5247: Headwind for Swiggy, Zomato; tailwind for Ownly; Why Swiggy hired Nandita Sinha as Instamart CEO; and Govt asks Google to take down Bitchat | MC Tec3
In today's Tech3 from Moneycontrol, Rapido's Ownly emerges as the first serious challenger to the Swiggy-Zomato duopoly with its zero-commission food delivery model. We also explain why Swiggy picked former Myntra CEO Nandita Sinha to lead Instamart, why the government has asked Google to remove offline messaging apps including Bitchat, Briar and Bridgefy, and what Cognizant's latest earnings and guidance say about enterprise AI spending and the outlook for the global IT sector.
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