Flipkart Set To Enter Food Delivery Market In Coming Weeks

Business • Anjali Jain

Walmart-owned Flipkart will enter India's food delivery market in the coming weeks, launching via its main platform and a standalone app. This move aims to increase customer engagement and challenge competitors like Zomato and Swiggy. While expanding its commerce ecosystem, CEO Kalyan Krishnamurthy confirmed there is no immediate timeline for an IPO, as Walmart prioritizes achieving EBITDA breakeven by the end of fiscal year 2027.

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Indian corporate gifting is shifting from traditional physical items to digital rewards like Flipkart Gift Cards. This transition offers recipients greater utility through personal choice and simplifies logistics for hybrid teams. For companies, digital cards streamline procurement, enhance financial auditing, and support scalable loyalty programs. Beyond operational efficiency, these cards serve as strategic tools for platform growth by introducing new users to the e-commerce ecosystem.

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Bertelsmann India Investments recently hosted the eighth Bertelsmann Badminton Championship in Bengaluru, bringing together over 150 startup founders and investors under the theme "Rally For Health." The event aimed to promote long-term wellness within the intense entrepreneurial ecosystem. Alongside the tournament, a wellness survey revealed high burnout rates and long working hours among participants, highlighting a need for organizational support for physical and mental health.

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Swiggy's board has approved a proposal to cap aggregate foreign ownership at 49.5% to qualify as an Indian-owned-and-controlled company. This move, pending shareholder approval on August 18, would enable Swiggy to directly own and sell inventory through Instamart, enhancing margins and supply chain control. Additionally, the board approved amendments to the Articles of Association to align with FEMA norms and reclassify preference share capital as equity.

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India's electric vehicle sector is expanding, with overall penetration expected to reach 10-12% this fiscal. Ind-Ra reports strong growth in e-two-wheelers and e-three-wheelers, the latter reaching 62-65% by FY27. While passenger vehicles and e-buses show steady growth, long-distance mobility remains gradual. Future success depends on developing a domestic value chain, reducing import reliance for batteries, and expanding charging infrastructure to support broader adoption.

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Business • Palak Sharma

Shares of Swiggy tanked as much as 7.8% to ₹242.60 during the intraday trading on the BSE, a day after.

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While many fear AI-driven job displacement, Durga Prasad Kakaraparthi argues that AI abundance makes human skills more valuable. By automating routine tasks, AI increases the scarcity and premium of human judgment, trust, and accountability. Similar to how digital art enhanced the value of hand painting, AI will elevate roles focused on high-level problem solving. Professionals must evolve their skills to leverage AI and remain competitive.

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The complainant had alleged that the difference arose due to inflated menu prices, delivery charges, platform fee and taxes.

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The National Company Law Tribunal has ordered the resolution professional of Think & Learns, owner of edutech brand Byju's, to halt the Form G bidding process until August 31, 2026. This decision follows a challenge by founders Byju and Riju Ravindran regarding a massive claim by GLAS Trust Company LLC. The founders argue that the claim's size unfairly influences the insolvency process and the final bidding outcome.

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Based on Viktor Frankl's insights, the capacity to endure hardship depends more on finding meaning than on external circumstances. While purpose does not eliminate pain, it enhances resilience and mental health by reframing adversity. Individuals can cultivate meaning by clarifying values, setting purposeful goals, and fostering relationships. Although structural barriers remain, linking actions to a larger purpose transforms endurance into a coherent life direction.

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Business • Team Inc42

Meesho narrowed its Q1 FY27 losses to ₹132.8 crore amid 48% revenue growth. Meanwhile, Skyroot achieved a milestone as the first private Indian company to launch a rocket. VAHDAM is pivoting toward the Indian market, and Klassroom prepares for its SME IPO. Additionally, BUSINESSNEXT raised $40 million, Swiggy seeks to cap foreign ownership for regulatory reasons, and Astrobase is developing indigenous heavy rocket engines for space access.

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Amazon is integrating AI into Prime Video and expanding Indian export capabilities. Google faces a €890 million EU fine and introduces new account recovery features. Space experts warn against orbital data center pollution. Infosys appointed Ashiss Kumar Dash as CEO designate amid strong AI-driven growth. Additionally, Tesla reported weak earnings, oil prices rose following Houthi attacks, and Spudnik Farms expanded its sustainable agriculture model in India.

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Startups • Your story

India's economic growth is increasingly driven by rural areas and small towns, with the digital economy projected to reach nearly 20% of GVA by 2029-30. While digital infrastructure like UPI enables access, sustainable inclusion requires assisted models to overcome gaps in trust, literacy, and continuity. By combining technology with local human support and increasing women's participation, India aims for inclusive, sustainable growth across its villages.

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Startups • Lorenzo Franceschi-Bicchierai

AI companies like Anthropic and OpenAI have implemented strict guardrails to prevent malicious cyberattacks, but these restrictions are hindering legitimate cybersecurity researchers and network defenders. Critics argue that the same tools used for offensive probing are essential for defensive patching. Consequently, some professionals are turning to open-source or foreign AI models, warning that over-sanitization may stifle U.S.-based defensive efforts against future large-scale AI-driven attacks.

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Startups • TechCrunch Events

TechCrunch Startup Battlefield is coming to Australia — and we're partnering with Stripe to find the country's most exciting early-stage startups.

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Startups • Kirsten Korosec

"Mobileye founder and CEO Amnon Shashua will step down after nearly three decades, remaining in his role until a successor is hired. Under his leadership, the company evolved from a chip supplier into an autonomous driving pioneer. Mobileye is now transitioning toward "Mobileye 3.0," focusing on humanoid robotics and a planned 2027 U.S. robotaxi launch, following the $900 million acquisition of Mentee Robotics and partnerships with Volkswagen.".

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Startups • Lucas Ropek

AMD has unveiled Helios, a high-performance rack-scale AI system designed to compete with Nvidia's dominance in the data center market. Targeting the world's largest AI labs, the system has already secured major customers including Microsoft, Meta, and OpenAI. Additionally, AMD introduced the Venice-X CPU for 2027. CEO Lisa Su predicts the AI accelerator market will reach $1.4 trillion by 2030, fueled by agentic AI demands.

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Startups • Aisha Malik

In a memo to staff that was posted online, Conte the company's core business is strong, but that the platform has to respond to market changes and adjust its cost structure to remain stable.

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Startups • Julie Bort

Corgi, an AI-powered insurance startup, is reportedly raising a B2 funding round that would double its valuation. Following a rapid sequence of raises since January, the company's valuation jumped from $1.3 billion to $2.6 billion in May. Corgi expects its annualized revenue run rate to reach $450 million by year-end. Beyond insurance, the firm operates data room software and 24-hour coffee shops in San Francisco and Atlanta.

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Startups • Kirsten Korosec

U.S. regulators are developing new safety requirements to ensure drivers and passengers can exit vehicles safely. The National Highway Traffic Safety Administration initiated this process following reports of people becoming trapped in cars with electronic door handles, particularly Tesla models. While NHTSA declined a specific defect investigation, new rules could apply to all automakers. Tesla and Rivian are already working on redesigning their door handle systems for better accessibility.

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Categories

Flipkart Set To Enter Food Delivery Market In Coming Weeks

From Physical Rituals to Digital Rewards: How Corporate Gifting is Being Rewritten in India

Long hours, little sleep: BII startup wellness survey reveals the cost of building companies

Swiggy board caps foreign ownership at 49.5%

EV penetration may rise to 10-12% of total sales in FY27: report

Swiggy Slumps Nearly 8% After Renewed Push To Cap Foreign Ownership

Scarcity in the age of AI: Why human value is rising

CCI junks complaint against Eternal over Zomato platform fee, pricing practices

NCLT stays Byju's bidding process till next hearing

How meaning helps us endure life's toughest challenges

Meesho’s Q1 Show, Skyroot’s New Era & More

Infosys names new CEO; Helping small farmers earn more

The future of Bharat’s economy is being built beyond cities

How AI guardrails are impeding the work of offensive cybersecurity researchers

Meet the judges who will crown Australia’s next breakout startup

Mobileye CEO Amnon Shashua to step aside as company pushes into robotaxis, robotics

AMD takes on Nvidia with its Helios AI rack scale system

Patreon lays off off 20% of its workforce

Insurance startup Corgi reportedly raised more money at $4B — its third round in eight weeks

Tesla’s door handles may spur new U.S. safety rules