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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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Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

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Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.

While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.

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How a Golden Retriever Became the Heart and Soul of a Hyderabad Startup’s Workplace

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Golden Retriever in workplace

Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”

Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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