Startup Saturday: Mukesh Ambani Eyes a Stake in Grab and Zomato Catches the Fancy of Delivery Hero Stay tuned to get every day updates in 60 seconds

By Bhavya Kaushal

Opinions expressed by BIZ Experiences contributors are their own.

You're reading BIZ Experiences India, an international franchise of BIZ Experiences Media.

1) Grab has grabbed the eyes of Mukesh Ambani. Reports are rife that Reliance Industries (RIL) is in advanced talks to buy a majority stake in Mumbai-based hyperlocal logistics startup.

2) Food and tech startups have exciting times coming in. Leveraging the increased investors attention, Cloud-Kitchen Player Faasos is in reportedly looking to raise $75 Mn-$100 Mn in a new funding round.

3) Zomato has caught the fancy of Naspers-backed Delivery Hero. The German food-tech major is reportedly investing $62.5 million in the Indian online food delivery platform.

3) SoftBank seems real impressed with India's foodtech startups. After eyeing Zomato & Swiggy for long, the Japanese investor has pumped in $60 Million in the Gurugram-based online grocery startup Grofers.

Here's the "news that BIZ Experiencess can use". Know what's trending in the Indian business world in 60 seconds.
Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was BIZ Experiences India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

By Eve Gumpel
Starting a Business

How to Develop the Mindset for a Billion-Dollar Success, According to Raising Cane's Founder

Todd Graves was turned down by every bank in town when he started. Here, he sits down to share his mentality on success, leadership and building a billion-dollar brand.

By Jason Feifer
News and Trends

Reliance Retail Launches FMCG Brand 'Independence' In Gujarat

Independence includes diverse categories such as staples, processed foods, beverages, among other daily essentials

By Shrabona Ghosh
Starting a Business

These Brothers Started a Business to Improve an Everyday Task. They Made Their First Products in the Garage — Now They've Raised Over $100 Million.

Coulter and Trent Lewis had an early research breakthrough that helped them solve for the right problem.

By Amanda Breen
Data & Recovery

We Found Four of the Top Alternatives to Dropbox That Don't Have Monthly Subscription Fees

All last for life, and not one of them is more than $200.

By BIZ Experiences Store
Business News

Here Are the 10 Jobs AI Is Most Likely to Automate, According to a Microsoft Study

These careers are most likely to be affected by generative AI, based on data from 200,000 conversations with Microsoft's Copilot chatbot.

By Sherin Shibu