One of the largest conferences that celebrate arts and entrepreneurship in Asia, The August Fest turns 5 years old this year! To mark the fifth year of the event the Fest will be held at two venues, one in Mumbai and the other in Hyderabad.
The event was held in Mumbai on August 19th and 20th and hosted 3 events around the media, growth stories, social innovation, scaling up, sports and future technology. The Mumbai Fest held sessions like the media festival which saw a gathering of the best of the minds including freelancers, producers, creators, content generators, journalists, bloggers and creative folks from Television, FM, Print, New Media and Marketing Industries. The media festival provided a platform to discuss opportunities, growth, trends, content, traditional and new media via inspiring talks, interactive discussions and exclusive workshops.
The Hyderabad leg of the Fest will be hosted on August 26th and 27th at the Indian School of Business. The Hyderabad event will include sessions such as a scale up festival, a sports carnival and a future festival. Jayesh Ranjan the Secretary of Information Technology (IT), Govt. of Telangana will be one of the speakers at the event along with brand strategist and consultant Carolina Correa, Founder and MD of Livewell Future Solutions Deepthi Uppalapati and Founder of Hug Raj Neravati among other chief executive officers.
In a first of its kind meet, the Sports Carnival will involve 5 sessions with 25 speakers, 10 exhibitors and 500 attendees. The event, which will be held on 27th August, will provide an interactive platform for attendees where sports can be discussed, showcased and celebrated. The day long event will include players, coaches, trainers, team owners and influencers along with various others from every stream of sports and fitness in India.
This year’s August Fest has partnered with the Government of Telangana and Indian School of Business along with Clearcut and Hubilo to host the event in Hyderabad! To pitch at the Hyderabad August Fest or visit the event visit their website here.
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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.
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.
ob25h
June 4, 2025 at 9:49 pm
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