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Amazon, Flipkart, and Snapdeal Join Hands To Contradict GST Provision
E-commerce giants Amazon, Flipkart and Snapdeal joined hands to oppose the GST provision. These three companies set aside their differences and came together on Thursday to voice their opinions on tax collection at source (TCS) under the draft model Goods and Service Tax (GST).
According to TCS Norms, online markets should deduct an amount from the total payable to sellers and remit it to the government.
Sachin Bansal, co-founder of Flipkart spoke on the press meet on 9th of this month saying: “None of us is saying GST is bad. It is going to be transformative for e-commerce sector as well as India. However, TCS is a serious issue.”
He also added saying that there are many other ways to ensure that the sellers on the online market platform pay their fair share of taxes.
Amazon’s India head Amit Agarwal and co-founder and CEO of Snapdeal Kunal Bahl said e-commerce companies can share data with the authorities and this will surely make sellers more tax complaint.
At a FICCI event, Bansal confirmed that this had been already taking place in three states – Rajasthan, Delhi, and Kerala.
Bahl said that the proposal of tax collection at source is directed only at e-commerce marketplaces.
Mr. Agarwal, however, said that TCS would completely change the path of e-commerce in India. He also said in a statement: “It is upon us to figure out policies that make the flywheel spin faster while achieving the objectives. And you can achieve this through real time data information sharing.”
OpenAI’s introduction of trusted contact safeguards for potential self-harm cases reflects a major evolution in AI responsibility.
Beyond Moderation
AI safety is shifting from simply blocking harmful content to actively supporting user wellbeing through:
- early risk detection
- human-centered intervention
- stronger emotional safety frameworks
This positions AI as more than an information tool—it becomes part of broader digital support systems.
Key Industry Impact
Trusted contact models could influence future safety standards across:
- AI assistants
- mental health platforms
- social media
- digital health services
The Bigger Challenge
While promising, success depends on balancing:
- privacy
- consent
- ethical intervention
- user trust
Final Take
This move signals that the future of AI safety may rely not just on preventing harmful responses, but on building more responsible, human-connected support systems.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
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