Ruchi Kumar - Entrepreneur News Network

Fortinet Appoints Luca Simonelli as Senior Vice President for Asia Pacific to Drive Regional Growth

July 7, 2026 by Ruchi Kumar

Singapore: Global cybersecurity company Fortinet has appointed Luca Simonelli as its new Senior Vice President (SVP) for the Asia Pacific (APAC) region, strengthening its leadership team as demand for cybersecurity solutions continues to rise across the region. Based in Singapore, Simonelli will lead Fortinet’s sales organization across Asia Pacific and oversee operations in Japan, North … Read more

UP’s ₹2 Lakh Crore Data Centre Bet: Inside the State’s New 2026 Policy — And What India Still Needs to Catch Up

July 7, 2026 by Ruchi Kumar

UP Cabinet Clears a New AI-Ready Data Centre Policy Uttar Pradesh just made its biggest digital infrastructure move yet. On Monday, the state Cabinet, chaired by Chief Minister Yogi Adityanath, approved the Uttar Pradesh Data Center Policy 2026, replacing the earlier 2021 policy that lapsed in January this year. The new policy sets two headline … Read more

Capillary Technologies Discloses €3 Million Deepfake Banking Fraud at Overseas Subsidiary

July 6, 2026 by Ruchi Kumar

New Delhi: Customer loyalty and engagement platform Capillary Technologies has disclosed that one of its recently acquired overseas step-down subsidiaries was targeted in a sophisticated cyber-enabled banking fraud involving advanced deepfake technology. The incident resulted in the fraudulent transfer of approximately €3 million (around ₹32.7 crore) to unauthorized third-party bank accounts. The Bengaluru-based company informed … Read more

ekincare Acquires AI-Powered Health Insurance Claims Platform Superclaims to Strengthen Digital Healthcare Ecosystem

July 6, 2026 by Ruchi Kumar

New Delhi: Digital health platform ekincare has acquired Superclaims, an AI-powered health insurance claims automation platform, in a strategic move to strengthen its healthcare technology ecosystem and expand its presence in the insurance and health benefits sector. The acquisition is expected to enhance ekincare’s capabilities in health insurance claims processing while creating a more connected … Read more

AscentHR Acquires OS HRS to Strengthen APAC Payroll and Workforce Solutions Across 20 Countries

July 6, 2026 by Ruchi Kumar

New Delhi: HR technology and workforce solutions provider AscentHR has acquired OS HRS, a payroll outsourcing company with more than two decades of experience in managing multi-country payroll operations across the Asia-Pacific (APAC) region. The acquisition strengthens AscentHR’s regional presence and expands its capabilities in payroll, compliance, and workforce management for multinational enterprises. As part … Read more

Top 10 Asian Startup Funding Rounds This Week: Aligned Leads with $60 Million Series B

July 5, 2026 by Ruchi Kumar

Asia’s startup ecosystem continued to attract strong investor interest during the week of June 28 to July 3, with companies across artificial intelligence, aerospace, robotics, healthtech, enterprise software, fintech, and consumer brands securing fresh capital to accelerate growth. From AI-powered business platforms to aerospace innovations and sustainable consumer products, startups across the region raised funding … Read more

China Switches On the World’s First Commercial Underwater Data Center Off Shanghai’s Coast

July 5, 2026 by Ruchi Kumar

Roughly ten kilometers from Shanghai’s shoreline, a data center now sits on the seabed — and it’s already processing data commercially, marking what appears to be a global first for offshore computing infrastructure. A Giant Structure, Hidden From View The facility weighs close to 2,000 tonnes and stands 32 meters tall, but almost none of … Read more

NVIDIA Launches Revenue-Sharing Model to Expand AI Cloud Infrastructure and Accelerate Enterprise AI Adoption

July 3, 2026 by Ruchi Kumar

New Delhi: NVIDIA has introduced a new revenue-sharing and credit-support business model aimed at expanding access to large-scale AI computing infrastructure for startups, enterprises, AI model developers, research organizations, and regional cloud providers. The initiative reflects the rapidly evolving AI landscape, where demand is shifting from training large language models to running production-scale AI inference … Read more

ServiceNow Acquires Israeli AI Startup ai.work in Multi-Million Dollar Deal

July 3, 2026 by Ruchi Kumar

Enterprise software company ServiceNow has acquired Israeli AI startup ai.work as part of its ongoing expansion in Israel and broader strategy to strengthen its artificial intelligence capabilities. While the companies have not officially disclosed the financial terms, the transaction is reportedly valued at tens of millions of dollars. The acquisition reinforces ServiceNow’s focus on building … Read more

Heatronics Raises ₹1.8 Crore Seed Funding Led by Inflection Point Ventures to Expand Preventive Pain Management Solutions

July 2, 2026 by Ruchi Kumar

Noida: Preventive pain management and wellness startup Heatronics has raised ₹1.8 crore in a seed funding round led by Inflection Point Ventures (IPV). The investment will support the company’s efforts to expand its product reach, strengthen manufacturing capabilities, and accelerate growth in India’s rapidly evolving healthcare and wellness market. The funding round also attracted participation … Read more

Tulon Materials Raises ₹10 Crore Seed Funding to Advance Sustainable Specialty Chemicals and Circular Materials

July 2, 2026 by Ruchi Kumar

Mumbai: Tulon Materials, a Mumbai-based engineering startup focused on developing sustainable specialty chemicals and advanced materials, has raised ₹10 crore in a seed funding round to accelerate product development and commercialisation across multiple industrial sectors. The funding round was led by investor Karthik Sundar Iyer, with participation from Karan Goshar and Prakhar Pandey, Partners at … Read more

2 Gigawatts, $80 Billion in Leases: Inside SpaceX’s Quiet Takeover of AI Data Center Infrastructure

July 2, 2026 by Ruchi Kumar

Elon Musk built Colossus to train Grok. Instead, it may end up making SpaceX more money than Starlink — by renting out GPUs to the very companies xAI was supposed to be competing with. The Number That Started It All: $150 Million a Month Open-source AI startup Reflection AI has agreed to pay SpaceX $150 … Read more

India’s AI Data Center Boom: How the Global Colocation Race Is Reshaping the Country’s Digital Infrastructure

July 1, 2026 by Ruchi Kumar

A new McKinsey Global Institute (MGI) report, “Colocation data centers: The infrastructure race behind AI,” lays out a striking number: global data center demand could almost triple between 2025 and 2030 — from about 82 gigawatts (GW) to roughly 220 GW. AI alone is expected to drive nearly 70% of that growth, with AI-related demand … Read more

India GCC Landscape 2026: Inside the Zinnov-Nasscom Report on 2,117 Global Capability Centers and a $98.4 Billion Market

July 1, 2026 by Ruchi Kumar

India’s Global Capability Center (GCC) ecosystem has crossed another milestone in FY2026, and the numbers tell a story that goes well beyond scale. According to the newly released Zinnov-Nasscom “GCC Value Orbit: From Delivery Engine to Enterprise Nerve Centre” report, India is now home to 2,117 GCCs, generating $98.4 billion in revenue and employing 2.36 … Read more

Amity Robotics Raises $7 Million Seed Funding to Expand AI-Powered Service Robots Across Global Markets

July 1, 2026 by Ruchi Kumar

New Delhi: Thailand-based Amity Robotics, a startup developing AI-powered robots for customer-facing real-world applications, has raised US$7 million in a seed funding round through a combination of equity and debt financing. The fresh capital will support product innovation, international expansion and the commercial launch of the company’s first mobile robot, ARC Move. The funding round … Read more

The Indus Valley Raises $17 Million in Series B Funding to Expand Toxin-Free Cookware Business

June 30, 2026 by Ruchi Kumar

New Delhi: Indian kitchenware brand The Indus Valley has secured US$17 million in a Series B funding round led by Gaja Capital, as the company looks to strengthen its position in the fast-growing healthy cookware market. Existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels also participated in the investment round. The fresh … Read more

Vertiv India Partners with IIT BHU to Launch Semiconductor Research Programme for Engineering Students

June 30, 2026 by Ruchi Kumar

New Delhi: Vertiv India has partnered with the Indian Institute of Technology (BHU), Varanasi to launch the Undergraduate Research Avenue (UGRA), a new initiative designed to strengthen research, innovation and practical semiconductor training for undergraduate engineering students. The collaboration aims to equip future engineers with industry-relevant skills as India accelerates efforts to build a globally … Read more

Edtech platform YoLearn ai raises pre-seed round

June 30, 2026 by Ruchi Kumar

New Delhi: AI-powered education startup YoLearn.ai has raised $500,000 in a pre-seed funding round at a valuation of $5 million. The investment was co-led by DataAlpha.ai and White Swan Global, with participation from a group of angel investors. The fresh capital will be used to strengthen the company’s voice-first AI tutoring platform, enhance product capabilities … Read more

Cursor Launches Native iOS App in Public Beta, Bringing AI Coding Agents to iPhone

June 30, 2026 by Ruchi Kumar

New Delhi: AI-powered code editor Cursor has launched its native iOS application in public beta, enabling developers to manage AI coding agents, review code changes and monitor software development projects directly from their iPhones. The launch represents a significant expansion of AI-assisted software development beyond the desktop, giving developers the ability to collaborate with AI … Read more

Magnachip Appoints Chae Lee as CEO to Drive Next Phase of Growth in Power Semiconductor Business

June 30, 2026 by Ruchi Kumar

New Delhi: Magnachip Semiconductor Corporation has appointed Chae Lee as its new Chief Executive Officer (CEO), effective July 1, 2026, as the company strengthens its leadership team to accelerate growth across high-value semiconductor markets. Lee is also expected to join the company’s Board of Directors, while Camillo Martino, who has served as Interim CEO since … Read more