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SoftBank Invests In Grocery Startup Grofers

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SoftBank Invests In Grocery Startup Grofers,Startup Stories,Latest Business News 2018,Online Grocery Store Grofers,SoftBank Business Updates,SoftBank Funding News,Online Delivery Platforms Funding from SoftBank,Online Grocery Startup Grofers,Grocery Startup Grofers Funds

Online grocery store, Grofers, raised $ 62.5 million in a round of funding led by SoftBank. As a result of this investment, SoftBank now owns around 35 % to 40 % of the Gurgaon based startup. According to several industry reports, this investment round also saw participation from existing investors like Tiger Global and Russian tech billionaire, Yuri Milner.

This funding round came barely a month after Grofers released a statement saying they were expecting a funding round of around $ 65 million from its existing investors. Founded in the year 2013 by two tech developers, Grofers recently shut down the operations in several cities around the country. Reportedly, the online grocery company wants to focus only on the Delhi/NCR region.

Just before it shut down operations across the country, Grofers used to deliver in 26 countries, clocking in nearly 15,000 orders on a daily basis, with an average basket size of $ 18.7 to $ 20.8 (about Rs. 1,200 to Rs. 1,350.) This move comes in an effort to strengthen Grofers strong market position. In the last year, its biggest competitor, BigBasket secured around $ 300 million in a Series E funding round led by Alibaba with the participation of Abraaj Capital, Sands Capital and IFC.

Grofers currently offers products across categories like grocery, fruits and vegetables, beauty and wellness, household care, baby care, pet care, bakery and meats and seafood, among other things. The company claims to be profitable with day to day based online deliveries in Delhi. As of March 2017, BigBasket holds about 35% in the food delivery sector while Grofers follows behind as a close second.

Flipkart, on the other hand, is reportedly looking to set up a chain of delivery and retail stores all across the country. This is going to happen in partnership with global retail giant, Walmart. With so many competitors popping up in growing numbers, Grofers faces some serious competition. It is going to be interesting to see how the online delivery platform uses this round of funding from SoftBank.

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CoRover Unveils BharatGPT Mini: India’s First Offline Multilingual AI

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BharatGPT

CoRover has launched BharatGPT Mini, India’s first offline multilingual AI model, at VivaTech 2025 in Paris, with the event officiated by Union Minister Jitin Prasada. This innovative Small Language Model (SLM), featuring around 534 million parameters, is specifically designed for edge devices and low-compute environments, enabling robust AI capabilities without the need for cloud connectivity. Its ability to function entirely offline and support 14 Indic languages makes it a powerful tool for digital inclusion, particularly in rural and remote regions where internet access is limited.

BharatGPT Mini’s architecture is optimized for deployment across various sectors, including healthcare, education, banking, and governance, allowing citizens to interact with essential services in their native languages. The model can be integrated into small businesses, government offices, and other organizations through the CoRover Builder platform, which offers a no-code solution for deploying AI assistants across web, telephony, and IoT systems. By processing data locally and encrypting it on-device, BharatGPT Mini ensures strong privacy and data sovereignty, aligning with India’s strategic goal of developing indigenous AI solutions. 

The launch has garnered strong support from both the Indian government and industry leaders, who see BharatGPT Mini as a catalyst for democratizing access to digital services. CoRover anticipates significant growth in the adoption of Small Language Models, with early feedback indicating a substantial increase in project demand. As CoRover looks to expand its expertise globally, BharatGPT Mini stands out as a scalable, multilingual, and privacy-centric solution, setting a new standard for inclusive and sovereign AI innovation in India’s diverse landscape.

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

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