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After Swiggy, Zomato Is In Talks For $ 400 Mn Funding!

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Swiggy and Zomato Talks For $ 400 Mn Funding,Startup Stories,Startup News India,Latest Business News 2018,Startup Funding News,Swiggy Funding,Zomato Funding News,Swiggy Vs Zomato,Food Tech Startup Funding,Food Tech War,Food Delivery Startup Swiggy Latest News

Swiggy, the food tech startup’s recent fundraising has caught everybody’s attention! The online food delivery startup Swiggy secured a massive $ 210 million from the South African technology conglomerate Naspers and the Yuri Milner led DST Global. Just a day after the announcement was made Zomato, its competitor started making news for the right reasons! Zomato is likely to raise $ 400 million in funding. According to reports,the Indian restaurant search and food delivery service Zomato, is in talks with its current investors, Ant Financial and Temasek, for a valuation of around $ 2 billion. It is also said that the company is in talks with the Alibaba Group for the existing funding round that could value Zomato between $ 1.6-$ 2 billion. Alongside, food services and facilities management company Sodexo, has partnered with the online restaurant discovery platform, Zomato to facilitate payments for orders. As a part of the launch, consumers who pay for their meals using the Sodexo Meal Pass will get a flat 50 % off on the first five orders from Zomato. It is also gearing up and trying to expand as much as possible in order to improve its competitiveness with regard to Swiggy. Earlier this month, Zomato also announced its expansion in Ludhiana and Lucknow after servicing a spread out across 17 cities in India. The delivery app has partnered with more than 1000 restaurants across Lucknow and Ludhiana, ranging from the city’s favourite, legendary restaurants to the coolest of the cafes in town!

Zomato, valued at $ 1 billion, has operations in countries overseas including the United States, Britain and Australia. So far it raised $ 225 million from investors including Temasek, Sequoia and Info Edge. Whereas, Swiggy is valued at $ 1.3 billion which makes the startup now among the unicorn club. These two rivals are combating to become the number one food tech company in India.

The war between the food tech startups is only getting intense by the day.

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PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

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PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

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Google’s Iconic ‘G’ Logo Gets First Update in 10 Years

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Google has refreshed its iconic ‘G’ logo for the first time in nearly 10 years, replacing the familiar solid blocks of red, yellow, green, and blue with a smooth, vibrant gradient that blends these colors seamlessly. This subtle update gives the logo a softer, more fluid, and modern appearance, aligning with Google’s evolving digital identity and current design trends.

The new gradient transitions smoothly from red to yellow, yellow to green, and green to blue, making the logo more visually appealing and adaptable across various devices, especially on mobile platforms. This redesign also reflects Google’s growing emphasis on artificial intelligence, echoing the gradient style used in the branding of Google Gemini, the company’s AI-generative assistant.

The updated ‘G’ logo has started rolling out on iOS through the Google Search app and on some Android devices, particularly Pixel phones running the Google app beta version 16.18. However, most other platforms, including the web and non-Pixel Android devices, still display the classic solid-color logo. A wider rollout is expected in the coming weeks.

So far, Google’s main wordmark and other product logos like Chrome, Maps, and Gmail remain unchanged. Given the shift toward gradient designs and AI-inspired visuals, similar updates to other Google icons may follow in the future.

In summary, this first major update to the ‘G’ logo since 2015 signals a subtle but meaningful shift in Google’s branding strategy, blending tradition with innovation as the company deepens its focus on AI and modern design aesthetics.

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Ixigo Halts Bookings for Flights and Hotels to Turkey, China

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Indian online travel platform ixigo has suspended all flight and hotel bookings to Turkey, China, and Azerbaijan in response to these countries expressing support for Pakistan after India’s military strikes-dubbed ‘Operation Sindoor’-against terror bases in Pakistan and Pakistan-Occupied Kashmir. The move, announced by CEO Aloke Bajpai on X, was described as an act of solidarity with India during heightened diplomatic tensions following the Pahalgam terror attack.

ixigo’s decision aligns with similar actions by other Indian travel companies, including EaseMyTrip and Cox & Kings, which have also restricted travel services to Turkey, China, and Azerbaijan. The suspensions come amid widespread calls for boycotts after these countries condemned India’s military response and backed Pakistan.

The travel industry’s collective response underscores how geopolitical developments are influencing business decisions, with Indian companies emphasizing national interests and unity in the face of international criticism

 

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