
5149: Amazon’s Quick Commerce Sprint, River EV’s $100 million round, and Cognizant Layoffs | Tech3
From Moneycontrol Podcast by moneycontrol
May 5, 2026 · 6 min · Episode 5149
About this episode
This episode discusses Amazon's quick commerce strategy, River EV's funding, and potential layoffs at Cognizant due to AI impacts.
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.
People in this episode
Host: moneycontrol
Topics covered
- Amazon quick commerce
- River EV funding
- Cognizant layoffs
- AI and automation
- SIP market
Keywords
- Amazon Now
- quick commerce
- River EV
- Cognizant layoffs
- AI
- automation
- SIP market
Mentioned in this episode
Organizations: Amazon, Blinkit, Zepto, River EV, Cognizant, Groww, PhonePe
Places: India
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