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Amazon and Tencent Back Andy Rubin’s Essential

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Amazon and Tencent Back Andy Rubin Essential,Android creator Andy Rubin,Essential Products founder,Andy Rubin Essential Phone,Tencent Holding,Startup Stories,2017 Latest Business News,Amazon,tencent latest news

Essential Products Inc., the startup founded by Android creator Andy Rubin has raised $ 330 million in a new funding round from Amazon and Tencent Holding. The company has also signed up with retailers, including Best Buy, Amazon.com and carriers such as Sprint Corporation in the United States and Telus in Canada to sell their first $ 699 smartphone.

The company, in a statement, revealed Access Technology Ventures led the funding round along with strategic investors Tencent Holdings Ltd., electronics contract manufacturer Foxconn and Amazon.com. Existing investors Redpoint Ventures and Playground Global also participated in this round.

The director of Amazon’s investment arm, Alexa Fund, Paul Bernard said, “Essential Products has a compelling vision and road map for connected devices that integrate voice technology in novel ways. We are excited to see Alexa become part of that vision where interacting with technology is simple, helpful and creates an interface that others can build on and innovate. We look forward to what will come from this collaboration.

This funding round values the company at about $ 900 million to $ 1 billion. The release date for the new smartphone will be announced sometime next week and will compete against the Samsung Galaxy 8 and iPhone 8, set to be released in September and October respectively. The big idea behind the Essential smartphone, according to Andy Rubin, is that this phone will make things simpler for customers.

President Niccolo De Masi, speaking about their new smartphone, said they won’t be targeting mass market popularity in the beginning itself but will take advantage of the company’s small scale to innovate faster than their larger rivals. “If we are able to sell low single digit millions [in the first year] that’s very successful for a startup,” he added.

Andy Rubin recently shared 3 images on Twitter to prove that Essential’s first product will be coming soon.

Essential is also developing a smart home hub similar to Amazon’s Echo, along with the smartphone. The hub will have the ability to control music, answer questions and manage tasks, among other things. The speaker can be set up in no time as its Ambient OS can automatically introduce itself to new and existing devices, according to Essential’s website.

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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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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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Zoho Arattai vs WhatsApp: 5 Reasons India’s Homegrown Messenger Is Winning in 2025

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Zoho Arattai messenger has rapidly gained popularity in India by offering features tailored specifically for Indian users, setting itself apart from global competitors like WhatsApp. Arattai delivers exceptional regional language support, intuitive low-bandwidth messaging, and a lightweight interface, making it especially accessible to rural communities and users on lower-end smartphones. This focus on localization and inclusivity gives Arattai a significant edge in the Indian market, ensuring seamless communication even in remote areas.

Beyond usability, Arattai places a strong emphasis on user privacy and data sovereignty. The app stores all user data within India and follows a strict no-ads, no data-selling policy, which guarantees that personal information remains secure and uncompromised. While WhatsApp does provide robust end-to-end encryption, its global servers and Meta-owned data monetization model have raised concerns among privacy-conscious users. Arattai’s transparent approach makes it a trusted and attractive alternative for those who value privacy and wish to avoid intrusive advertisements or AI profiling.

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