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Amazon’s Quick Commerce Sprint, River EV’s $100 million round, and Cognizant Layoffs | Tech3
Episode 5149
Published 1 week, 2 days ago
Description
In this episode of Tech 3 by Moneycontrol, we break down how Amazon is accelerating its quick commerce push with Amazon Now as rivals like Blinkit and Zepto race ahead.
We also dive into River EV’s expanded $100 million funding plans, shifting investor lineup, and what it means for India’s competitive EV two-wheeler market.
And finally, a major shake-up in IT services — Cognizant could cut up to 15,000 jobs as AI and automation reshape hiring, signalling a deeper structural shift across the sector.
Plus, a quick note on how Groww and PhonePe are gaining ground in the SIP market.