5149: Amazon’s Quick Commerce Sprint, River EV’s $100 million round, and Cognizant Layoffs | Tech3

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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