjee, Rebel Foods operates a network of cloud kitchens and restaurants across multiple countries. It owns and operates several quick-service restaurant (QSR) brands, including Behrouz Biryani, Mandarin Oak, Oven Story Pizza, Sweet Truth, LunchBox, The Good Bowl, Firangi Bake, The Biryani Life, and Wendy’s. Rebel Foods claims to operate over 450 cloud kitchens across India, the MENA region, Indonesia, the UK, and 75 Indian cities. In FY24, the company’s revenue from operations increased to Rs 1,420 crore, while its losses narrowed by more than 42% to Rs 378 crore during the same period. The Mumbai-based startup has raised $773 million in funding to date from investors such as KKR, Temasek, Lightbox, Evolvence, and others. The instant food delivery market is becoming increasingly competitive, with Zepto launching a dedicated app for Zepto Cafe, promising 10-minute food deliveries. Meanwhile, Zomato-owned Blinkit has introduced Bistro, a standalone app for instant food delivery. Similarly, Swiggy has launched a standalone app, SNACC, for 15-minute food delivery. Zomato has also entered the quick food delivery segment, while emerging platforms like Swish, Magicpin, and Zing are gaining momentum.

Swish raises $38 Mn led by Hara Global and Bain Capital Ventures

EntrackrEntrackr · 9d ago
Swish raises $38 Mn led by Hara Global and Bain Capital Ventures
Medial

Swish, a Bengaluru-based 10-minute food delivery startup, has raised $38 million in a funding round led by Hara Global and Bain Capital Ventures, with participation from existing investor Accel. The round also includes venture debt from Alteria Capital and Stride Ventures. According to Entrackr’s estimates, Swish’s valuation will jump over 2.4X to Rs 1,267 crore or around $140 million post-money. This is the third funding round for the company in a span of 16 months. Previously, the company raised $14 million from Hara Global Capital and Accel. Before that, it raised $2 million in seed capital in November 2024. The fresh proceeds will be used to support the expansion of its operations and to strengthen its quick delivery infrastructure. Founded in 2024, Swish operates a 10-minute food delivery model through a network of cloud kitchens located close to demand clusters. The company focuses on delivering meals within a limited radius to enable faster turnaround times. According to the company, daily order volumes have increased to approximately 20,000 from about 5,000 four months ago. Swish operates in the ultra-fast food delivery segment alongside larger players such as Zomato, Swiggy, and Zepto. The space has seen multiple rollbacks, with Swiggy shutting down its 10 to 15-minute delivery app Snacc within a year of launch, Zomato pausing its 15-minute service Quick soon after rollout, and Zepto scaling down its quick service vertical Zepto Café.

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