By Erick These are the most relevant tech news for Indians from the last seven days, and why each of them matters.
Zomato invests in Blinkit
Deepinder Goyal-led food delivery giant Zomato has infused an additional Rs. 500 crore (about $60 million) into its quick commerce service, Blinkit, bringing its total investment in the platform to Rs. 2,800 crore since acquiring it in August 2022.
Why it matters: the headline might be misleading – Zomato already “owns” Blinkit, and I’m more interested in Blinkit as becoming the most successful “home grown” quick commerce platform in India, that recently launched 15 minute ambulance services. This additional 500Cr investment is through a round of funding and is not because of operational issues but is actually to help Blinkit reach its goal of 2,000 micro-warehouses by 2026.
Read: Deepinder Goyal-led Zomato invests Rs 500 crore in Blinkit
Dunzo goes offline
Once a leader in India’s quick commerce retail sector, Dunzo had been facing operational and financial challenges over the past 12–18 months. The app and website are now inaccessible, showing error messages to users.
Why it matters: speaking of “home grown” – this is sadness 🙁. Dunzo was once the darling of the Indian app ecosystem and backed by a very big name, has faced operational issues in the last 12 to 18 months. I guess the final straw was when the co-founder and CEO Kabir Biswas joined Flipkart’s quick-commerce division. Maybe, Flipkart will spin off its version of Dunzo?
Read: Dunzo Shuts Down Operations Following CEO’s Exit Amid Financial Struggles – Indian Retailer
Amazon acquires Axio
Amazon has officially added the digital lending platform Axio to its portfolio, marking a strategic move to expand its financial services offerings in India.
Why it matters: speaking of “home grown” – this is supposed to be good news but I don’t like this! And honestly it’s because I don’t like Amazon (I might be offending most people but I’ll explain this in a future post – stay with me) and it pains me when they make another acquisition in India. You would have heard about Axio if you use Amazon’s “pay later” feature. If you do – just do a quick analysis and notice how much more you’ve been shopping on Amazon since you signed up for this “pay later” feature.
Read: Amazon to acquire fintech firm Axio – The Hindu
Infosys announces salary hikes
Infosys announces 6-8% salary hikes for 2025 amid cautious optimism in the IT sector— in what experts are saying marks the beginning of a “recovery” in the Indian IT sector. Infosys is also ramping up its fresher hiring, planning to onboard over 15,000 fresh graduates in FY25. This number is expected to rise to 20,000+ in FY26, reflecting the company’s long-term growth ambitions despite current market uncertainties.
Why it matters: nice to see the second big tech company announce wage / salary hikes for the second week in a row. Sure, this has been on the back of 70 hour workweeks (yes, I’m looking at Narayana Murthy) but I’ve been saying for a while now that big tech companies in India really should pay more, especially to freshers and junior employees. If these hikes stop, then it’s only a matter of time before working for Infosys or TCS or whoever is a disgrace to the family rather than something parents will show off to their relatives about.
Read: Infosys will roll out 6-8% salary hikes in 2025: Is the IT sector starting to look up?
Thank you for reading! My name is Erick and I am an Indian Tech blogger and content creator. I talk about more than just new gadgets and software – I talk about tech policy, trends and consumer behaviors that you need to know about and that could be affecting you, so you can make more informed tech related decisions. I stay out of sponsorships, affiliates or sponsored content so that you can be assured that my reporting is completely independent.
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