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Swiggy To Get $ 100 Million In Funding

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2018 Latest Business News, Food Delivery Sector Swiggy, Global Technology Hedge Fund, Online Food Delivery Swiggy Latest News, Startup Funding News 2018, startup stories, Swiggy Business News, Swiggy Funding Updates, Swiggy New Features, Swiggy To Get $100 Million In Funding

Global technology hedge fund, Coatue Management, is in talks to buy stakes worth $ 100 million from home grown online food delivery giant, Swiggy. This move comes two months after South African media giant, Naspers and China based e commerce firm, Meituan Dianping, invested $ 100 million in this Bengaluru based startup.

A technology focused hedge fund, the New York based Coatue Management is led by former Tiger Management executive, Philippe Laffont and has over $ 15 billion in assets under management at the moment. Its interest in the Indian Internet ecosystem follows the penetration of affordable data in India. This move will help deepen customer acquisition through deeper penetration.

Swiggy has also been receiving a lot of attention from investors like SoftBank and Tencent. To make matters interesting, the online food delivery platform has partnered with digital payments facilitator, PhonePe. The two have collaborated to build a one tap check out process to make online payments a seamless process.

At the moment, this app is being tested in the beta version and is only available on its Android applications. The app will be available on Swiggy’s website, mobile site and iOS app in a few weeks. This is the first step for PhonePe in the Indian food delivery market. With Zomato receiving $ 200 million in funding recently, Swiggy is working at making sure it stays one step ahead of its competitors like UberEats and Foodpanda.

On the business front, Swiggy has posted a record increase of 500% in revenues in the last financial quarter. In light of the newly formed association between Swiggy and PhonePe, the possibilities of synergies between these three cannot be negated. With this round of funding, Swiggy plans on introducing new features, reduce delivery time and on hiring new drivers to make sure more orders are completed on a day to day basis.

 

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Funding

Dazzl Raises $3.2M Seed Funding Led by OYO’s Ritesh Agarwal for AI Skincare Expansion

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Oyo StartupStories

Bengaluru, January 13, 2026 Dazzl, the D2C beauty startup revolutionizing AI personalized skincare India, secured $3.2 million in seed funding led by OYO founder Ritesh Agarwal’s venture arm. Co-investors include Snapdeal’s Rohit Bansal and Fireside Ventures, valuing Dazzl at $15 million post-money. Founded in 2024 by IIT alumni Priya Singh and Arjun Mehta, the app uses smartphone scans for custom serums, boasting 50,000+ users and ₹5 crore ARR amid India’s $25 billion beauty market surge.

Ritesh Agarwal praised Dazzl’s tech: “Personalization is beauty’s future, like OYO’s guest model.” Funds target R&D for 100+ skin profiles, Gujarat manufacturing under PLI, Instagram/Nykaa campaigns, and 50 hires. In a 20% YoY growing sector (Redseer 2025), Dazzl edges Mamaearth and Plum with 95% AI precision, 90% natural formulas, ₹499 kits, 65% retention (vs. 40% avg), and viral TikTok traction in 10 cities.

D2C beauty startup Dazzl tackles regulations via FSSAI compliance, eyeing $10B e-commerce beauty by 2028 and MENA exports. Q2 haircare launches and Series A loom, with Agarwal’s backing signaling unicorn potential for sustainable beauty products India. Dazzl blends AI with clean beauty for 500M+ consumers.

 

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Google Launches Startup Hub in Hyderabad to Boost India’s Innovation Ecosystem

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Google - StartupStories

Google has launched the Google Startup Hub Hyderabad, a major step in strengthening India’s dynamic startup ecosystem. This new initiative aims to empower entrepreneurs, innovators, and developers by giving them access to Google’s global expertise, mentoring programs, and advanced cloud technology. The hub reflects Google’s mission to fuel India’s digital transformation and promote innovation through the Google for Startups program.

Located in the heart of one of India’s top tech cities, the Google Startup Hub in Hyderabad will host mentorship sessions, training workshops, and networking events designed for early-stage startups. Founders will receive Google Cloud credits, expert guidance in AI, product development, and business scaling, and opportunities to collaborate with Google’s global mentors and investors. This ecosystem aims to help Indian startups grow faster and compete globally.

With Hyderabad already home to tech giants like Google, Microsoft, and Amazon, the launch of the Google Startup Hub Hyderabad further cements the city’s position as a leading innovation and technology hub in India. Backed by a strong talent pool and robust infrastructure, this hub is set to become a growth engine for next-generation startups, driving innovation from India to global markets.

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BMW’s New Logo Debuts Subtly on the All-Electric iX3: A Modern Evolution

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BMW new logo

BMW quietly debuted its new logo on the all-electric iX3, marking a significant yet understated shift in the brand’s design direction for 2025. The updated emblem retains the classic roundel and Bavarian blue-and-white colors, but sharp-eyed enthusiasts noticed subtle refinements: the inner chrome ring has been removed, dividing lines between blue and white are gone, and the logo now features a contemporary satin matte black background with slimmer “BMW” lettering. These enhancements showcase BMW’s embrace of modern minimalism while reinforcing their commitment to premium aesthetics and the innovative Neue Klasse philosophy for future electric vehicles.

Unlike rival automakers that reveal dramatic logo changes, BMW’s refresh is evolutionary and respectful of tradition. The new badge ditches decorative chrome and blue borders associated with earlier electric models, resulting in a flatter, more digital-friendly design that mirrors recent branding seen in BMW’s digital communications. Appearing first on the iX3’s nose, steering wheel, and hub caps, this updated identity will gradually be adopted across all BMW models—both electric and combustion—signaling a unified brand language for years to come.

BMW’s strategic logo update represents more than just aesthetic reinvention—it underscores the brand’s dedication to future-ready mobility, design continuity, and a premium EV experience. As the new roundel begins rolling out on upcoming BMW vehicles, it stands as a testament to the automaker’s depth of detail and thoughtful evolution, offering subtle distinction for keen observers and affirming BMW’s iconic status in the ever-changing automotive landscape.

 

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