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Ankur Sethi spent years at two of India's most iconic startups — Swiggy and Paytm — before leaving his operating role to found Winner Capital, a consumer-first, AI-native syndicate investing out of North America.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comIn this episode, we get into:→ Why consumer AI is massively underfunded while enterprise SaaS gets all the attention→ What "durable retention" actually looks like — and the ambassador signal every founder should watch for→ The 0→1, 1→10, 10→100 framework and how your mindset must shift at each stage→ Why unit economics are non-negotiable even at pre-seed→ The one operating principle from Swiggy & Paytm that most founders underestimate until it's too late→ Why launching a fund during a market correction is actually an advantage→ His honest take on India as a market — and when Winner Capital plans to enterIf you're a founder building in consumer tech or AI, or an operator thinking about making the leap into venture, this one is for you.
In today's Tech3 from Moneycontrol, we bring you a wrap from the India AI Impact Summit in Delhi. PM Modi lays out the MANAV vision for ethical and sovereign AI, French President Emmanuel Macron backs India's small language model strategy, and Sam Altman weighs in on rising AI costs and India's “remarkable” building energy. We also track Mukesh Ambani's AI infrastructure pledge, Mistral's call for sovereign systems, Swiggy shutting Snacc, and TCS raising variable payouts.
Morse code transcription: vvv vvv Catherine OHara Pedro Pascal and Meryl Streep lead tributes Second Epstein victim claims she was sent to UK for sex with Andrew, lawyer says Kings visit leaves Sandringham Parkrun participants speechless Andrew should testify to US Congress over Epstein, suggests Starmer Harry Styles world tour only hits seven cities How tours are changing Ukrainians brace for 20C despite energy truce It will be a catastrophe Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries Israeli air strikes kill at least 27 Palestinians in Gaza, rescue officials say Epstein files Latest emails and pictures dig even deeper hole for Andrew Millions of Jeffrey Epstein files released by US justice department
Morse code transcription: vvv vvv Ghanem al Masarir I mocked the Saudi leader on YouTube then my phone was hacked and I was beaten up in London Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries Making schools phone free is near impossible. Do parents even want it Jeffrey Epstein invited The Duke to meet Russian woman Millions of Jeffrey Epstein files released by US justice department Harry Styles world tour only hits seven cities How tours are changing Rachel Reeves defends fair and reasonable student loans system Catherine OHara Pedro Pascal and Meryl Streep lead tributes A vaccine against murder Israel split over return of death penalty One wrong move and it could all go wrong the men clearing deadly undersea Russian mines
Morse code transcription: vvv vvv Harry Styles world tour only hits seven cities How tours are changing Millions of Jeffrey Epstein files released by US justice department Ghanem al Masarir I mocked the Saudi leader on YouTube then my phone was hacked and I was beaten up in London Rachel Reeves defends fair and reasonable student loans system Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries Making schools phone free is near impossible. Do parents even want it One wrong move and it could all go wrong the men clearing deadly undersea Russian mines Jeffrey Epstein invited The Duke to meet Russian woman A vaccine against murder Israel split over return of death penalty Catherine OHara Pedro Pascal and Meryl Streep lead tributes
Morse code transcription: vvv vvv Harry Styles world tour only hits seven cities How tours are changing Ukrainians brace for 20C despite energy truce It will be a catastrophe Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries Israeli air strikes kill at least 27 Palestinians in Gaza, rescue officials say Second Epstein victim claims she was sent to UK for sex with Andrew, lawyer says Kings visit leaves Sandringham Parkrun participants speechless Andrew should testify to US Congress over Epstein, suggests Starmer Millions of Jeffrey Epstein files released by US justice department Catherine OHara Pedro Pascal and Meryl Streep lead tributes Epstein files Latest emails and pictures dig even deeper hole for Andrew
Morse code transcription: vvv vvv Harry Styles world tour only hits seven cities How tours are changing Making schools phone free is near impossible. Do parents even want it Jeffrey Epstein invited The Duke to meet Russian woman Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries Millions of Jeffrey Epstein files released by US justice department Ghanem al Masarir I mocked the Saudi leader on YouTube then my phone was hacked and I was beaten up in London Rachel Reeves defends fair and reasonable student loans system A vaccine against murder Israel split over return of death penalty One wrong move and it could all go wrong the men clearing deadly undersea Russian mines Catherine OHara Pedro Pascal and Meryl Streep lead tributes
Morse code transcription: vvv vvv Millions of Jeffrey Epstein files released by US justice department Catherine OHara Pedro Pascal and Meryl Streep lead tributes Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries Kings visit leaves Sandringham Parkrun participants speechless Israeli air strikes kill at least 27 Palestinians in Gaza, rescue officials say Second Epstein victim claims she was sent to UK for sex with Andrew, lawyer says Epstein files Latest emails and pictures dig even deeper hole for Andrew Ukrainians brace for 20C despite energy truce It will be a catastrophe Andrew should testify to US Congress over Epstein, suggests Starmer Harry Styles world tour only hits seven cities How tours are changing
Morse code transcription: vvv vvv Millions of Jeffrey Epstein files released by US justice department Making schools phone free is near impossible. Do parents even want it A vaccine against murder Israel split over return of death penalty Jeffrey Epstein invited The Duke to meet Russian woman One wrong move and it could all go wrong the men clearing deadly undersea Russian mines Rachel Reeves defends fair and reasonable student loans system Ghanem al Masarir I mocked the Saudi leader on YouTube then my phone was hacked and I was beaten up in London Catherine OHara Pedro Pascal and Meryl Streep lead tributes Harry Styles world tour only hits seven cities How tours are changing Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries
Morse code transcription: vvv vvv Andrew should testify to US Congress over Epstein, suggests Starmer Millions of Jeffrey Epstein files released by US justice department Ukrainians brace for 20C despite energy truce It will be a catastrophe Blinkit, Swiggy, Instamart, Zepto Inside Indias ultra fast grocery deliveries Catherine OHara Pedro Pascal and Meryl Streep lead tributes Harry Styles world tour only hits seven cities How tours are changing Epstein files Latest emails and pictures dig even deeper hole for Andrew Kings visit leaves Sandringham Parkrun participants speechless Israeli air strikes kill at least 27 Palestinians in Gaza, rescue officials say Second Epstein victim claims she was sent to UK for sex with Andrew, lawyer says
In today's Tech3 from Moneycontrol, we break down how the Economic Survey 2025–26 is pushing back against fears of mass AI-driven job losses while outlining India's real strength in application-led innovation. We also track Ashok Soota's exploration of a stake sale in Happiest Minds, Swiggy's widening year-on-year losses despite strong Instamart growth, and Meta's plan to nearly double its AI spending with up to $135 billion in capital expenditure for 2026.
Swiggy has launched Noice, a private label brand that's popping up across categories on Instamart. But is this a genuine brand-building play or just another experiment destined for Swiggy's product graveyard?In this episode, co-hosts Praveen Gopal Krishnan and Rohin Dharmakumar are joined by Sandeep Nair, co-founder of brand strategy consultancy David & Who and former Swiggy marketing director, and Mrunmayi Oke, SVP of Strategy at Zilo and former head of business at Dunzo. Together, they debate whether Noice is Swiggy's answer to Kirkland or closer to Amazon Solimo with ‘truck-style' packaging.The conversation explores short-term performance metrics and long-term brand building, why most private labels fail, what makes retailers like Costco and Aldi succeed, and whether Swiggy has the organisational discipline to stick with this strategy. They also discuss the economics of private labels and what it takes to build a brand that consumers actually trust.____This episode of Two by Two was produced by Uddantika Kashyap and mixed and mastered by Rajiv CN, our resident sound engineer.If you liked this episode, please share it with your friends and colleagues. And if you have thoughts on the discussion, write to us at twobytwo@the-ken.com.____Additional reading:1. Swiggy used to be a playground for innovation. Now, it's a graveyard by Gaurav Bagur2. Pepsi's biggest bottler is pouring more cola to fight Reliance's Campa by Aakriti Bhalla3. Two by Two episode 5- Swiggy needs to reclaim its past glory4. Two by Two episode 26- Zomato, Swiggy, and the rise of the 10-minute "dark" cafe5. Two by Two episode 45- Are we seeing the unbundling of quick commerce?6. Two by Two episode 72- Can Urban Company avoid BigBasket's fate?
Amidst changing business environment, Tata Consultancy Services has embarked on a transformation journey with AI at its centre. In conversation with businessline, TCS CEO K Krithivasan and CFO Samir Seksaria, talk about how enterprise clients are accelerating AI decisions despite global uncertainty, how deal cycles are shortening, and why the long-held American dream is no longer the primary aspiration for India's IT talent. Read the full interview by Vallari Sanzgiri and Thomas K Thomas in the Hindu Businessline. ‘No more 10-minute delivery': Quick commerce players do away with deadline after labour minister intervenes Union Labour Minister Mansukh Mandaviya has persuaded major delivery aggregators to remove the mandatory 10-minute delivery deadline, following a series of sustained interventions, sources said Tuesday. A meeting was held with leading platforms including Blinkit, Zepto, Zomato and Swiggy among others to address concerns related to delivery timelines. According to sources, Blinkit has already acted on the directive and removed the 10-minute delivery promise from its branding. Other aggregators are expected to follow suit in the coming days. The move is aimed at ensuring greater safety, security and improved working conditions for gig workers. World Bank estimates 7.2% growth for FY26, 6.5% for FY27 World Bank on Tuesday pegged FY26 growth rate at 7.2 per cent which is lower than government's projection of 7.4 per cent. For the next fiscal, the growth rate could be 6.5 per cent. “Growth in India is projected to slow to 6.5 percent in FY2026/27, assuming that the 50 percent import tariffs by the United States remain in place throughout the forecast horizon,” the Bank said in its latest Global Economic Prospects report. Securities transaction tax collection likely to miss Budget target The regulatory tightening of Futures and Options (F&O) trading, among other factors, led to a decline in securities transaction tax (STT) collections. Should current trends persist, revenue is expected to fall short of underperform against Budget estimates, a scenario not seen since FY20. Data made public by the Income Tax Department show that STT collection was around ₹44,500 crore as on January 11. Meeting Budget estimates will require a collection of over ₹33,400 crore in the remaining 79 days, a target that appears increasingly challenging.
Blinkit, Swiggy and Zepto have built their brands on speed. But now, the government is asking them to slow down. So why has the Centre stepped in, and what changes are being forced on India’s biggest quick-commerce platforms?See omnystudio.com/listener for privacy information.
In today's Tech3 from Moneycontrol, we break down why tipping on food delivery apps remains a niche behaviour in India and what the numbers really say about rider earnings. We also look at Wispr Flow's bet on voice-first AI inspired by Iron Man's Jarvis, actor Samantha Ruth Prabhu's growing startup portfolio, and why artificial intelligence and data centres could take centre stage in the Union Budget for FY27.
On this episode of Tech 3 Podcast, we break down earnings of delivery partners at platforms such as Zomato and Swiggy, discuss why more ad dollars are flowing to AI chatbots like Gemini, ChatGPT, Perplexity, list the key asks of space tech startups ahead of the Union Budget and tell you why Q3 is going to be a muted quarter for Indian IT firms. Listen in:
The recent disruption India's aviation sector due to IndiGo's crew shortage has thrown up questions about the concentration of powers in the hands of a few in the market across sectors. India's domestic aviation market is heavily concentrated. IndiGo and Air India together control close to 90 per cent of passenger traffic. Passengers were left without a backup when IndiGo faced a massive staff shortage, after the Directorate General of Civil Aviation (DGCA) implemented new rest and duty norms for the crew. This is not unique to aviation. Across India's economy, several sectors have quietly settled into duopolies. In telecom, Bharti Airtel and Reliance Jio dominate the market. Vodafone Idea and state-run BSNL struggle to stay competitive. In the digital economy, Amazon and Flipkart domiante the e-commerce sector, while, Uber and Ola lead ride-hailing. Zomato and Swiggy dominate food delivery sector. PhonePe and Google Pay command digital payments. Similar concentration exists in cement, steel, automobiles and other core industries. 2025 Nobel economic laurates Philippe Aghion and Peter Howitt studied how companies invest in R&D to get patents to gain an advantage in the market. Their theory helps understanding how societies needs to support R&D to support economic growth. Power concentration is happens with innovation and the ability to raise investments. But concentration becomes a concern when it reduces consumer choice, weakens labour protections, or creates companies considered too big to fail. The IndiGo disruption has reignited that debate. As markets grow more concentrated, the key question remains — at what point should regulation step in to protect competition, workers and consumers? Guest: Rahul Singh, Associate Professor of Law, National Law School of India University Host: Nivedita V Edited and produced by Jude Weston Learn more about your ad choices. Visit megaphone.fm/adchoices
Guest Suggestion Form: https://forms.gle/bnaeY3FpoFU9ZjA47Disclaimer: This video is intended solely for educational purposes and opinions shared by the guest are his personal views. We do not intent to defame or harm any person/ brand/ product/ country/ profession mentioned in the video. Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.(00:00) - Intro(05:27) - Who is Deepinder Goyal?(07:02) - Childhood bullying(10:18) - Does stammering still bother him?(20:34) - One incident where he got very lucky(23:46) - Relationship with his parents(26:01) - One thing he wasted money on(27:45) - What cheating in childhood taught him(30:24) - IIT coaching in Chandigarh & feeling out of place(35:35) - Friendship with Albinder(46:41) - Doubts about Zomato's success(55:16) - Athlete mindset vs vulnerable leadership(1:01:33) - The cost of working alongside Deepinder(1:04:16) - Views on the right to disconnect bill(1:09:16) - Balancing peace and obsession(1:13:24) - Why five co-founders left within four years(1:29:18) - Why he hurts people intentionally(1:32:39) - Complacency after the IPO(1:37:27) - Firing himself and the role of teamwork(2:04:35) - Shark Tank as a business decision(2:11:13) - Acquiring Blinkit(2:18:03) - His views on Zepto(2:23:42) - His inhuman side(2:26:07) - What is AI karma?(2:26:55) - Random firings(2:29:28) - Fake promises made to employees(2:30:27) - Gig workers hired and removed every month(2:31:47) - Zomato salesperson's story(2:35:55) - Number of people terminated monthly(2:37:29) - Why 5,000 people are terminated every month(2:52:23) - How much gig workers earn through Zomato(2:52:48) - Accusations of worker exploitation(2:57:01) - Truth behind 10-minute delivery(3:01:42) - What needs improvement for delivery partners(3:05:13) - Reasons behind delivery partner deaths(3:06:08) - Protocol when a delivery partner dies(3:08:21) - Food delivery startups are not innovative, says MP(3:10:39) - Paying ₹20 lakh for a Chief of Staff role(3:31:39) - Story of Temple & Continue(4:11:41) - What Brain Flow measures(4:13:23) - Deepinder's responsibility(4:15:06) - Conflict between Zomato and Deepinder's research(4:16:47) - Promoting an unhealthy food culture(4:21:25) - His views on ego & insecurities(4:34:56) - BTS(4:36:18) - OutroIn today's episode, we have Deepinder Goyal, Founder and CEO of Eternal, the parent company of Zomato, Blinkit, District, and Hyperpure. He's also the founder of Continue Research, Temple, and LAT Aerospace.Subscribe for more such conversations!Follow Deepinder Goyal Here:Instagram: https://www.instagram.com/deepigoyal/LinkedIn: https://www.linkedin.com/in/deepigoyal/About Raj ShamaniRaj Shamani is an Entrepreneur at heart that explains his expertise in Business Content Creation & Public Speaking. He has delivered 200+ speeches in 26+ countries. Besides that, Raj is also an Angel Investor interested in crazy minds who are creating a sensation in the Fintech, FMCG, & passion economy space.To Know More,Follow Raj Shamani On ⤵︎Instagram @RajShamani https://www.instagram.com/rajshamani/Twitter @RajShamani https://twitter.com/rajshamaniFacebook @ShamaniRaj https://www.facebook.com/shamanirajLinkedIn - Raj Shamani https://www.linkedin.com/in/rajshamani/About Figuring OutFiguring Out Podcast is a Candid Conversations University where Raj Shamani brings raw conversations with the Top 1% in India.
Stepping into 2026: Telecom, gig workers, economy, and exports
In this episode of Imperfect Show Finance, stock market expert V. Nagappan looks back at 2025's best-performing investment avenues and answers the big question every investor is asking: which asset delivered the highest returns—gold, silver, or equities? The discussion compares the performance of precious metals with stock market gains, highlighting why certain assets outperformed others during the year. The episode also touches upon key corporate stories involving Vodafone, Swiggy, and Zomato, along with broader trends in the metal sector, to provide a complete picture of market winners and laggards. By connecting data with real-world market behavior, this video offers valuable takeaways to help investors plan smarter strategies for the future.
Food delivery apps Zomato and Swiggy are rolling out higher incentives for delivery partners ahead of New Year’s Eve, a move they say is standard during festive periods. At the same time, gig worker unions have called for a nationwide strike on December 31st, demanding better pay and working conditions. With lakhs of workers threatening to log off on one of the busiest nights of the year, how serious is the disruption likely to be?See omnystudio.com/listener for privacy information.
Madhav Krishna's journey from Silicon Valley to solving India's 450-million blue-collar workforce challenge is a masterclass in finding product-market fit. Starting with a voice-based English teacher called Lakshmi in 2016, Madhav pivoted three times before discovering the real painkiller: recruitment, not training. Today, Vahan.ai powers hiring for Zomato, Swiggy, Blinkit, and Uber using a unique agency-powered model combined with GPT-4o voice AI that costs just ₹2 per minute compared to ₹3-4 for human recruiters. He shared the complete journey in this candid conversation with host Akshay Datt, revealing why his WhatsApp bot with 500K users meant nothing until he embraced local recruitment agencies instead of trying to disintermediate them. From Y Combinator to backing by Khosla Ventures and Temasek, Madhav explains why SaaS fails in India, how outcome-based pricing became their moat, and why India's trust deficit requires human intermediaries even in the age of AI. With 150 employees generating 40,000 monthly placements and a clear path to profitability at just 3X scale, this is essential viewing for anyone building in India's gig economy, exploring vertical AI applications, or trying to understand what actually works in Indian enterprise markets. Key Highlights:
2025 is done. Forty-eight episodes. Hundreds of guests. Endless banter between Rohin and Praveen.This year, Two by Two covered stories from Bengaluru to the world including business, tech, and everything in between. We didn't just stick to the usual. We asked about people, trends, and the things others weren't paying attention to. We brought on guests who didn't rehearse their answers and tried to make sense of things as they happened.Some episodes turned out to be prescient. Some were messy. Some sparked arguments in our inbox. All of them tried to do what we set out to do: spot hidden connections, ask unasked questions, and figure out what's really going on.This final episode is Rohin looking back at six moments from the year with clips from conversations that stood out. Between each one, he adds context and some behind-the-scenes perspective on why it mattered.Here are the episodes featured:Episode 26: Zomato, Swiggy, and the rise of the 10-minute "dark" caféEpisode 31: Airtel fights spammers. And Truecaller's business modelEpisode 47: Who broke Bengaluru, and how do we fix our cities?Episode 50: In an AI age, India does not have an open source strategyEpisode 51: The invisible whale that capsized India's leaky options boatsEpisode 66: What will bring ambition back from the dead?To everyone who listened, argued with us, sent guest suggestions, or just stuck around, thank you. Next year, we're coming back with everything that makes Two by Two what it is, but bigger and better. Maybe even a few surprises. Stay tuned.There won't be an episode next Thursday. We will return on January 8th, 2026.See you in the new year.________This episode was produced by Uddantika Kashyap and mixed and mastered by Rajiv CN, our resident sound engineer.If you liked this episode of Two by Two, please share it with your friends, family and colleagues who would be interested in listening. If you have suggestions for guests, episodes or even changes we could make. Please write to us at twobytwo@the-ken.com or comment below.
Guest Suggestion Form: https://forms.gle/bnaeY3FpoFU9ZjA47Disclaimer: This video is intended solely for educational purposes and opinions shared by the guest are his personal views. We do not intent to defame or harm any person/ brand/ product/ country/ profession mentioned in the video. Our goal is to provide information to help audience make informed choices. The media used in this video are solely for informational purposes and belongs to their respective owners.Order 'Build, Don't Talk' (in English) here: https://amzn.eu/d/eCfijRuOrder 'Build Don't Talk' (in Hindi) here: https://amzn.eu/d/4wZISO0Follow Our Whatsapp Channel: https://www.whatsapp.com/channel/0029VaokF5x0bIdi3Qn9ef2JSubscribe To Our Other YouTube Channels:-https://www.youtube.com/@rajshamaniclipshttps://www.youtube.com/@RajShamani.Shorts
Swiggy just raised a billion dollars in its IPO last year. Now it needs another ₹10,000 crores. That's not a great sign.On Two by Two this week, hosts Praveen Gopal Krishnan and Rohin Dharmakumar try to make sense of the chaos in India's quick commerce space. Joining them are Ashwin Mehta, head of research at Ambit Capital, and Anand Kalyanaraman, finance editor at The Ken.Here's what happened: Zepto suddenly dropped all fees, forcing Swiggy to scramble and match. Blinkit's CEO is out there declaring the bubble could burst any day now, even though his company is comfortably winning. And everyone's burning cash like there's no tomorrow.The conversation breaks down why this sector is heading for trouble. They argue India can only support around 12,000 dark stores, and we're already at 70% of that. They discuss why Swiggy keeps reacting to what Zepto does instead of leading its own way. And here's a striking stat: the average quick commerce user spends ₹45,000 a year per household. That tells you exactly who this market is really for and why it might be more limited than everyone thinks.It's a messy race where nobody's backing down and the next 12 months will decide who survives.________This episode was produced by Uddantika Kashyap and mixed and mastered by Rajiv CN, our resident sound engineer.If you liked this episode of Two by Two, please share it with your friends, family and colleagues who would be interested in listening. And if you have more thoughts on the discussion, we'd love to hear your arguments as well. You can write to us at twobytwo@the-ken.com or comment below.
In today's Tech3 from Moneycontrol, we break down the biggest stories in startup and tech. Microsoft and Amazon go head-to-head with multi-billion-dollar investments in India, while Meesho delivers a strong market debut with over 40% premium. Swiggy attracts four times demand for its Rs 10,000-crore QIP as investors double down on quick commerce. And a major legal twist as the Delaware court reverses $1 billion damages ruling against Byju Raveendran.
In today's Tech3 from Moneycontrol, we break down Microsoft's $17.5 billion investment commitment to India and what it means for the country's AI and cloud ambitions. We look at Blinkit CEO's bubble warning as Swiggy reloads capital through QIP and Zepto heads for an IPO early next year. Namma Yatri leans on government platforms for expansion beyond Bengaluru. And finally, Groww reveals how Gen Z is pushing families into equities as mutual fund participation is set to double.
India's restaurants just won a four-year battle for customer data access from Zomato and Swiggy. But here's the twist: this "victory" comes precisely as the industry becomes more platform-dependent than ever. While the NRAI celebrates phone number sharing, investors are pouring billions into QSRs and cloud kitchens—business models that assume permanent platform capture. With delivery platforms extracting 16-30% commissions and controlling discovery, logistics, and customer acquisition, data sharing is less a power shift and more a pressure valve. The real story? Restaurants are betting that platform-enabled scale will overcome platform-extracted margins.Tune in.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Saade Aala Radio: Games, Gay Couples, Horses & Haryana Police | Full-On Punjabi MadnessThis episode is pure chaos — comedy, controversy, and classic Saade Aala-style no-filter banter.From Candy Crush to crime, from horse hobbies to Haryana Police — we cover everything that makes Punjab, well… Punjab.
In today's Tech3 from Moneycontrol, we break down Swiggy's big HQ shift from Bellandur to Whitefield as Bengaluru's tech corridors quietly reorganise. We also unpack the government's newly notified DPDP rules and what the long compliance runway means for companies. Then, a look at Peak XV Partners' blockbuster outcomes from Groww and Pine Labs. And finally, why Donald Trump's sudden softening on H-1B visas may not change much for India's tech workforce.
In today's Tech3 from Moneycontrol, we break down Swiggy's massive Rs 10,000-crore QIP as it gears up for expansion, Lenskart's lacklustre market debut despite a strong IPO, and decode a fascinating trend of startup founders investing in their own companies to reclaim equity and signal confidence. Plus, we look at Ather Energy's narrowing losses in Q2 FY26 and how seven out of eleven new-age listed firms are still in the red this quarter.
Swiggy's fundraise advisors, Lenskart's mixed start at listing, India's rising imports from China, New Delhi's hope for a bargain with EU, and a minister stereotypes Mahindra Thar owners - find all this and more news in the latest edition of Moneycontrol Editor's Picks.
What makes a great venture capitalist — luck, timing, or the ability to see what others miss?Brij Bhushan (Prime Venture Partners) and Pratik Poddar (Nexus Venture Partners) talk about the long game of venture capital; the waiting, the lessons hidden in mistakes, and the emotional ride of backing founders through years of uncertainty.With Pratik, we dive into some of the biggest names in the Nexus portfolio: his first meeting with Rapido's founder before he even joined Nexus, the Meesho pitch that became a big miss, and his first call with Zepto's founders. Nexus was one of Zepto's earliest investors and has backed the company in every round since. Pratik speaks with great clarity about conviction, timing, and what truly defines great investing.Brij reflects on his decade of building Magicpin, what it means to “build the same company three times,” and how that journey reshaped the way he now works with founders. Having lived through the chaos of scaling, near-failure, and reinvention, he brings the founder's perspective back into venture capital.Together, Brij and Pratik capture the essence of the VC game — how the industry is evolving, why consensus rarely creates outliers, how real decisions are made inside funds, and why the best founders often seem “too early” rather than too late. We talk about everything that shapes a VC's everyday life, and above all why Brij and Pratik believe it's still the best job in the world.0:00 – Trailer01:59 – Biggest learnings from 10 years as a VC05:00 – Rapido as a counterintuitive bet06:49 – Meesho was a big miss10:20 – Why Venture capital is the best job?12:35 – Every meeting could be life-changing14:54 – Knowing you are NOT in an Operating role16:55 – How often are VCs wrong about market size?18:58 – Where to invest in Consumer companies?25:33 – How consumer VCs bet on behavior change27:12 – Is e-commerce truly built for young users?28:10 – How do Investors deal with Bias?30:04 – Are VCs only remembered for success stories?37:45 – Why good deals rarely come from Consensus?39:24 – The first call with Zepto's founders41:10 – How often do you meet truly exceptional founders?43:45 – Should VCs react to market shifts?46:42 – How long VC's take to make an investment decision?50:53 – How founders should approach fundraising54:27 – Can India produce 50 decacorns in the next few years?55:51 – Best way to play VC game is to have right fund size56:42 – Not Knowing is a pre-requisite for a VC1:00:41 – Exceptional founders have this superpower1:02:02 – Where Indian founders have a real edge1:05:14 – Building AI in India: local maxima or global maxima?1:09:00 – When will Indian Co's acquire Indian startups for $Billions?1:11:55 – Why Zomato & Swiggy aren't true Consumer Co's?-------------India's talent has built the world's tech—now it's time to lead it.This mission goes beyond startups. It's about shifting the center of gravity in global tech to include the brilliance rising from India.What is Neon Fund?We invest in seed and early-stage founders from India and the diaspora building world-class Enterprise AI companies. We bring capital, conviction, and a community that's done it before.Subscribe for real founder stories, investor perspectives, economist breakdowns, and a behind-the-scenes look at how we're doing it all at Neon.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7Send us a text
In today's Tech3 from Moneycontrol, we dive into a blockbuster week in Indian tech. Groww's IPO sees record investor interest, while Pine Labs trims its issue size. Zepto and Swiggy Instamart battle it out in a quick commerce fee war, and Zerodha's CTO Kailash Nadh opens up about how India's startup boom dimmed open-source culture. Plus, Oyo walks back its controversial 6,000:1 bonus share plan after investor backlash.
In today's Tech3 from Moneycontrol, we bring you the top stories from India's tech and startup world. Groww's CEO Lalit Keshre opens up on the fintech's much-awaited IPO and why “time in the market matters more than timing the market.” Swiggy reports losses but plans a Rs 10,000 crore QIP to boost Instamart's growth. Plus, Microsoft bets big on India's developer boom, and Reliance teams up with Google to offer Jio users free access to Gemini AI Pro.
Ever received a push notification on your phone? There's a good chance it came through MoEngage.Raviteja Dodda, founder of MoEngage, shares the story of building a SaaS company from India that now sends 80 billion messages to 2 billion users across 1,200 brands. A decade-long journey of MoEngage from its early years to becoming a category leader in customer engagement. He shares how the company grew by focusing on Indian customers as the strongest validation of product-market fit, before expanding globally by building regional teams with autonomy and hiring people with a founder's mindset to navigate new markets.Ravi also shares the why behind differences in pricing between US and Indian customers (think Swiggy vs DoorDash) and how revenue margins vary when selling in India versus abroad.Whether you're curious about the software powering some of the most familiar brands and apps we use every day, or want a behind-the-scenes look at how MoEngage built an $800M global SaaS business from India,then this episode is for you.0:00 – Trailer1:12 – Founder of software powering messages to 2B Users3:50 – Building one of India's first mobile apps8:49 – Acquiring India's top consumer Internet companies10:12 – Mobile → online → offline: Covering all touchpoints13:19 – How MoEngage became a category leader16:52 – Customer support is extremely rewarding in India24:12 – Reasons for Pricing gap: Swiggy vs. DoorDash27:55 – Revenue margins: India vs. abroad28:30 – Moving OLA from internal solution to Moengage29:54 – Key milestones in MoEngage's journey32:32 – Revenue split across customers33:37 – GTM to take a product built in India global41:19 – Why MoEngage should've entered Europe earlier43:51 – Middle East as the fastest-growing market44:21 – People who create v/s people who execute playbooks50:05 – How to sign large global customers from India?52:54 – Spotting early adopters in new markets55:59 – Can new companies win in mature categories?59:13 – MoEngage's position in AI1:01:54 – Building a $10M ARR SaaS: US vs. India1:03:57 – Scale in India first or go US on Day 0?1:08:45 – MoEngage's IPO timeline1:10:05 – Most exciting SaaS companies from India1:14:11 – Regional teams as mini-startups1:16:51 – What worked for MoEngage in fundraising?-------------India's talent has built the world's tech—now it's time to lead it.This mission goes beyond startups. It's about shifting the center of gravity in global tech to include the brilliance rising from India.What is Neon Fund?We invest in seed and early-stage founders from India and the diaspora building world-class Enterprise AI companies. We bring capital, conviction, and a community that's done it before.Subscribe for real founder stories, investor perspectives, economist breakdowns, and a behind-the-scenes look at how we're doing it all at Neon.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.Send us a text
Join Apoorva and Ankita in yet another fascinating episode of HR Bandit as they tackle September's top workplace headlines shaping the future of work. First, explore the rise of “AI workslop” — how low-quality AI-generated output might be quietly undermining productivity and what HR can do to promote smart AI use. Next, navigate the evolving landscape of the working week, as Microsoft mandates three days in office, Spain rejects the four-day week, and Silicon Valley experiments with a taxing six-day schedule amid job market uncertainties. Finally, get the scoop on Blind's CEO survey revealing nearly half of employees think their CEOs deserve performance improvement plans — featuring figures like Satya Nadella and Cristiano Amon. Plus, don't miss quick hits on profit-sharing at Hyundai, Ben & Jerry's board changes, and a trailblazing remote work policy for new moms at Swiggy. Whether you're an HR pro or workplace watcher, this episode delivers sharp analysis, real-world stories, and signature HR Bandit wit. Tune in for an essential reality check on work today! AI work slop Swiggy just gave working moms 1 full year of WFH after maternity leave. Microsoft back to 3 days in office Spain rejects 4-day work week Blind CEO survey 6 day work weeks in Silicon Valley Ben & Jerry founder resigns Hyundai's profit sharing
Swiggy, once the dominant force in India's quick-commerce market, is now struggling to keep pace. Since its IPO, Instamart's share has slipped to about 25%, well behind Blinkit's commanding over 50%. To engineer a turnaround, CEO Sriharsha Majety is driving sweeping changes at the company—fuelled by a wave of ex-Flipkart hires, including Amitesh Jha as Instamart's new chief. The shake-up marks a cultural pivot from Swiggy's meticulous “doc culture” to a harder-edged “move fast, fail fast” ethos. But with Blinkit and Zepto racing ahead, whether this reset can restore Swiggy's edge or leave it further behind in the quick-commerce race remains to be seen.Compete in India's first and only case competition.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories. If you are a student who wants to participate in The Ken's case build competition, or if you simply want to read the case, you can do that here: https://the-ken.com/case-competition-2025/
In episode 133 of The Prakhar Gupta Xperience, Saurabh Jain joins the conversation to share his perspective on investing and personal growth. He talks about the common mistakes people make while investing, why fixed deposits can sometimes be a safer bet, and how to discover your uniqueness in a competitive world. The discussion also explores the role of AI in shaping smarter decisions for the future.Recording Date: September 9, 2025
In today's Tech3 from Moneycontrol, we break down why Trump's proposed $100,000 H-1B visa fee may not rattle Indian IT as much as feared, why Swiggy's Instamart needs a $500 million boost to stay competitive, how Groww is diversifying its business ahead of its IPO, and PhonePe's revenue and profit surge as it gears up for a market debut.
In today's episode on 7th August 2025, we dive into Swiggy's new bet — DeskEats, and if it could help the food delivery giant inch closer to profitability.
Covino & Rich are in for the great Dan Patrick! The Bushwackers are back! The guys react to getting more airtime on the 4-letter network than when they worked there after their epic work during last night’s MLB Homerun Derby! Their biggest takeaways from what was an epic night from baseball! The guys talk Brock Purdy and what crazy thing he'd do for a Super Bowl ring! Atlanta royalty and two-sport All-Star Brian Jordan joins the guys live from Atlanta! Plus, All-Star Game Trivia for a Swiggy water bottle, and Cal Raleigh's premonition! #crshowSee omnystudio.com/listener for privacy information.
Covino & Rich are in for the DP Show! UNO is being added to a Vegas casino and the guys react! All-Star Game line-ups are announced by C&R. All-Star Game Trivia for a Swiggy water bottle. Plus, they talk about Cal Raleigh making his childhood dream come true. #crshowSee omnystudio.com/listener for privacy information.
Send us a textIn this episode, MotoGPete and Swiggy dive into the wild world of boutique superbikes with the Buell Hammerhead 1190 — a carbon-bodied, 185hp American missile that somehow exists… and slaps.Best bike in the world this week: Buell HammerheadWorst Bike in the World This week: Chinese BullshitAlso on deck:
C&R talk Tyrese Haliburton's game winning shot! Can "Hali" make Puma shoes cool in the States again? Callers & the crew weigh-in on his Hibiscus hoop shoes! Is the Rich the biggest Mets jinx of all-time? There's a Steelers player who spoke negative on Aaron Rodgers in February! Awkward! In honor of the Stanley Cup Final, who/what are the greatest imports from Canada? The callers & crew have some great answers & Swiggy's get handed out! Plus, 'WEEKEND HOBNOBBING!'See omnystudio.com/listener for privacy information.
Covino & Rich laugh about the Steelers player who spoke negative on Aaron Rodgers in February! Awkward! In honor of the Stanley Cup Final, who/what are the greatest imports from Canada? The callers & crew have some great answers & read some Apple Podcast reviews for Swiggy's! Plus, 'WEEKEND HOBNOBBING' sets you up to stream! See omnystudio.com/listener for privacy information.
Covino & Rich finish their fun conversation about seeing things you shouldn't have! The guys react to an earlier conversation on FSR where Iowa Sam was bullied. They talk about the attorney who's offering free prenups for all the 2025 NFL rookies, sparked by Travis Hunter's story. Plus, 'MID WEAK MAJOR' & 'BIG MIKE'S WORDS OF WISDOM for a Swiggy! See omnystudio.com/listener for privacy information.
C&R have fun with a certain team's attendance! Tom Brady told a funny story about something his kid shouldn't have seen at a Super Bowl after-party! This sparks a great topic with tons of humorous calls. Stanley Cup Final time & Dodgers/Mets heating up! Why was Sam bullied? They talk the attorney offering free prenups for all 2025 NFL rookies, sparked by Travis Hunter. Plus, 'MID WEAK MAJOR' & 'BIG MIKE'S WORDS OF WISDOM for a Swiggy! See omnystudio.com/listener for privacy information.
Covino & Rich talk Yankees/Dodgers, Giants/MLB & New York Football Giants! Is the Giants QB room really like a Rich pizza analogy? There's Aaron Rodgers-hate from Terry Bradshaw & Swiggy's are given out for Apple 5-star reviews! Plus, a Goldberg tattoo tribute by his son & 'WEEKEND HOBNOBBING!'See omnystudio.com/listener for privacy information.
C&R talk Rockies woes & ask if Knicks can win in Indiana! A Pacers star is not happy with a repeat offending reporter! Lowenkron makes Shaq mad & they talk Yankees/Dodgers, Giants/MLB & New York Football Giants! A QB room pizza analogy? There's Aaron Rodgers-hate from Terry Bradshaw & Swiggy's are given out for Apple 5-star reviews! Plus, a Goldberg tattoo tribute by his son & 'WEEKEND HOBNOBBING!'See omnystudio.com/listener for privacy information.