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Flipkart To Invest In Swiggy, UrbanLadder and UrbanClap?

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Flipkart To Invest In Swiggy and UrbanLadder,Startup Stories,Latest Business News 2017,Inspirational Stories 2017,Food Delivery Startup Swiggy,Home Services Startup UrbanClap,Flipkart Business News,Flipkart Latest News,Flipkart Invest Money in Swiggy
 In a bid to ward off continual competition from Amazon India, ecommerce website, Flipkart, is planning to diversify its strategy by investing in a large number of startups including food delivery startup, Swiggy, home services startup UrbanClap and furniture retail firm UrbanLadder.

Flipkart has been on the lookout for companies that can help boost its presence in different sectors and a potential investment in these startups will help this ecommerce firm broaden its horizons. Flipkart recently raised a whopping $ 3 billion in fresh capital from investors like SoftBank Group Corp., Tencent Holdings, eBay Inc., and Microsoft Corp.

Since 2014, Flipkart changed its marketing strategy and has been making moves that are beneficial for the company in the long run. Through hitting the market at the right time and by acquiring only those startups that have significant value in the Indian economy, Flipkart has managed to stay right on top since its inception.

Flipkart has also invested $ 500 million dollars in PhonePe,  its counterpart for online payments facilitator,  Paytm. The other part of the investments is being used to boost the already existing arms of the company like Myntra, Jabong, PhonePe and Jeeves Consumer Services. Amazon India is no slouch in the investing department either. Amazon India has been in constant competition with Flipkart, with both ecommerce brands churning out some amazing products at the end of the day. Amazon India has disclosed an investment of $ 800 billion and is planning on using this to further grow in sectors that have a lot of untapped potential.

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PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

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PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

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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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