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Flipkart To Invest In Swiggy?

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Flipkart Invest In Swiggy,Startup Stories,Business Latest News 2017,Flipkart Invest in Food Tech Firm Swiggy,Food Delivery Startup Swiggy Latest News,Flipkart Investment Talks With Swiggy,Flipkart and Swiggy News Update,India Largest Ecommerce Startup

Flipkart, which has become India’s largest ecommerce startup, may reportedly invest in the Bengaluru based food delivery startup, Swiggy. According to a report by The Ken, Flipkart along with Chinese venture capital firm Tencent may invest $ 50 million each in the online food delivery platform. The companies have reportedly been in talks for over a month and are planning to close this $ 100 million deal soon. However, there has been no official confirmation regarding this development.

This news comes at a time when media reports suggest Flipkart initiated investment talks with a bunch of vertical ecommerce startups. Backed by Japan based SoftBank, Flipkart recently received an investment of $ 4 billion, giving the company the chance to broaden its scope of services and offerings. The firm recently also launched the grocery delivery service, Supermart, in Bengaluru to compete against its global rival Amazon. Flipkart also announced in June, they plan to roll out a one stop mobile app to order food, hail a cab, plan a vacation, or buy daily essentials.

Earlier this month, Swiggy was reportedly in talks with foodtech unicorn Zomato for a possible merger. However, Swiggy denied all allegations while sources said the talks were closed due to differences in valuations and business alignments. Since it’s launch in 2014, Swiggy raised close to $ 154.67 million so far and was valued at $ 400 million during its last funding round. The startup was able to compete against foodtech behemoths of that time like Zomato and Foodpanda. Swiggy also claims to complete 400 million orders per month with a total of 78,417 daily orders as of January 2017. With over 20,000 partners, the company also launched its central kitchen programme, Swiggy Access, to allow its restaurant partners to set up kitchen spaces in neighborhoods where they currently do not operate.

An investor close to the development told The Ken, “Flipkart has kapda (clothes with Myntra,) now roti (food with Swiggy,) all it needs is makaan (house) and it will complete the three basic necessities in one app.” The report further added the Flipkart investment will explore synergies to leverage Swiggy’s hyperlocal delivery fleet for Supermart as well.

The entry of global players like UberEATS and Google Aero has made the food delivery industry highly competitive. This potential investment from Flipkart could help Swiggy gain an upper hand to leverage unicorn growth with investors like Tencent on board. Swiggy’s decision might be the tipping point for the $ 2.9 billion online food and services market.

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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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