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Karnataka Becomes The First State In India To Grant Funds To Startups

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first state to grant funds to startups, artificial intelligence, aseuro technologies, cm siddaramaiah, karnataka state to grant funds to startups, digitour technologies, flippar, gaurav gupta, highir technologies, highway delite, idea2poc, karnataka, karnataka tourism, kbits, naveen raj singh, online platform, priyank kharge, startups, tourism hackathon, trip on food, tripdairy, vidhana soudha, virtual reality solutions, indian, founders, entrepreneurs, innovators, startup stories, insights, investors, funding, acquisition, Government of Karnataka, startup policy, startup karnataka,

For the very first time, Karnataka became the first state in India to grant funds for 8 startups in the Tourism sector which had won a hackathon. And also that they were given over 25% of Rs.1.90 crores that they had collectively won.

This all started when the tourism hackathon competition was held for the budding startups. And the winners were declared that they would be honored with some prize money.

Yesterday, it was about five minutes to 5 P.M., when Karnataka’s IT and Tourism Minister Priyank Kharge entered into the hall room of the Vidhana Soudha. The honorable CM was about to be in the hall in any second to hand over the cheques to the startups who won the competition.

Surprisingly, none of the eight winners turned up to receive their prizes. Then a group of officials swung into action to reach for the winners in whatever way they can be communicated. Some were stopped by the security and some however managed to enter the hall. After the CM Siddaramaiah strode in, the startup founders were glad to at last reach the main building where the CM and the officials were present.

IT Minister Priyank told the CM that a total of Rs. 1.9 crores was granted to these startups. These startup companies developed ideas and products that enhanced the tourism experience. He also added saying that it is the first kind of initiative in India where winners of the Pitch to Government–Tourism Challenge held in November 2016 are receiving their first installment cheques.

These 8 winners were selected among 127 online registrations and each will be receiving anything between Rs. 5 lakh and Rs. 50 lakh.

The hackathon contest was conducted by the Karnataka Startup Cell, Karnataka Biotechnology and Information Technology Services, ( KBITS,) Department of IT and BT and the Department of Tourism.

The sole objective of this competition is to encourage those innovators who may need early stage funding to stimulate commercialization of their inventions and to help in validating proof of concept.

“Our focus is to create a strong startup ecosystem with a bottom-up mentality.” said Gaurav Gupta Principal Secretary of IT, BT and Science and Technology.

These are the 8 startup companies who emerged as winners:

1) AOO Hostels – Rs. 40 lakh

2) Highway Delite – Rs. 35 lakh

3) DigiTour Technologies – Rs. 25 lakh

4) TripdAiry – Rs. 20 lakh

5) Aseuro Technologies – Rs. 25 lakh

6) Moving up Products – Rs. 5 lakh

7) Trip on Food – Rs. 5 lakh

8) Highir Technologies – Rs. 25 lakh

Well, good luck all.

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Equark - StartupStories

Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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Instagram Grid

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.

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Zepto Delays IPO to Focus on Profitability and Indian Ownership

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Zepto - StartupStories

Overview

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.

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