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Amazon To Partner With Grofers To Counter Alibaba BigBasket

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To get a toehold in the online grocery retail sector in the Indian market, Amazon is reportedly discussing investing in Grofers ahead of Alibaba’s investment in BigBasket.

According to media reports, Amazon is looking to align with its rival Grofers as Alibaba and Paytm move ahead with their plans to pick a sizable stake in BigBasket. A news daily reported Paytm Mall and Alibaba have extended the exclusivity period with BigBasket for two weeks. The deal would see $ 150 million infusion in BigBasket from Alibaba through Paytm Mall while another $ 50 million will be given to existing investors in a secondary transaction.

BigBasket was also reportedly in talks with ecommerce giants Amazon for a potential investment but talks with the retail giant failed as the online grocer rejected the $450 million offer made by Amazon. Meanwhile, the US based giant has shown interest to pick up a minority stake in SoftBank backed Grofers. But any investment in Grofers by Amazon would have to cross multiple hoops as existing Grofers investors SoftBank and Tiger Global have also invested in Indian ecommerce firm Flipkart.

According to reports, an investment of around $100 million or so in Grofers can prevent Flipkart from aligning with the retail company, which is their natural ally after SoftBank’s $ 2.5 billion investment in Flipkart. Amazon’s early stage talks with Grofers for an equity funding has been termed as “rumor and speculation” by a spokesperson. VCCircle reported Alibaba’s investment in BigBasket is “just a matter of time,” according to a person privy to the development.

An investment in BigBasket will provide Paytm the ammunition against Amazon who recently received the government’s approval for $500 million investment in the food retail industry. The Jeff Bezos led company also plans to open brick and mortar outlets to sell grocery in the country apart from on their portal. The new business unit will sell either third party labels or Amazon’s private labels of locally produced and packaged food products. Multinationals, as per the foreign direct investment regulations, can only set up wholly owned subsidiaries in India to retail food products as long as the items are produced, processed or manufactured in the country.

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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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