Here’s a quick recap of this week’s top startup news 🚨👇

🔸 Zomato announced in an exchange filing that it has completed the acquisition of Paytm’s events and movies ticketing subsidiaries Wasteland Entertainment Private Limited and Orbgen Technologies Private Limited.

🔸 Actor Amitabh Bachchan’s family office has reportedly bought a minority stake in foodtech major Swiggy. This comes at a time when the company is targeting a valuation of $15 Bn for its IPO of $1 Bn to $1.2 Bn.

🔸 Reliance Industries Limited’s Jio Platforms is developing an AI service platform called Jio Brain, chairman & managing director Mukesh Ambani said at the company’s 47th annual general meeting.

🔸 Ecommerce major Amazon is looking to launch its quick commerce services in India in the first quarter of next year.

Credit - Inc42 Media