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The Ecommerce Battle: Amazon Vs Flipkart

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Ecommerce rivals Amazon and Flipkart have geared up for their respective festive season sales. For the first time since the inception of ecommerce in India, both the companies will begin their sale offers on the same day.

Both platforms will be offering attractive deals and huge discounts across various categories to drive up sales for five consecutive days. According to sources, homegrown market leader Flipkart has tasked its executives to register a lead of 70%-30% over Amazon India. Meanwhile, the American online retailer Amazon has promised to fight with the force of ‘two Amazons’ against Flipkart in an epic battle. While the stage has been set by the two giants, this year will see the debut of another ecommerce entrant, Alibaba backed Paytm Mall, along with market veterans Snapdeal and Shopclues.

In preparation for the sale, Flipkart India Pvt., Ltd., received a working capital credit of Rs. 1,000 crore from Axis Bank in addition to the existing credit line of Rs. 375 crores that the company already had with the bank. Amazon India has also been catching up with Flipkart in metrics like traffic, volumes and seller base. The global firm has launched 50 brands since January and hosts over two million products under its fashion category. The focus this year will be on the high spending Prime customers while acquiring new customers through their consumables category. Multiple industry experts agree the total sale generated by Flipkart’s Big Billion Days and Amazon’s Great Indian Festival will be at least 50% more than last year, even touching the Rs. 15,000 crores mark.

New entrant Paytm Mall backed by China’s Alibaba has also chalked out an aggressive budget of Rs. 1,000 crores for the sale season including Rs. 501 crores cashback offers. For their four day sale, Paytm Mall will be spending close to $ 35 million on its logistics network claiming that over 50% of the orders will be delivered the same day or by the next day. Meanwhile, smaller ecommerce firms such as Snapdeal and Shopclues are hoping to reaffirm their position in the market this season. Snapdeal, after the failed attempt to merge with Flipkart, plans to conduct 3 or 4 festive sales to regain the big chunk of market share they lost during the 2016 festive season sale. ShopClues, on the other hand, will focus on unstructured categories including unbranded fashion goods to defend its position in smaller towns. The ecommerce firm plans to double sales to over 10 million units during the festive period as it targets an Initial Public Offering (IPO) next year.

According to a study by management consulting agency RedSeer, during the 2016 sale, India’s ecommerce companies generated a gross revenue of $ 2.2 billion. The battle for highest gross revenue generated through festive season sale begins on September 20.

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Jio BlackRock Gets SEBI Approval to Launch Brokerage Operations in India

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Jio BlackRock Broking Private Limited, a joint venture between Jio Financial Services and BlackRock Inc., has received final approval from the Securities and Exchange Board of India (SEBI) to commence operations as a brokerage firm. The regulatory nod, granted via a certificate of registration issued on June 25, 2025, allows the company to function as both a stockbroker and a clearing member in India’s financial markets. This milestone follows a series of regulatory clearances for the Jio BlackRock ecosystem, including approvals for mutual fund and investment advisory businesses, underscoring the joint venture’s ambition to build a comprehensive, digital-first financial services platform.

As a wholly owned subsidiary of Jio BlackRock Investment Advisers, the broking arm aims to deliver affordable, transparent, and technology-driven execution services to Indian investors. The company’s leadership has emphasized that the new platform will empower self-directed investors with seamless execution capabilities, complementing its broader strategy to democratize access to investment solutions in India. The approval is expected to further strengthen Jio BlackRock’s position in the rapidly expanding financial services sector, offering a full suite of products from mutual funds and advisory to brokerage, all accessible through user-friendly digital channels.

The market responded positively to the news, with Jio Financial Services shares rising over 4 percent following the announcement. Industry analysts view this regulatory milestone as a significant step in Jio BlackRock’s efforts to transform India’s investment landscape, moving the country closer to becoming a nation of investors rather than just savers.

 

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

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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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