SNACC, RIL's $110 billion AI war chest, and more are axed by Swiggy.

In the 12 months since inception, Snacc had only been running as a pilot in Bengaluru and Gurugram and had not grown much. In certain subcategories, the app partnered with businesses like The Whole Truth to serve Indian breakfast, coffee, bakery goods, beverages, eggs, and protein; the remaining items were supplied from outside food suppliers.Order numbers and app revenue have not been disclosed by the company.At a time when 10-minute meal delivery was becoming popular, Snacc was introduced in January 2025.

Accel-backed Swish was also gaining popularity among investors and customers, while rivals Blinkit and Zepto introduced rival products, Bistro and Zepto Cafe, respectively.The closure follows Swiggy's recent quarterly losses, which prompted the company to raise additional funds through a Rs 10,000 crore qualified institutional placement (QIP) in the face of growing competition in rapid commerce.