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Google To Launch Payment App ‘Tez’ In India

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Google Launch Payment App,Google Payment App,Tez app,Google Tez app,Tez App Payment in India,Google Tez App,Startup Stories,2017 Latest Business News,2017 Technology News

Global search engine Google plans to launch a localized digital payments service in India called ‘Tez’ which means fast in Hindi. The app will offer a comprehensive set of payment options to users beyond its existing options such as the Google Wallet or Android Pay.

Technology website TechCrunch reported the app may be launched as soon as next week in New Delhi by Caesar Sengupta, the Vice President of Next Billion Users, Google. Tez, developed specifically for the Indian market will also include support for the government backed Unified Payments Interface (UPI) and other consumer payment services such as Paytm and MobiKwik.

Google, which launched Android Pay two years ago in the US, is aiming to delve into the rapidly growing digital payment market in India which is expected to touch $500 billion by 2020. According to a report by news portal The Ken, Tez will be available on the Google Play Store for smartphones and as a Chrome widget for desktops. The service is also likely to be integrated into other applications such as ecommerce, mobility, Play Music, Play Movies and the Play Store for subscription and paid downloads.

While both Android Pay and Google Wallet did not hit off, tech companies like Flipkart are already looking at the potential of Tez. Considering Android is India’s dominant operating system for smartphones, Google could have an upper hand in the digital payments sector.

At present, Alibaba backed Paytm and other digital wallet players like MobiKwik, FreeCharge, Oxigen, Citrus Pay, Phone Pe, PayU, ItzCash, Jio Money and Ola Money are fighting over the lucrative digital payments market. Recently Facebook owned Whatsapp Inc., also showed interest in launching its own digital wallet in India along with other global companies like Truecaller and Uber. According to the Ministry of Electronics and IT, the infrastructure of digital payments in India is expected to increase three fold with almost five million electronic point of sale (PoS) machines by the end of 2017.

Google India has sent out an invite for a press conference in New Delhi on September 18, to share details on the launch of the new product developed grounds up for India.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

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Zepto Delays IPO to Focus on Profitability and Indian Ownership

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Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

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Polygon Enters New Era: Leadership Shift and Major Upgrades Under Sandeep Nailwal

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Polygon StartupStories

Sandeep Nailwal, co-founder of Polygon, has been appointed as the first CEO of the Polygon Foundation, marking a shift from decentralized governance to focused leadership. This change aims to provide clear direction and accelerate Polygon’s growth in the competitive blockchain space.

Under Nailwal’s leadership, Polygon will discontinue its zkEVM network in 2026 to concentrate on the Polygon PoS chain and AggLayer, a new cross-chain liquidity protocol. Significant upgrades to the Polygon PoS chain are planned, starting with the Bhilai upgrade in July 2025, to enhance transaction capacity and support large-scale financial applications.

Polygon enters this new phase with a strong financial position, enabling long-term development without fundraising pressures. While Nailwal leads the Foundation, Marc Boiron continues as CEO of Polygon Labs. This leadership restructuring aims to drive innovation and reinforce Polygon’s position in Ethereum scaling and the Web3 ecosystem.

 

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