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- Gupshup’s Bet On AI, Swiggy Instamart’s Struggles, and Coinbase Eyes Comeback
Gupshup’s Bet On AI, Swiggy Instamart’s Struggles, and Coinbase Eyes Comeback
Plus news about Epsilon Group making a bet on India’s EV future with a ₹15,350 crore investment, Inflection Point Ventures rolling out the third cohort of its early-stage accelerator, and Amazon entering the quick commerce race, piloting 10-minute deliveries.
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Gupshup is doubling down on AI-powered customer engagement, while Swiggy Instamart struggles to keep pace with Blinkit and Zepto in the quick commerce battle. Meanwhile, Epsilon Group is charging ahead with a ₹15,350 Cr EV battery facility in Karnataka, signaling a push for homegrown electrification.
Coinbase is eyeing a comeback in India, testing regulatory waters for a fresh crypto innings. Inflection Point Ventures is back with its startup accelerator’s third cohort, and Amazon is piloting 10-minute deliveries in Bengaluru, adding more fuel to the rapid commerce fire. On the legal front, Aakash and Manipal Group are resisting Glas Trust’s attempt to join the ongoing minority rights dispute.
Grab your simmering cup of StartupChai.in and unwind with our hand-brewed memes.
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“Haar Kar Jeetne Wale Ko Baazigar Kehte Hai”: Swiggy Instamart Behind Blinkit, Zepto In Quick Commerce Race
Swiggy Instamart is struggling to keep pace in India’s quick commerce race, trailing behind Blinkit and Zepto in market share, according to Citi’s latest report.
With Blinkit commanding 41% of the market and Zepto likely ahead of Swiggy’s estimated 23%, the competition is intensifying. As rapid delivery reshapes consumer habits, Swiggy faces an uphill battle to close the gap.
Read more here
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“Ab Aayega Maza”: Inflection Point Ventures To Launch 3rd Cohort Of Early Stage Startup Accelerator
Inflection Point Ventures is rolling out the third cohort of its early-stage accelerator, backing the next wave of Indian startups.
With a portfolio that includes Kairav, Vividobots, and others, the platform continues to bet on emerging ventures. As early-stage funding gets tougher, IPV’s accelerator could be a crucial launchpad for young startups.
Read more here
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“Kyun Hila Daala Na”: Epsilon Group Inks INR 15,350 Cr Deal To Build EV Battery Facility In Karnataka
Epsilon Group is making a massive bet on India’s EV future with a ₹15,350 crore investment in Karnataka. The planned facility will focus on battery manufacturing, testing, and advanced materials research, aligning with the country’s growing push for electrification.
As demand for EVs surges, this move underscores the race to strengthen domestic battery capabilities.
Read more here
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“Hum Bhi Iss Race Mein Daudenge”: Amazon Pilots 10-Minute Delivery In Select Pincodes Of Bengaluru
Amazon has entered the quick commerce race, piloting 10-minute deliveries in select Bengaluru pincodes.
With plans to expand and partnerships in beauty, home, and kitchen categories, the e-commerce giant is testing the waters for rapid delivery. As competition heats up, Amazon’s move signals a deeper push into India’s fast-growing instant commerce space.
Read more here
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“AI Ka Shakti Pradarshan”: Gupshup Launches AI Agents To Boost Conversational Engagement
Gupshup has rolled out a library of 15 AI agents, aiming to refine customer interactions with pre-built, customizable solutions.
The company positions these AI-driven agents as tools to drive revenue growth, enhance user engagement, and streamline operations. As businesses increasingly turn to automation, Gupshup’s latest move underscores the evolving role of AI in customer experience.
Read more here
“Apun Wapas Aayega”: Coinbase Readies For Re-Entry Into Indian Cryptocurrency Market
Coinbase is gearing up for a comeback in India, engaging with regulators over a potential re-entry after its abrupt exit in 2023.
The move comes as its CLO, Paul Grewal, joins the USIBC board, signaling a renewed focus on the Indian market. With past regulatory hurdles still fresh, Coinbase’s return will depend on navigating India’s evolving crypto landscape.
Read more here
“Ye Andha Kanoon Hai”: Aakash & Manipal Group Oppose Glas Trust’s Bid In Minority Rights Suit
Aakash and Manipal Group are pushing back against Glas Trust’s bid to join a legal battle over minority rights.
Glas Trust, representing BYJU’S creditors, wants a say as the troubled edtech firm holds a minority stake in Aakash. With NCLT hearing the dispute, the fight over shareholder rights adds another twist to India’s evolving edtech saga.
Read more here
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Cloud storage startup Lucidity has raised $21 Mn to scale its AI-driven storage solutions for enterprises. The fresh capital will fuel its expansion and help businesses manage cloud infrastructure more efficiently.
Read more hereLegal tech startup SpotDraft has secured $54 Mn to expand its AI-powered contract automation solutions. The funding will drive market expansion, key hires, and product enhancements for smoother legal workflows.
Read more hereAnscer Robotics has raised $2 Mn from Info Edge Ventures to expand globally and develop new product lines. The startup’s intelligent AMRs are already deployed across enterprises in the US, India, Singapore, and Japan.
Read more here
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