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Swiggy To Merge With Zomato?

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Food delivery platform, Swiggy, is reportedly in talks for a stock based merger with restaurant discovery and food delivery rival Zomato. According to sources, the management of the two companies met recently to discuss a potential merger. However, the talks failed to progress any further due to differences in business alignment and expected valuations.

A news daily reported, Zomato offered a 1:4 share swap ratio to Swiggy. But, Swiggy is looking for a $ 500 million valuation. The food delivery platform recently raised close to $ 80 million in a Series E funding round from Naspers. Post this investment, Swiggy’s valuation increased to $ 400 million. On the other hand, Zomato wants to strike the deal valuing itself at more than $1 billion. The restaurant discovery platform is also currently in talks with Alibaba’s investment arm Ant Financial to close a $ 200 million investment. The company was valued at $ 1.4 billion by the equity research firm Nomura Financial Advisory and Securities (India) Pvt., Ltd.

After the failed merger talks between Flipkart and Snapdeal, Zomato and Swiggy’s merger will be among the most significant moves made towards consolidating a lucrative sector. While Zomato could have continued with its search and restaurant discovery business while continuing as a shareholder in Swiggy, the company was interested in an outright merger. A source close to the development said, “Swiggy was more interested in exploring the merger at existing valuation, but Zomato’s proposed swap ratio would have valued it at $225 million.” 

 Both the companies dominate the food tech business in India. According to reports, Swiggy completes around 4- 4.5 million orders a month. Zomato, which completes close to 3- 3.2 million online orders, has an upper hand in the restaurant discovery business. Speaking about the speculations, an Alipay spokesperson said, “We don’t comment on market speculation.” 

In an emailed statement, Swiggy replied to the allegations stating, “Swiggy has a razor-sharp focus in delivering a superior customer experience as we continue to grow as India’s largest food ordering and delivery company. We would not like to comment on baseless speculations such as this.” 

The online food delivery market in India grew exponentially in 2016 with an estimated gross merchandise value (GMV) of $300 million. Recently, global players like UberEATS and Google also entered the Indian online food delivery industry. 

 

Note – This article has been updated after we received an official response from Swiggy. 

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CoRover Unveils BharatGPT Mini: India’s First Offline Multilingual AI

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BharatGPT

CoRover has launched BharatGPT Mini, India’s first offline multilingual AI model, at VivaTech 2025 in Paris, with the event officiated by Union Minister Jitin Prasada. This innovative Small Language Model (SLM), featuring around 534 million parameters, is specifically designed for edge devices and low-compute environments, enabling robust AI capabilities without the need for cloud connectivity. Its ability to function entirely offline and support 14 Indic languages makes it a powerful tool for digital inclusion, particularly in rural and remote regions where internet access is limited.

BharatGPT Mini’s architecture is optimized for deployment across various sectors, including healthcare, education, banking, and governance, allowing citizens to interact with essential services in their native languages. The model can be integrated into small businesses, government offices, and other organizations through the CoRover Builder platform, which offers a no-code solution for deploying AI assistants across web, telephony, and IoT systems. By processing data locally and encrypting it on-device, BharatGPT Mini ensures strong privacy and data sovereignty, aligning with India’s strategic goal of developing indigenous AI solutions. 

The launch has garnered strong support from both the Indian government and industry leaders, who see BharatGPT Mini as a catalyst for democratizing access to digital services. CoRover anticipates significant growth in the adoption of Small Language Models, with early feedback indicating a substantial increase in project demand. As CoRover looks to expand its expertise globally, BharatGPT Mini stands out as a scalable, multilingual, and privacy-centric solution, setting a new standard for inclusive and sovereign AI innovation in India’s diverse landscape.

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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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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