CEO’s of top 5 companies in a unique way held an underwater conference in Kerala on Monday to raise awareness on global warming and marine pollution. This all happened at Grove Beach of Kovalam in Kerala.
The CEOs of five IT and hospitality companies took part in this underwater conference to raise public awareness related to the issues of marine life protection and global warming. This meeting went on for almost 35 minutes on the floor of the Arabian Sea.
The participants took a pledge to protect marine life and fight against increasing water pollution. Armed with scuba gear and other gadgets, the CEOs went at least six to seven meters into the sea to conduct the conference meeting. They have been training for this for the past one week.
The underwater conference reported that the seas near Mumbai, Kerala, and Andaman and the Nicobar Islands are as the most polluted in the World and also that most of the plastic and other debris in the sea had actually originated from inland.
An adventure underwater company Bond Safari collaborated with Hotel Udaya Samudra to conduct this conference.
Jackson Peter, MD of Bond Safari said: “Through this unique event, we also wanted to bring the attention of international and national policy makers on the increased risks and consequences of global warming and marine pollution on the planet. Many are unaware that oceans serve as the world’s largest source of protein. These water bodies represent 99 percent of the living space on the planet.”
After the conference, the members of the conference released a logo as a part of their “Ocean Love” campaign.
Ultimately, their aim is to bring about a long-term plan draft for the protection of marine life.
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Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.
In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.
These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.
Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.
Key Reasons for Delay
Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).
Boosting Domestic Shareholding
Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.
Financial and Operational Updates
Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.
Outlook
Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.
Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.
Sandeep Nailwal, co-founder of Polygon, has been appointed as the first CEO of the Polygon Foundation, marking a shift from decentralized governance to focused leadership. This change aims to provide clear direction and accelerate Polygon’s growth in the competitive blockchain space.
Under Nailwal’s leadership, Polygon will discontinue its zkEVM network in 2026 to concentrate on the Polygon PoS chain and AggLayer, a new cross-chain liquidity protocol. Significant upgrades to the Polygon PoS chain are planned, starting with the Bhilai upgrade in July 2025, to enhance transaction capacity and support large-scale financial applications.
Polygon enters this new phase with a strong financial position, enabling long-term development without fundraising pressures. While Nailwal leads the Foundation, Marc Boiron continues as CEO of Polygon Labs. This leadership restructuring aims to drive innovation and reinforce Polygon’s position in Ethereum scaling and the Web3 ecosystem.
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May 26, 2025 at 7:33 am
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