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Alphabet Invests In Carl Pei’s Startup Nothing

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Alphabet Invests In Carl Pei’s Startup Nothing,Startup Stories,Carl Pei's Nothing lands $15 million from Alphabet's VC arm,Google parent invests $15 million in Nothing,OnePlus co-founder Carl Pei's Nothing raises USD 15 million in Alphabet-led funding,Alphabet's VC arm backs OnePlus co-founder Carl Pei's Nothing company,Alphabet’s GV invests in Carl Pei’s fledging Nothing hardware brand,Carl Pei’s Nothing raises $15 million from Alphabet’s GV,OnePlus co-founder Carl Pei's start-up raises $15 mn from Alphabet's GV

Carl Pei is one of the most well known names in the startup circles considering he gave the world one its best smartphone brands OnePlus.  Pei shared a vision with his OnePlus co founder Pete Lau, to develop a ‘flagship killer’ mobile phone which could compete with the likes of iPhones and Samsung smartphones but, at the same time having a much lesser price point.  Much of OnePlus’s current popularity is credited to Pei but in October 2020, Carl Pei said the time came for him to leave OnePlus and focus on other interests.

Since then, Pei had been working on his new startup in the audio hardware sector.  Carl Pei unveiled the name of his startup which is now called as Nothing, on January 27th, 2021.  Since then, Nothing has been attracting a lot of investors and the latest to invest in the startup is Alphabet.  In a series round conducted by the investment arm of Alphabet, Google Ventures (GV,) Nothing raised $ 15 million.  The fundraising takes the total amount of financing Nothing raised to over $ 22 million.

Other investors include Tony Fadell (Principal at Future Shape and the Inventor of the iPod,) Casey Neistat (YouTuber,) Kevin Lin (Co founder of Twitch,) Steve Huffman (CEO of Reddit,) Liam Casey (Founder and CEO, PCH,) Paddy Cosgrave (Founder of Web Summit,) Kunal Shah (CEO of CRED) and Josh Buckley (CEO of Product Hunt.)

ALSO READ: CRED’s Kunal Shah Invests In One Plus Founder Carl Pei’s Startup

Nothing’s first wireless earphones will be unveiled in the summer of 2021.  Nothing aims to build an ecosystem of listening devices which talk to each other.  Pei said “We are building an ecosystem of smart devices.  We will start with simpler products, wireless earbuds.  We are going to have multiple products throughout the year, not just audio products, and eventually we want to build it so these devices talk to each other (sic.)”  Pei was a huge part of OnePlus product expansion from just a smartphone to smart televisions, android watch and hearing devices.  OnPlus managed to build an ecosystem with their devices and Carl Pei would be hoping to recreate a similar ecosystem with his audio hardware.  We should not be surprised it Nothing launches a home voice assistant propelled by AI and machine learning similar to Amazon Echo or Google Home.

 

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    October 26, 2025 at 3:57 pm

    Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

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Zoho Pay Debuts as India’s New UPI Challenger, Taking on PhonePe, Paytm, and Google Pay

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Zoho Payment

Zoho Corporation has expanded its fintech portfolio with the launch of Zoho Pay, a UPI-based payments app built to challenge India’s top digital payment giants such as PhonePe, Paytm, and Google Pay. The new app supports peer-to-peer transfers, bill payments, QR-based transactions, and merchant settlements in a streamlined interface. Available as both a standalone app and an integrated feature inside Zoho’s privacy-driven messenger Arattai, Zoho Pay enables users to handle chats and payments in one platform, emphasizing data privacy and Made-in-India innovation.​

Through seamless integration with Arattai, Zoho Pay allows users to send or request payments, split expenses, and conduct UPI-based transactions directly in their chat windows. Users can link bank accounts, scan dynamic QR codes, and receive audio confirmations of payments, ensuring speed and security. This design mirrors the simplicity of India’s leading UPI apps but is powered by Zoho’s non-advertising, privacy-first model. The integration aligns with Zoho’s mission to build a self-reliant digital ecosystem, where messaging and money management coexist securely.​

In the competitive digital payments market, Zoho Pay differentiates itself through its tight business software integration with apps like Zoho Books, Zoho Payroll, and Zoho Commerce, offering small businesses unified access to payments, billing, and accounting. The company is also expanding its reach with POS devices for merchants featuring UPI QR, card payments, and instant reconciliation tools. With founder Sridhar Vembu’s vision of a ‘Chat + Pay’ ecosystem, Zoho Pay reflects a bold step toward redefining India’s fintech scene with a secure, ad-free, and locally developed alternative to global payment platforms.

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Meta Expands AI-Powered Reels Translation to Hindi and Portuguese, Enhancing Global Creator Reach

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Meta has expanded its AI-powered translation feature for Reels to include Hindi and Portuguese, joining English and Spanish in empowering creators to reach a broader global audience on Instagram and Facebook. Originally launched in August 2025 with support for English and Spanish, this update now allows creators to seamlessly translate and dub their short videos, breaking language barriers across some of the largest Reels markets worldwide. The AI technology mimics the creator’s voice tone and even offers lip-syncing to ensure the translated videos feel natural and engaging for viewers.​

This enhancement is especially significant for India, the largest market for Facebook and Instagram, where over 600 million people speak Hindi. Content creators who are not fluent in Hindi can now easily access this vast audience, increasing their reach and engagement across diverse linguistic groups. To maintain transparency, all translated Reels are clearly labeled with “Translated with Meta AI,” and viewers can choose to switch translations on or off based on their preference.​

In addition to voice dubbing, Meta is developing features to translate captions and text stickers on Reels, making content more accessible even without sound. These AI translation tools are available free for eligible public Instagram accounts and Facebook creator profiles with over 1,000 followers. This innovation reinforces Meta’s commitment to fostering cross-cultural content sharing and enhancing creators’ ability to connect with audiences around the world through short-form videos.

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Dunzo’s Collapse: Reliance’s ₹1,645 Crore Loss Signals Challenges in India’s Hyperlocal Delivery Market

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Startup Stories

Reliance Industries has officially written off its $200 million investment in Dunzo, a once promising quick-commerce startup in India. Despite high-profile backing and the potential to disrupt the hyperlocal delivery sector, Dunzo faced insurmountable challenges including high operational costs, unsustainable cash burn, and stiff competition from larger players like Zepto and Blinkit. Reliance’s decision follows Dunzo’s operational suspension, leadership exits, and failed attempts at securing additional funding or acquisition partners, ultimately resulting in the company’s digital platforms going offline in early 2025.​

The downfall of Dunzo was accelerated by its inability to maintain a healthy balance between rapid expansion and revenue growth, with losses in FY23 reaching an alarming ₹1,800 crore. With monthly expenses crossing ₹100 crore and mounting pressure to scale, Dunzo resorted to layoffs and delayed payments before shutting down most services outside Bengaluru. Reliance’s significant stake, initially seen as a strategic advantage, ended up limiting the startup’s flexibility in making independent decisions during its final months.​

Reliance’s write-off sends a strong message to India’s startup ecosystem about the risks inherent in quick-commerce and hyperlocal delivery models. Investors are increasingly focused on sustainable growth, disciplined scaling, and profitability. For Reliance, lessons from Dunzo’s collapse are shaping future e-commerce strategies, driving greater emphasis on operational efficiency and prudent financial planning in an intensely competitive market.

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