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#BoycottZomato and #BoycottUberEats Trend On Twitter

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#BoycottZomato and #BoycottUberEats Trend On Twitter,Startup Stories,#ZomatoUninstalled,Today Twitter Trend India,Twitter Trending Hashtags,Zomato Founder Deepinder Goyal,Boycott Zomato,Boycott Uber Eats,Zomato Customer Controversy,Food Delivery Controversy,Zomato Latest News,Uber Eats Latest News

Zomato and its founder Deepinder Goyal’s reply to one Zomato user’s ridiculous demand and Zomato’s rival Uber Eats supporting Zomato’s decision after the incident has divided people on the internet.  Both the Companies attracted angry reactions from some rightwinged Twitter users, with demands to boycott both the food delivery services and #BoycottZomato and #BoycottUberEats trending on Twitter. 

 

The controversy happened after a Zomato customer took to Twitter to express his anger about getting a “non Hindu” delivery executive.  He further added the Company refused to change the delivery executive delivering his food as well as refused a refund for his cancellation.  Zomato responded to his tweet by stating, “Food doesn’t have a religion. It is a religion.”

 

Many right wing handles on Twitter backed the customer.  However, Zomato and its founder’s replies to the customer’s tweet has been winning hearts on the social media platform as well.

 

Uber Eats, which is the food handling unit of Uber, came in support of its rival, Zomato, with a tweet which read, “.@ZomatoIN, we stand by you (sic.)”

 

Post the incident and the support Uber Eats extended to Zomato, many people expressed their anger by sharing videos and screenshots wherein they uninstalled the food delivery apps from their phones.

 

Apart from Uber Eats, there has been support pouring for Zomato from people all over India, including from celebrities like former Chief Minister (CM) of Jammu and Kashmir Omar Abdullah and Bollywood actresses Swara Bhaskar, Gauhar Khan and Richa Chadda.  These celebrities tweeted in support of Zomato.

 

The customer whose tweets triggered the controversy deactivated his Twitter handle after the situation blew up.

 

What are your thoughts about the entire situation?  Comment below and let us know.

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Tim Cook: Apple Posts Record India Growth in iPhone, Mac & Services

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Apple

Apple CEO Tim Cook revealed that Apple closed the June quarter with record revenue in over two dozen markets, driven by double-digit growth in India across iPhone, Mac and Services. During April–June, iPhone sales in India jumped 13.4% year-on-year, Mac revenue rose 15%, and Services revenue climbed 13%, each marking an all-time quarterly high. Cook emphasized that “we saw iPhone growth in every geographic segment and double-digit growth in emerging markets including India, the Middle East, South Asia, and Brazil.”

India’s strategic importance extends beyond sales into Apple’s supply chain: 71% of iPhones sold in the U.S. now carry “Country of Origin: India,” up from 31% a year ago. This shift underscores Apple’s diversification strategy and its deepening manufacturing partnerships with Foxconn, Pegatron, and Tata Electronics. Cook noted that India has become a “major manufacturing base” for iPhones destined for global markets, reducing reliance on a single region and enhancing supply stability.

Looking forward, Apple plans to open new retail stores in India later this year, bolstering its direct-to-consumer presence and capitalizing on the world’s fastest-growing smartphone market. Despite incurring approximately $800 million in tariff costs during the quarter, Cook affirmed that India’s market potential and manufacturing advantages remain “key pillars of our global strategy” as Apple accelerates its expansion across the subcontinent.

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Microsoft Hits $4 Trillion Milestone Driven by AI and Cloud Growth

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Microsoft vaulted past the $4 trillion market-capitalization milestone on July 31, becoming only the second U.S. company after Nvidia to reach this valuation as AI enthusiasm swept through equity markets. Shares jumped 5.3% on the back of stronger-than-expected fiscal Q4 results, with revenue climbing 18% year-over-year to $76.44 billion and net income rising 24% to $27.23 billion, while earnings per share of $3.65 beat analysts’ $3.37 consensus. 

The company’s Intelligent Cloud segment, led by Azure, delivered 39% revenue growth, pushing full-year Azure sales past $75 billion—a 34% increase—and underscoring cloud and AI as core growth drivers. CEO Satya Nadella emphasized that “Cloud and AI is the driving force of business transformation across every industry and sector,” reflecting momentum from strategic AI investments, including the partnership with OpenAI and proprietary model development. 

Microsoft’s share gains helped propel the Nasdaq Composite up 1.3% to 21,396 and the S&P 500 higher by 0.8%, with the Dow Jones Industrial Average adding 0.3%. Looking ahead, record capital expenditures of $30 billion slated for AI infrastructure and data-center expansion, combined with deep integration of generative AI across Microsoft 365 via Copilot, position the company to sustain market-cap expansion as enterprises accelerate digital transformation.

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Yali Capital

Bangalore’s Yali Capital has closed its first deeptech-focused fund, raising a substantial ₹893 crore (about $104 million) and surpassing its initial ₹500 crore target. This major fundraising milestone highlights the growing appeal and investor confidence in India’s deeptech landscape, fueling innovation in pivotal sectors like semiconductors, artificial intelligence, robotics, aerospace, genomics, and smart manufacturing. The fund cements Yali Capital’s position as a key player driving progress in India’s burgeoning tech ecosystem.

Strategically, Yali Capital’s fund targets both early-stage (Seed, Series A) and later-stage (Series D and beyond) startups. Its diverse roster of Limited Partners (LPs) includes prominent corporations such as Infosys, Qualcomm Ventures, and Tata AIG, alongside government-backed organizations like the DPIIT Fund of Funds for Startups and the Self-Reliant India Fund. With heavyweight backers like Kris Gopalakrishnan (Infosys co-founder), Gopal Srinivasan (TVS Capital), and Utpal Sheth (RARE Enterprises), Yali Capital ensures robust strategic support. The firm’s dual structure—a SEBI-registered Alternative Investment Fund (AIF) and a GIFT City-based feeder vehicle—enables global investor participation, guided by tech luminary Lip-Bu Tan and managing partner Ganapathy Subramaniam.

Already, Yali Capital has invested in five breakthrough startups, including C2I Semiconductor, 4baseCare, and Perceptyne, focusing on chip design and AI. By devoting two-thirds of its fund to early-stage companies, Yali Capital underscores its commitment to nurturing next-generation Indian deeptech founders. This fundraising success aligns with a nationwide trend of surging investments in advanced technology and positions Yali Capital at the forefront of India’s drive toward self-reliance and global tech leadership.

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