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Flipkart Moves To Silicon Valley With $25 Million Investment

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Flipkart, India’s biggest ecommerce giant, is reportedly eyeing deep technology investments in Silicon Valley. To ramp up their technology infrastructure, the online retailer company may invest over $25 million in at least one Silicon Valley based artificial intelligence (AI) startup.

The Economic Times reported, according to sources close to the matter, Flipkart is looking at tech acquisitions in the Valley because differentiated tech is a new focus area for the company. The sources further added, “The idea is to bring these Indian tech founders from the US who can bring deep technology capabilities that don’t exist in India.

This investment in an AI based tech startup will help Flipkart play catch up with its global rival Amazon, India. The sources claim Flipkart is currently lagging behind Amazon in terms of technology by almost 4 to 5 years. Meanwhile, Amazon has more people in its technology division globally, making it possible for the company to stay ahead of its competition.

In December last year, Flipkart’s co founder Sachin Bansal said AI would be the etailer’s key focus area this year as it looks to make acquisitions around this technology. Flipkart has been planning to invest hundreds of millions of dollars to build AI and machine learning (ML) solutions. These technologies will be used to enhance shopper experience and shortening delivery times, among others.

Artificial Intelligence and machine learning have become the latest global trend used by startups to enhance the consumer experience, build better infrastructure and target niche audiences. According to Sachin Bansal, Flipkart has already started recruiting AI professionals and partnering with hardware based companies for this purpose. In September last year, sources also revealed technology giant Microsoft invested close to $ 200 million in the ecommerce firm to enhance their AI and machine learning capabilities. In addition to this investment, Flipkart is also partnered with Microsoft’s cloud computing platform, Azure. However, Flipkart still operates on its own private cloud infrastructure, while the Microsoft Azure cloud services are yet to be implemented.

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Amazon India Launches At-Home Diagnostic Service, Expands Healthcare Ecosystem

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Amazon India has expanded its healthcare portfolio with the launch of Amazon Diagnostics, an at-home diagnostic testing service developed in partnership with Orange Health Labs. Now available in six major cities—Bengaluru, Delhi, Gurgaon, Noida, Mumbai, and Hyderabad—the service covers over 450 PIN codes and offers access to more than 800 diagnostic tests. Customers can book tests via the Amazon app, schedule home sample collection within 60 minutes, and receive digital reports for routine tests in as little as six hours, making healthcare more accessible and convenient than ever before.

This launch completes Amazon’s integrated healthcare suite in India, which already includes Amazon Pharmacy for medicines and Amazon Clinic for virtual doctor consultations. By bringing these services together under the Amazon Medical umbrella, the company enables a seamless outpatient journey—from doctor consultation to lab testing and medicine delivery—all managed through a single digital platform. The partnership with Orange Health Labs ensures high-quality, reliable diagnostics, supported by Amazon’s operational expertise and focus on customer trust.

Amazon’s entry into the $15 billion Indian diagnostics market signals a major shift in the country’s health-tech landscape, introducing new competition for established diagnostic players. Rather than competing solely on price, Amazon is prioritizing a seamless, trustworthy experience, aiming to address the growing demand for digital healthcare solutions and simplify access for millions of users across India.

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Bhavish Aggarwal’s Krutrim Unveils ‘Kruti’ — An Agentic AI Built for Bharat

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Bengaluru, June 2025 – Krutrim, the AI startup founded by Ola’s Bhavish Aggarwal, has launched its new agentic AI assistant, Kruti. Unlike traditional virtual assistants, Kruti is designed with an Indian-first approach — combining cultural context, multilingual capabilities, and generative AI to offer a more intuitive, task-oriented experience for users.

Kruti is built to do more than just respond to queries — it can independently perform tasks, make decisions, and integrate across platforms for productivity and communication. Powered by Krutrim’s proprietary Indian-trained language model, it brings a deep understanding of local languages and digital behaviors, catering to both personal and business needs in the Indian ecosystem.

Aggarwal described Kruti as “India’s digital brain,” highlighting its role in redefining AI for Bharat. The assistant will be rolled out in phases, starting with enterprise partners and expanding through apps and APIs. As Kruti integrates into various platforms — including Ola’s services — it marks a significant stride in India’s ambition to lead the global AI race.

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Bankruptcy Forces BYJU’S to Offload Epic and Tynker for a Fraction of Acquisition Cost

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BYJU’S, once India’s most celebrated edtech startup, has sold its major US-based subsidiaries Epic and Tynker for a fraction of their original purchase prices, marking a dramatic reversal in its global expansion strategy. The distressed sales, approved by a US bankruptcy court on May 20, 2025, come amid the company’s ongoing financial and legal turmoil. Tynker, a coding education platform acquired by BYJU’S in 2021 for $200 million, was sold to CodeHS for just $2.2 million in cash, while Epic, a digital reading platform bought for $500 million in 2022, was acquired by China’s TAL Education Group for $95 million.

These fire-sale transactions were part of a broader restructuring effort to address disputes with lenders after BYJU’S defaulted on a $1.2 billion loan, which triggered bankruptcy proceedings for its US entities. The company’s US unit, Byju’s Alpha, became the focal point of legal battles, including allegations of mismanagement and the misappropriation of funds by top executives. Court rulings in the US have highlighted instances of fraudulent transfers and breaches of fiduciary duty by suspended directors, further compounding BYJU’S woes.

As BYJU’S scrambles to stabilize its core operations, several of its other high-profile acquisitions, such as Great Learning and Aakash Institute, have started operating independently and distancing themselves from the parent company. The massive losses from the sales of Epic and Tynker underscore the risks of BYJU’S aggressive acquisition spree and the severe impact of its financial mismanagement, leaving the future of the once high-flying edtech giant in question.

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