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Zomato Takes The Lead While Swiggy Plays Catch Up

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Swiggy Versus Zomato,Food Wars Become Intense,Startup Stories,2018 Latest Business News,Inspirational Stories 2018,Swiggy And Zomato Business News,Online Food Service Swiggy Business Updates 2018,Food Delivery Business in India,Swiggy Vs Zomato,Swiggy Funding News 2018,Indian Food Delivery Business

Swiggy, Bengaluru based food tech company, just raised $ 100 million in the F level round of funding from China based ecommerce website and hyperlocal existing investor, Naspers. The food tech company had previously raised $ 80 million in the E round funding from Naspers last year in May.

With this new round of funding, Swiggy plans on further strengthening its market leadership position by introducing a host of unique and advanced products and services. Further, Swiggy will also make investments in its new supply business line to solve existing supply and service gaps in the marketplace.

The food tech Bengaluru giant had said earlier it was improving its technology and planned on increasing its technology. As of now, Swiggy has been delivering food within 35 minutes. With this round of funding, it plans on innovating its core technology platform, especially in the areas of data-driven self-learning systems that leverage machine learning and artificial intelligence.

The company said it will build on its adaptive, real-time prediction and optimisation systems. This will further improve consumer choice and personalisation, along with speed, volume and efficiency of deliveries, according to the firm. The online food service is also planning on introducing artificial intelligence into its core technology services.

This round of funding comes at an extremely exciting time as Zomato had recently secured $ 300 million in funding from China based e commerce giant, Alibaba. With two of the major food based tech platforms gearing up for a major competition, it is going to be interesting to see how far the companies plan on going.

Swiggy has continued strong growth through 2017 and now has a clear lead in the market. The company’s performance is all the more impressive given the intense competition we see in the food ordering and delivery business in India. Swiggy has shown it has the ability to rise above the competition and create long-term relationships with its users,”  said Larry Illg the chief executive of Naspers Ventures, in a statement regarding this round of investment.

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Google and NCERT Partner to Revolutionize Education in India!

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Google and NCERT Partner to Revolutionize Education in India!

Google has announced a strategic partnership with the National Council of Educational Research and Training (NCERT) to enhance access to quality education across India. This collaboration aims to empower students, parents, and teachers by providing engaging, multilingual educational content through YouTube, thereby addressing the diverse learning needs of the Indian population.

Key Highlights of the Partnership

  • YouTube Channels in 29 Indian Languages: NCERT will launch dedicated YouTube channels in 29 Indian languages, including Indian Sign Language, making educational resources accessible to a wide range of learners. This initiative is designed to cater to the linguistic diversity of India and ensure that students from various backgrounds can benefit from quality educational materials.
  • NPTEL Courses on YouTube: In collaboration with the National Programme on Technology Enhanced Learning (NPTEL), Google will offer a variety of credentialed courses on YouTube. These courses will cover subjects such as pure sciences, sports psychology, literature, and rocket propulsion. Learners who complete these courses can obtain certifications through the NPTEL-SWAYAM portal, providing them with valuable credentials recognized by India’s prestigious IITs.
  • AI-Powered Learning: Google will leverage its AI technology to enhance learning experiences by providing contextual information, definitions, and images alongside video content. This feature will help students grasp complex concepts more effectively by offering immediate access to supplementary information relevant to the topics being discussed in the videos.

Impact on Education

This initiative marks a significant step toward bridging the digital divide and empowering learners across India. By providing free, high-quality educational content, Google and NCERT are helping to create a brighter future for the next generation. The partnership not only aims to improve educational outcomes but also seeks to foster digital literacy among students and educators alike.

Jonathan Katzman, Director of Product Management at YouTube Learning, emphasized the importance of this collaboration: “Learning has always been at the heart of YouTube. In India, where accessible education is crucial for unlocking the nation’s potential, YouTube can help make learning content more accessible through innovative partnerships, tools, and resources.”

Conclusion

As Google and NCERT work together to roll out this initiative, they are poised to make a substantial impact on education in India. By harnessing technology and focusing on multilingual content delivery, this partnership aims to empower thousands of students and educators across the country. As educational needs continue to evolve, such collaborations will play a vital role in shaping a more inclusive and effective learning environment for all.

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WhatsApp’s Bharat Yatra: Empowering Small Businesses Across India!

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WhatsApp's Bharat Yatra: Empowering Small Businesses Across India!

WhatsApp has embarked on a nationwide initiative called Bharat Yatra to empower small and medium businesses (SMBs) across India. This innovative mobile bus tour aims to provide hands-on training and support to help businesses leverage the power of digital technology, particularly through the WhatsApp Business app.

Key Focus Areas

  • Digital Skill Enhancement: The Bharat Yatra program is designed to equip SMBs with essential digital skills necessary to thrive in the digital age. This includes training on how to effectively navigate the digital landscape and utilize online tools for business growth.
  • WhatsApp Business App Training: Participants will learn how to use the WhatsApp Business app to connect with customers, share product catalogs, and manage inquiries efficiently. This training is crucial for businesses looking to enhance customer engagement and streamline communication.
  • Latest Features and Updates: The tour will highlight the latest features of WhatsApp Business, including Meta Verified, which enhances business credibility, and custom messaging options that allow for personalized communication with customers.
  • AI Integration: Businesses will also be introduced to the potential of Meta AI integration, which can streamline customer engagement processes and boost overall productivity. This aspect of the training aims to familiarize SMBs with advanced tools that can enhance their operational efficiency.

Tour Details

The Bharat Yatra will kick off its journey in Delhi-NCR, visiting bustling markets such as Laxmi Nagar, Rajouri Garden, and Nehru Place. Over the coming months, the bus will cover key business hubs in cities like Gurugram, Noida, Agra, Lucknow, Indore, Ahmedabad, and others. Each stop will feature interactive demos, expert guidance, and personalized support tailored to the unique needs of local businesses.

Impact on the Indian Economy

By engaging directly with businesses across major cities, WhatsApp aims to create a tangible impact on the Indian economy. The initiative aligns with WhatsApp’s broader goal of supporting small businesses and fostering digital growth in India. According to Ravi Garg, Director of Business Messaging at Meta India, “Small businesses are the backbone of India’s economy, and with the right digital tools, they have the power to supercharge the country’s digital transformation.”

Conclusion

As the Bharat Yatra continues its journey across India, it is expected to empower thousands of SMBs, contributing significantly to India’s economic development and digital transformation. By providing essential training and resources, WhatsApp is not only enhancing business capabilities but also reinforcing its commitment to fostering a robust small business ecosystem in India. This initiative builds on previous efforts such as WhatsApp Se Vyapaar, which aimed to upskill millions of traders, further demonstrating WhatsApp’s dedication to supporting India’s entrepreneurial landscape.

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Amazon to Launch 15-Minute Delivery Service, Targets 20 Lakh Jobs in India!

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Amazon to Launch 15-Minute Delivery Service, Targets 20 Lakh Jobs in India!

Quick Commerce Push

  • Service Launch: Amazon India is set to introduce a 15-minute delivery service called Amazon Tez, marking its entry into the fast-paced quick commerce sector.
  • Competition: This initiative aims to compete with established players like Blinkit and Zepto, which have already made significant inroads in offering rapid delivery of essential goods.
  • Initial Rollout: The service will initially launch in selected locations, starting with a pilot program in Bengaluru, before gradually expanding its reach to other urban areas across India.
  • Customer Demand: Samir Kumar, Country Manager of Amazon India, emphasized the growing consumer demand for quick deliveries, stating that people appreciate the convenience of having essentials delivered right to their doorstep within minutes. This shift in consumer behavior reflects a broader trend toward faster service and immediate gratification in shopping.

Job Creation Initiative

    • Job Creation Goal: In addition to its quick commerce push, Amazon India has reaffirmed its commitment to job creation, aiming to create 20 lakh (2 million) direct and indirect jobs by 2025.
  • Key Initiatives:
    • Expanding Seller Network: Amazon plans to empower small and medium businesses to sell online, thus integrating them into the digital economy and expanding its seller base.
    • Building a Robust Logistics Network: The company is focused on creating jobs in warehousing, transportation, and delivery services to support the new quick commerce model. This includes enhancing its logistics infrastructure to ensure timely deliveries.
    • Investing in Technology and Innovation: By investing in technology and training programs, Amazon aims to drive job growth in the tech sector, equipping workers with necessary skills for the evolving digital landscape.

Competitive Landscape

  • Market Potential: The quick commerce sector in India is estimated to be worth around $6 billion, driven by increasing consumer adoption of app-based grocery shopping and the demand for fast delivery services.
  • Intensifying Competition: Amazon’s entry into quick commerce is expected to heighten competition among existing players like Blinkit, Zepto, and Swiggy Instamart. The presence of multiple players in this space is likely to lead to innovations in service offerings and pricing strategies.

Summary

Amazon’s strategic initiatives reflect its commitment to innovation, customer convenience, and significant job creation in India. As it prepares to launch its 15-minute delivery service, the company is poised to disrupt current market dynamics within the quick commerce space. By combining rapid delivery with a robust job creation plan, Amazon aims not only to capture market share but also to contribute positively to India’s economy through employment opportunities. This dual focus on service enhancement and job creation positions Amazon as a key player in shaping the future of retail in India.

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