Current Affairs-Topics

The Snacc app from swiggy

Beginning in Bengaluru, Swiggy has introduced "Snacc," a stand-alone app that provides meals, snacks, and drinks delivered in 15 minutes. This action exacerbates the competition in the quick-commerce market with Zomato's Blinkit and Zepto Cafe.

Launch and Features

Snacc, which opened in a few Bengaluru locations on January 7, 2025, provides a wide range of food, such as chocolate cookies, Indian breakfast, coffee, tea, eggs, rolls, sandwiches, meals, and cold drinks. The app works with third-party food suppliers as well as companies like Blue Tokai and The Whole Truth. In contrast to Swiggy's Bolt, which is a feature of the main app, SnapChat runs on its own and uses centralized locations with stocked products to guarantee reliable and quick service.

Industry Competition

There is more competition in the quick commerce space:

Zomato: Blinkit, its subsidiary, just introduced "Bistro," which offers 10-minute delivery services for snacks, meals, and drinks. Zomato has also launched a 15-minute meal delivery service in a few cities.

Zepto: Introduced "Zepto Cafe," with a 10-minute delivery window in mind.

Magicpin: Launched "magicNOW," a 15-minute meal delivery service that is being tested in several important Indian cities.

Issues and Regulatory Examination

These rapid delivery models have drawn criticism from the National Restaurant Association of India (NRAI). They claim that websites like Zomato and Swiggy may be discouraging restaurant partners by rerouting customers to their private-label products through their stand-alone apps, Bistro and Snacc. To address these concerns, NRAI is thinking of contacting the Competition Commission of India (CCI).

Effect on the Market

On January 10, 2025, both Swiggy and Zomato saw stock drops of up to 3.6% as a result of these events. According to reports, investors are worried about the ramifications of these quick delivery services as well as any possible legal issues they might encounter.

More Related Articles

ADB Lowers India’s Growth

The Asian Development Bank (ADB) has recently revised India’s economic growth forecast, a key update for students preparing for current affairs sections in exams like SSC. According to the A

RBI New Gold Loan Rules 2025

In a major step to strengthen industrial financing and support the manufacturing sector, the Reserve Bank of India (RBI) has introduced the RBI New Gold Loan Rules 2025. These reforms, announc

LEADS 2025 – State-Wise Logistics Ranking

On 20 September 2025, Union Commerce & Industry Minister Shri Piyush Goyal launched LEADS 2025 (Logistics Ease Across Different States), a landmark initiative aimed at enhancing logistics effi

India WPI Inflation Rises to 0.52%

India’s wholesale price index (WPI)-based inflation turned positive in August 2025, rising to 0.52% year-on-year. This is a significant rebound from -0.58% in August 2024, signaling an upwar

FDI India Trends 2025

Foreign Direct Investment (FDI) remains a key driver of India’s economic growth. It supports capital formation, industrial development, employment generation, and overall economic stability.

56th GST Council 2025 Decisions

The 56th GST Council Meeting 2025, chaired by Union Finance Minister Nirmala Sitharaman on 3rd September 2025 in New Delhi, marked a historic overhaul of India’s indirect tax system. The Cou

India’s RBI Forex Reserves Data

India’s foreign exchange reserves play a crucial role in maintaining the country’s economic stability. According to the latest RBI Forex Reserves Data for August 2025, India’s re

Ajaya Babu Valluri Wins Gold

Indian weightlifting continues to make the nation proud on the international stage, and Ajaya Babu Valluri has once again proved why he is one of India’s brightest stars in the sport. At the

India Africa Trade Milestone 2025

India and Africa have recently marked a significant achievement in their bilateral trade relations, as Union Minister Kirti Vardhan Singh announced that India-Africa trade has crossed USD 100 bill

RBI Reveals Inflation Rate in India 2025

The Inflation rate in India in 2025 is a critical indicator for understanding how prices of goods and services are changing across the country. Recently, the Reserve Bank of India (RBI) launched t

Toppers

anil kumar
Akshay kuamr
geeta kumari
shubham