Ruchi Kumar 
Bengaluru, India, July 31, 2026: Infosys Chief Executive Officer Salil Parekh will step down on March 31, 2027, ending a nine-year tenure that helped restore stability at India’s second-largest IT services company and positioned it for the next phase of artificial intelligence-driven growth. Parekh will hand over the role to Ashiss Kumar Dash on April … Read more
Singapore/Bengaluru: AI and data company ADA has completed the acquisition of Algonomy, a Bengaluru-headquartered AI retail decisioning platform, in a strategic move aimed at expanding its global footprint and strengthening its enterprise AI capabilities. While the companies did not disclose the financial terms of the transaction, the acquisition significantly enhances ADA’s portfolio by integrating advanced … Read more
Singapore: Southeast Asia’s payments ecosystem continues to attract strong investor confidence, with the region’s 12 most-funded active payment startups collectively raising more than $2.7 billion in equity funding, according to a new report by market intelligence platform Tracxn. The report highlights the rapid evolution of Southeast Asia’s fintech landscape, where payment companies are building solutions … Read more
A top-tier Indian celebrity endorsement contract pays a fee, once, for a defined term. Alia Bhatt’s Ed-a-Mamma was reported to be in acquisition talks with Reliance Brands at around ₹300–350 crore. One is income. The other is an exit. That gap — between being paid to hold a product and owning the company that makes … Read more
New Delhi: Indian cricket icon Virat Kohli and his brother Vikas Kohli have strengthened their commitment to Vault by Virat Kohli, formalizing a collective 28% equity stake in the premium fitness chain as strategic investors. The move marks a significant milestone for the fast-growing fitness brand, which is preparing for an aggressive nationwide expansion aimed … Read more
India’s real GDP is estimated to grow 7.4% in FY 2025-26, one of the fastest rates of any large economy — the IMF has its own forecast at 7.3%. Gross Goods and Services Tax collections in the same year came in at roughly ₹22 lakh crore, up 8.3% on the previous year. April 2026 set … Read more
Seoul: South Korean telecom giant SK Telecom (NYSE: SKM) is making one of its most ambitious bets on artificial intelligence infrastructure with the launch of SK Hyper, a wholly owned subsidiary dedicated to developing hyperscale AI data centers across South Korea. The company’s Board of Directors has approved the creation of SK Hyper alongside an … Read more
Bengaluru/Pune: India’s position as a preferred destination for Global Capability Centres (GCCs) continues to strengthen, with Care ADHD, Edwards Lifesciences, and PUMA announcing major technology and engineering expansions in Bengaluru and Pune. The latest investments underscore India’s growing importance as a global innovation hub, where multinational companies are increasingly establishing centers focused on artificial intelligence … Read more
Bengaluru: IT services giant Wipro is deepening its collaboration with Databricks to help enterprises modernize their data infrastructure, accelerate artificial intelligence (AI) adoption, and build scalable analytics capabilities. As a Databricks Global Elite Partner, Wipro has established itself as one of the leading implementation partners, supporting organizations with cloud migration, data modernization, governance, and AI-driven … Read more
Cairo: Egypt-based e-commerce logistics startup Fincart has raised $2.8 million in an oversubscribed seed funding round to accelerate its expansion across Africa and the Middle East. The investment will support the company’s technology development, commercial growth, and strategic partnerships as demand for integrated e-commerce infrastructure continues to rise across the region. The funding round was … Read more
New Delhi: Indian electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured ₹50 crore in a fresh funding round from a group of investors, including Securocorp Securities India, Sangeeta Pareekh, the Saket Aggarwal Family Office, and Vanshika Sharma. The company plans to utilize the capital to strengthen its manufacturing capabilities, expand research and development, and … Read more
India has 1,900+ Global Capability Centres employing more than 2.1 million people and contributing over $75 billion to the economy in FY2025 — roughly 1.5% of national GDP. Six metros hold more than 90% of it. That concentration is the entire business case for what comes next. Bengaluru alone accounts for 30% of India’s GCCs … Read more
From your first angel cheque to Series C and beyond — real data, proven frameworks, and the government schemes most founders leave on the table. India’s startup ecosystem has crossed a quiet but important threshold. It is no longer a market where a handful of headline-grabbing rounds define the year — it is a deep, … Read more
The IT major is teaming up with Bengaluru AI startup Sarvam and the Odisha government to build sovereign AI infrastructure in Bhubaneswar, marking HCLTech’s first move from AI services into owning AI compute itself. HCLTech has picked its first AI data center location, and it isn’t Mumbai, Chennai, or Hyderabad — it’s Bhubaneswar. The company … Read more
BharatPe’s co-founder wants employers to put their name — not their money — behind employee credit. Here’s how Fund My Staff actually works, and why it’s a very Ashneer way to re-enter fintech. Ashneer Grover doesn’t do quiet launches, and Fund My Staff is no exception. The former BharatPe managing director announced his newest fintech … Read more
JPMorgan Chase is reportedly planning to recruit around 1,000 technology professionals in India as the global banking giant expands its capabilities in artificial intelligence (AI), cloud computing, and cybersecurity, according to a Moneycontrol report. While the bank has not officially confirmed the hiring target, the reported recruitment drive reflects the growing importance of India’s Global … Read more
Accenture has appointed Sumit Sharma as Managing Director – Data & AI, strengthening its leadership team as enterprises accelerate investments in artificial intelligence, data analytics, and digital transformation. Based in Noida, Sharma joins Accenture after serving as Vice President and Head of Global Data & AI Delivery at Coforge, where he led large-scale AI and … Read more
ServiceNow has reported stronger-than-expected financial results for the second quarter of fiscal 2026, exceeding the high end of its guidance across revenue and profitability while raising its full-year subscription revenue outlook. The enterprise software company reported subscription revenue of US$3.877 billion for the quarter ended June 30, 2026, representing 24.5% year-over-year growth. Total revenue reached … Read more
Aimtron Electronics Ltd has secured a pilot Box-Build manufacturing order from a leading global semiconductor test solutions company, marking another milestone for India’s growing electronics manufacturing sector. The engagement carries a potential commercial value of US$2.6 million to US$3.4 million, subject to successful qualification of the pilot programme. The order underscores the increasing role of … Read more
ST Telemedia Global Data Centres (India) (STT GDC India) is doubling down on India’s digital infrastructure boom with the launch of STT Jaipur 1, the first enterprise-grade colocation data centre in Rajasthan. The new facility positions Jaipur as an emerging destination for AI infrastructure, cloud computing, and enterprise digital transformation, while extending STT GDC India’s … Read more
