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The August Fest 2017
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.
OpenAI’s introduction of trusted contact safeguards for potential self-harm cases reflects a major evolution in AI responsibility.
Beyond Moderation
AI safety is shifting from simply blocking harmful content to actively supporting user wellbeing through:
- early risk detection
- human-centered intervention
- stronger emotional safety frameworks
This positions AI as more than an information tool—it becomes part of broader digital support systems.
Key Industry Impact
Trusted contact models could influence future safety standards across:
- AI assistants
- mental health platforms
- social media
- digital health services
The Bigger Challenge
While promising, success depends on balancing:
- privacy
- consent
- ethical intervention
- user trust
Final Take
This move signals that the future of AI safety may rely not just on preventing harmful responses, but on building more responsible, human-connected support systems.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
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