5248: Zepto pauses IPO, Sarvam AI's 'digital colony' warning & Swiggy vs Zepto's numbers game | MC Tech3

In today's episode of Moneycontrol's Tech3 Podcast, we unpack the biggest stories from India's startup and technology ecosystem. Here's what's on the show: Zepto hits pause on its IPO and instead prepares to raise over ₹1,000 crore in a pre-IPO funding round. "India can't become a digital colony" — Sarvam AI co-founder Vivek Raghavan explains why India needs its own full-stack AI ecosystem as the startup unveils plans for a trillion-parameter foundation model. Swiggy vs Zepto: The quick commerce rivalry moves beyond discounts and delivery speeds as Swiggy questions Zepto's choice of growth metrics while outlining Instamart's next phase under new CEO Nandita Sinha. UPI's privacy dilemma: Why NPCI wants payment apps to mask users' mobile numbers—and the trade-offs between privacy, convenience and fraud prevention. Tune in for all this and more on Tech3, Moneycontrol's daily podcast covering the latest in startups, technology, AI and venture capital.