# 5230: US vs China: What India Inc wants in AI; Swiggy inches closer to domestic status; Flipkart's valuation uptick and GalaxEye loses contact with Drishti satellite after solar storm

Page: https://stenobird.com/podcast/moneycontrol-podcast-471941/5230-us-vs-china-what-india-inc-wants-in-ai-swiggy-inches-closer-to-domestic-status-flipkart-s-valuation-uptick-and-galaxeye-loses-contact-with-drishti-satellite-after-solar-storm
Text version: https://stenobird.com/podcast/moneycontrol-podcast-471941/5230-us-vs-china-what-india-inc-wants-in-ai-swiggy-inches-closer-to-domestic-status-flipkart-s-valuation-uptick-and-galaxeye-loses-contact-with-drishti-satellite-after-solar-storm.md
Podcast: [Moneycontrol Podcast](https://stenobird.com/podcast/moneycontrol-podcast-471941)
Published: 2026-07-07T14:16:40+00:00
Episode link: https://audioboom.com/posts/8924791
Audio file: https://audioboom.com/posts/8924791.mp3?modified=1783433835&sid=4937727&source=rss
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Duration seconds: 439

## Resource

In today's Tech3 from Moneycontrol, we explain why Indian enterprises are increasingly choosing Chinese AI models like DeepSeek and Qwen over their US rivals. We also unpack Swiggy's move closer to Indian-owned company status and what it could mean for Instamart, look at Flipkart's latest ESOP buyback that values the company at $38.2 billion, and discuss Cult.fit's IPO plans. Plus, a quick update on Bengaluru-based spacetech startup GalaxEye, which has lost contact with its maiden Earth observation satellite, Mission Drishti, after a geomagnetic solar storm.

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