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Amazon May Counter Walmart’s Bid For Flipkart!

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Amazon May Counter Walmart Bid For Flipkart,Startup Stories,2018 Latest Business News,India Largest E commerce Platform,Amazon and Flipkart Business Updates,Tiger Global Management,Flipkart Deal with Walmart,Amazon CEO,Flipkart Business News

Amazon, the Jeff Bezos led e commerce giant, may make a rival bid for India’s largest e commerce platform, Flipkart. Even as Flipkart is in the advanced stages of talks with Walmart, Amazon and Flipkart have been continuous talks to finalize a record breaking deal.

According to reports, Amazon, which is also one of the largest e-commerce services in India, has held early exploratory talks to purchase Flipkart. On the other hand, Walmart is keen to buy 55% shares of Flipkart through primary and secondary share purchases. If it goes through, this deal that could be valued at $ 21 billion.

As per the takeover, existing share holders like Tiger Global Management, Accel Partners, Naspers and IDG Ventures are expected to sell their shares for Flipkart’s deal with Walmart. Since Amazon’s launch in India in the year 2o12, the e commerce giant has been trailing Flipkart in very close numbers. If the deal goes through, Amazon will stand to gain dominance in the e commerce space in India.

Furthermore, if the Amazon bid goes through, Amazon may also stand to gain from Flipkart led fashion e tailers, Jabong and Myntra, the Indian arm of e Bay as well as the financial technology company, PhonePe. Backed by several key investors and armed with a rapid growth strategy, Flipkart is one of the most viable e commerce platforms in the country.

There have been quite a few players interested in investing in Flipkart. Apart from Amazon and Walmart, Google had offered to invest in the Indian e commerce giant to the tune of $ 16 billion. It remains to be seen if Amazon can end the biggest e commerce battle in recent times. If the merge with Flipkart goes through, then the mark on the Indian retail space will definitely be set in stone for years to come!

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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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MapmyIndia Sees 28% Surge in Q4 Profit, Hits INR 49 Cr

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MapmyIndia reported a strong fourth quarter for FY25, with consolidated net profit rising 28% year-on-year to INR 49 crore, up from INR 38.3 crore in Q4 FY24. Revenue from operations jumped 34% to INR 143.6 crore, while total income climbed 40% to INR 166.8 crore. EBITDA surged 47% to INR 58 crore, and the EBITDA margin expanded to 40% from 37% a year ago.

The Consumer Technology & Enterprise Digital Transformation (C&E) segment led growth, with revenue up 60% to INR 88.1 crore, while the Automotive & Mobility Technology (A&M) segment rose 7% to INR 55.4 crore. The company’s map-led business maintained strong EBITDA margins at 47%, and IoT-led margins improved to 14% in FY25 from 12% last year, reflecting a shift toward SaaS revenue.

For the full year, net profit increased 10% to INR 147.6 crore, and operating revenue grew 22% to INR 463.3 crore. The order book at year-end stood at INR 1,500 crore, up 10% year-on-year, supporting the company’s target to surpass INR 1,000 crore in revenue by FY28.

MapmyIndia also announced the renaming of its subsidiary Vidteq to Mappls DT, focusing on digital transformation and defence tech, led by former CEO Rohan Verma. The company declared a final dividend of INR 3.50 per share for FY25, and its shares closed 1.54% higher following the results.

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