Swiggy’s ₹799Cr Loss & Sify’s Data Center IPO 🍔🏦 (Feb 6)

Good morning, chai lovers! ☀️ It’s Thursday—one day closer to the weekend, but first, let’s talk money moves. Markets are buzzing, AI is shaking up industries, and gold is shining brighter than your nani’s favorite jewelry.

Plus, Stripe’s $1.1B bet, and Zepto is redefining test drives. Ready? Let’s go! 🚀📈💰

📰 Chai Shots

• 📉 India Set for First Rate Cut in 5 Years? The RBI is expected to slash the repo rate by 25 basis points to 6.25%, marking its first rate cut since 2020.

• Stripe’s $1.1B crypto bet 💰🚀 with the acquisition of stablecoin platform Bridge hints at a fintech revolution in the making.

• Honda-Nissan deal crumbling? 🚗⚡ Talks of an alliance have hit a speed bump, which could spell trouble for Nissan’s future.

• Finance Ministry bans AI tools 🚫🤖 like ChatGPT & DeepSeek on government devices, citing data security risks.

• Vijay Mallya wants clarity on ₹14,000 Cr loan recovery 💼⚖️, arguing banks have already recovered twice the amount owed.

📈 Market Masala

• 📉 Sensex & Nifty Slip Amid Consumer Stock Weakness: Indian markets paused their recent rally, with the Nifty closing below 23,700 and the Sensex dropping 313 points. While metals, oil & gas, and PSU banks gained, FMCG and realty stocks dragged the indices lower.

• 🏆📊 Gold hits a record ₹85K/10gm as geopolitical tensions push investors toward safe havens. Analysts expect it to hit ₹90K soon!

• 🍔 Swiggy’s Losses Widen Despite Revenue Surge: Swiggy’s Q3 losses widened to ₹799 crore, up from ₹574 crore last year, even as revenue jumped 31% YoY to ₹3,993 crore. Expenses surged 32% YoY, driven by aggressive expansion in Quick Commerce and new offerings like 10-minute food delivery via Bolt.

• 🏦 SpiceJet’s Troubles Deepen Two former SpiceJet pilots have joined the bankruptcy petition against the airline, seeking ₹3 crore in unpaid dues. The airline’s market share has plummeted from 7.3% to 2.3%, raising questions about its survival.

🌏 Global Masala 

• 📈 Wall Street Bounces Back Despite Big Tech Woes: The Dow surged 317 points, leading a second consecutive day of gains, while the S&P 500 added 0.4% and the Nasdaq edged up 0.2%. i

• Apollo launches the world’s first private credit marketplace 💳🌎, changing how investors trade high-grade assets.

• Google quietly drops its AI ethics pledge 🤖⚠️, removing its earlier commitment to avoiding AI in weapons and surveillance.

• ☁️ Amazon’s Cloud and AI Spending Under the Microscope: As Amazon prepares to report Q4 earnings, all eyes are on AWS revenue and AI infrastructure spending, especially after Microsoft and Google missed cloud sales expectations.

🍵 The Big Brew- India’s Data Center Boom: Why Sify’s ₹3,000 Cr IPO Matters

India’s digital economy is exploding, and companies are scrambling to build the infrastructure to support it. Enter Sify Infinite Spaces, the data center unit of Sify Technologies, which is preparing for a massive ₹3,000 crore IPO.

What’s happening?
Sify Infinite is gearing up for one of India’s biggest data center IPOs, hiring investment bankers to take the company public. 🏦

Why now?
The demand for data storage, AI, and cloud computing is exploding! 📊 From OTT binge-watchers 🍿 to fintech startups 💰, everyone needs massive digital infrastructure. India’s data center industry is set to grow at 14% CAGR, backed by AI-driven businesses and regulatory pushes for local data storage. 📈

Why this matters? ⚡

• Big players like Jio & Adani are already betting big on data centers—now, Sify wants a piece of the action! 🏗️

• The IPO will fund new data center expansions, strengthening India’s digital backbone. 🌐

• AI computing is the future, and data centers are becoming the real estate of the digital age. 🏢

Looks like data is the new oil, and Sify is gearing up to refine it! 🔥💾

🚀 Startup Scoop

• Ananya Birla enters beauty biz 💄✨ with Birla Cosmetics, taking on Reliance, Tatas, and L’Oréal.

• Zepto’s 10-min car test drives 🚗⏳ in partnership with Skoda. No, they’re not delivering cars (yet).

• Cashfree secures $53M 💳🔥 led by Krafton, valuing the payments startup at $700M.

• HairOriginals secures $5M 💇‍♀️🎉 to scale its premium hair extension business and open 25-30 experience centers.

• Apex Kidney Care lands $9M 🏥💉 to expand dialysis services across India.

🔮 What’s Brewing Next?

• PM Modi to headline the Global Business Summit 🏛️💼, where India’s future economic strategies will be revealed.

• Amazon’s Q4 earnings tonight 📊🛍️—AI, cloud revenue, and ad business updates will be key.

• RBI policy decision tomorrow 🏦📉—will the rate cut finally happen?

🧠 Did You Know?

India’s first unicorn was… InMobi! 🦄💰 Back in 2011, long before startups like Paytm and Flipkart took the stage, InMobi became India’s first billion-dollar company. Originally a mobile advertising platform, it paved the way for today’s booming startup ecosystem.

From Sify’s big IPO move to Swiggy’s spicy earnings and Amazon’s AI showdown, it’s been a power-packed Thursday! 💥 Will Friday bring a market rally or another tech tantrum? Stay tuned, sip your chai, and we’ll be back with the latest brew! ☕🔥 Friday also reminds us..

Enjoyed today’s brew? Share Masala Chai with your squad! 📩💬