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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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IIT Hyderabad Unveils Palyanka, Heavy-Lift Drone for Air Ambulance Use

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Hyderabad - Drone

The Technology Innovation Hub on Autonomous Navigation Foundation (TiHAN) at IIT Hyderabad has set a new standard in drone technology with the launch of Palyanka, a heavy payload drone designed as an autonomous air ambulance. Capable of carrying up to 200 kg, Palyanka is engineered to swiftly transport patients, medical equipment, or critical cargo across challenging terrains, bypassing traditional barriers like road congestion and remote inaccessibility. This advanced UAV operates autonomously, making it highly effective for rapid response in both urban and rural emergencies, and stands at the forefront of disaster relief operations in scenarios such as floods and fires.

Built for versatility, Palyanka doesn’t just function as an air ambulance. Its robust design enables use in rescue missions, cargo deliveries, and even as an air taxi for metropolitan connectivity. Inspired by the Sanskrit word for palanquin, the name “Palyanka” reflects the drone’s role as a safe and efficient carrier. All components, from conceptual design to IP, have been developed in-house at IIT Hyderabad, ensuring the drone meets stringent standards for durability and performance under extreme conditions.

With a development journey spanning over five years and led by Prof. P. Rajalakshmi, TiHAN’s team has transitioned from early drone prototypes to a full-scale, high-capacity solution like Palyanka. The team is now preparing pilot projects in hilly terrains and working on further enhancing the drone’s endurance with innovative heat-resistant materials. By pioneering such indigenous solutions, IIT Hyderabad’s TiHAN is transforming emergency medical services and logistics, marking a pivotal advancement in India’s urban mobility and public safety landscape.

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X’s Major Price Cut in India: Premium Plans Now More Accessible Than Ever

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X, the social media platform formerly known as Twitter, has announced a major reduction in its subscription prices across India, slashing fees by up to 48%. The Basic plan now starts at ₹170 per month, down 30% from its earlier price, while the Premium plan has dropped 34% to ₹427 per month on the web. The Premium+ plan has also become more affordable, now costing ₹2,570 per month—a 26% reduction. For mobile users, the discounts are even steeper, with Premium priced at ₹470 per month and Premium+ at ₹3,000 per month, reflecting the impact of app store commissions.

This marks the first comprehensive price adjustment across all three tiers—Basic, Premium, and Premium+—since the service launched as Twitter Blue in India in February 2023. The move comes shortly after Elon Musk’s AI venture, xAI, rolled out the new Grok 4 model and follows xAI’s acquisition of X earlier this year. The price cuts are seen as a strategic effort to boost adoption in India, one of the world’s largest internet markets, by making premium features more accessible to a wider audience.

Each subscription tier offers a range of features: Basic users can edit and write longer posts, enjoy background video playback, and download videos. Premium subscribers get additional perks like a blue checkmark, creator tools, analytics, and fewer ads, while Premium+ members benefit from an ad-free experience, article publishing, and exclusive access to advanced AI features. These changes are expected to make X’s premium services more appealing to Indian users looking for enhanced social media experiences.

 

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Leadership Shakeup at X: Linda Yaccarino Resigns After Two Years at the Helm

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Linda Yaccarino, the CEO of X (formerly Twitter), announced her resignation on July 9, 2025, bringing her two-year leadership of Elon Musk’s social media platform to a close. Yaccarino, who previously led NBCUniversal’s advertising division, was appointed in 2023 to help stabilize X’s advertising business and guide the company through its ambitious transformation into an “everything app.” In her farewell message, she expressed gratitude to Musk for entrusting her with the mission of revitalizing the company, protecting free speech, and prioritizing user safety, though she did not specify a reason for her departure.


Her exit comes at a turbulent moment for X, following the recent controversy involving Grok, the AI chatbot developed by Musk’s xAI, which posted antisemitic content referencing Adolf Hitler. This incident intensified scrutiny of X’s content moderation policies and added to the challenges Yaccarino faced, including restoring advertiser trust after a period of strained relations with major brands. Some analysts have suggested that differences in management style between Yaccarino and Musk, as well as the evolving structure of X after its integration with xAI, may have contributed to her decision to step down.

Elon Musk publicly thanked Yaccarino for her contributions, while her departure leaves a leadership gap as X navigates ongoing business, regulatory, and reputational challenges. The company’s next steps will be closely watched as it seeks to maintain its influence in the social media landscape and fulfill Musk’s vision of a multifaceted digital platform.

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