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Nasscom Plans To Set Up CoE For IoT In Hyderabad

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nasscom, nasscom plans to set up CoE for iot in hyderabad, nasscom hyderabad, nasscom plans to set up iot CoE in hyderabad, IT Industry,Startups,Technology,Centre of Excellence, Centre of Excellence, BVR Mohan Reddy, key vobjectives of CoE

Hyderabad’s IT sector is currently roaring high with many startup companies evolving in the city and also major IT firms grounding in. After the city was selected as the Centre of Excellence (CoE) by Nasscom (National Association of Software and Services Companies) on big data and analytics, now it is all gearing up to set up another CoE for IoT (Internet of Things.)

The first CoE for IoT was set up in Bengaluru, Hyderabad becomes the second city for IoT in India. Nasscom was established in 1988 and is a trade association of Indian Information Technology and Business Process Outsourcing Industry.

B.V.R. Mohan Reddy, Sector Skill Council Chairman, Nasscom, said in an interview: “We have already set up one of the IoT CoEs in Bengaluru. The Union government is looking at setting up more and Hyderabad is one of the cities. If you look at IoT, it is one of the game-changing technologies that can have a tremendous impact in many verticals such as retail, e-governance, and healthcare among others.”

This set up will be a PPP type (Public Private Partnership) which means, half of the funding comes from the central government and the other half from the industry.

“We are waiting for an approval from the central government, once it is approved, we will request for space from the state government,” said Sanjeev Malhotra, CEO, IoT Centre Of Excellence. Nasscom will need 10,000 to 15,000 sqft., Space to establish a CoE.

Key Objectives of the CoE:

  • To build a strong startup ecosystem for Internet Of Things.
  • To boost research and development area of the startup and to reduce the R&D cost.
  • To make India’s leadership position better in the emerging areas by providing indigenous solutions.

Sanjeev Malhotra shares his thoughts saying: “There will be some common layers where there will be labs in all the CoEs where startups can come and work. But each CoE will have a separate focus area. There will also be some specific areas around specific verticals. We are not trying to become another T-Hub. We are only going to deal with startups that will be working on the deep technology.”

Well, if you are IT savvy, then make Hyderabad your destination, we say.

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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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