Entrepreneur News Network

SNP SE Appoints Neeraj Athalye as Managing Director for India

SNP SE Appoints Neeraj Athalye

Mumbai, August 18, 2026: SNP SE, a global provider of software for digital transformation, data migration and data management in SAP environments, has appointed Neeraj Athalye as Managing Director for India. Based in Mumbai, Athalye will lead SNP’s India operations and focus on expanding the company’s presence in the market while helping enterprises build stronger … Read more

Sonata Software Appoints Hariprasad Rebala as Chief AI Officer to Accelerate AI-Native Transformation

Hari

Bengaluru, Karnataka | August 18, 2026: Sonata Software has appointed Hariprasad Rebala (Hari) as Chief AI Officer, strengthening the company’s leadership team as it accelerates its transformation into an AI-native enterprise. The appointment is expected to further strengthen Sonata Software’s AI strategy across its offerings, service delivery, technology platforms, engineering capabilities, ecosystem and strategic partnerships. … Read more

Nikhil Kamath Invests ₹200 Crore in CtrlS as India’s AI Data Centre Demand Accelerates

Nikhil Kamath

Zerodha co-founder and investor Nikhil Kamath has invested around ₹200 crore in CtrlS Datacenters, one of India’s major hyperscale data centre operators. Entrepreneur Sreeram Reddy Vanga has also invested approximately ₹50 crore in the company. The fresh capital is expected to support CtrlS’s infrastructure expansion and data centre capacity build-out as demand for cloud computing, … Read more

Infosys Collaborates with Knorr-Bremse to Accelerate AI-Enabled Enterprise Transformation

infosys

Infosys has announced a long-term strategic collaboration with Knorr-Bremse AG to modernise the manufacturer’s enterprise IT landscape and strengthen its global technology operations. As part of Knorr-Bremse’s Tech4Value (T4V) IT transformation programme, Infosys will provide end-to-end managed services across the company’s enterprise application ecosystem, covering both its Rail and Commercial Vehicle businesses. The partnership is … Read more

Yotta Data Services Partners With IntelliDB Enterprise to Launch Sovereign AI-Powered Database Services in India

Yotta

Yotta Data Services has entered into a strategic partnership with IntelliDB Enterprise to offer AI-powered Database-as-a-Service (DBaaS) on Yotta’s sovereign cloud platform. The collaboration aims to help enterprises and government organisations deploy modern database infrastructure for AI applications while keeping data hosted within India. The partnership combines Yotta’s sovereign cloud infrastructure with IntelliDB Enterprise’s AI-powered … Read more

Experion Technologies Opens Largest Development Centre in Thiruvananthapuram to Expand AI-Native Engineering

Experion

THIRUVANANTHAPURAM, Kerala, August 18, 2026: Experion Technologies has inaugurated a 58,000-square-foot development centre at Technopark, Thiruvananthapuram, marking the company’s largest development facility to date and strengthening its focus on AI-native product engineering. The new centre will accommodate more than 700 engineers and operate as Experion’s AI Center of Excellence (AI CoE). The facility is designed … Read more

How Astrotalk Became a $1 Billion Unicorn Without Raising Fresh Capital

Astrotalk

Astrotalk, an astrology and spiritual-commerce app, is now worth $1 billion. It got there without taking a single rupee from a new investor. On August 12, the Noida-based company told Entrackr and YourStory it had crossed unicorn status through an ESOP buyback — more than 100 employees selling a slice of their shares back to … Read more

ShepHertz Launches AgentAnywhere to Bring Sovereign Agentic AI to Enterprises

ShepHertz Technologies

AI company ShepHertz Technologies has launched AgentAnywhere, a sovereign agentic AI platform designed to help banks, insurers, hospitals, government organisations and BPOs deploy AI agents within their own infrastructure, cloud environments and encryption frameworks. The platform is aimed at organisations that want to adopt agentic AI while maintaining control over sensitive data, model access, security … Read more

LG Group Unveils First Bipedal Humanoid Robot, Plans 2027 Launch

LG Unveils First Bipedal Humanoid Robot

LG Group Chairman Koo Kwang-mo has unveiled the company’s first bipedal humanoid robot, marking a major step in LG’s push into robotics, artificial intelligence and next-generation mobility. The company plans to officially launch the humanoid robot in the first quarter of 2027. The prototype was showcased during Koo Kwang-mo’s meeting with Nvidia CEO Jensen Huang … Read more

Snabbit Appoints Pradeep Yadav as Head of Operations to Drive Next Phase of Growth

Snabbit-Pradeep_Yadav

Bengaluru-based quick home services startup Snabbit has appointed Pradeep Yadav as its new Head of Operations, bringing in an experienced consumer internet and supply-chain leader as the company looks to strengthen execution and scale its home services network across India. Yadav will oversee Snabbit’s operations, with a focus on service delivery, operational efficiency, supply-chain systems … Read more

India Startup Funding Weekly: $151.5M Raised as AI, Mobility and DeepTech Lead the Charge

Asia Funding

August 16, 2026 | ENN India’s startup funding market saw a sharp slowdown this week, with startups raising $151.5 million across 14 funding rounds between August 9 and August 14, compared with approximately $383.8 million across 28 deals in the previous week. Despite the decline, the week delivered several notable developments across electric mobility, fintech, … Read more

THE REAL COST OF BUILDING AN AI DATA CENTER

Data Center

In 2020, building a data center cost roughly $7.7 million per megawatt of capacity. By 2026, that global benchmark has climbed to $11.3 million per megawatt — a 47% increase in six years, driven mostly by construction labor, electrical equipment, and land scarcity near power-rich sites. That was already a steep curve. Then artificial intelligence … Read more

TCS Blamed AI for Job Cuts. Its Own Numbers Tell a Different Story

TCS

New Delhi | Thursday, August 14, 2026 | 11:30 AM IST – Tata Consultancy Services was among India’s biggest technology job cutters during the recent workforce correction. Yet its latest numbers tell a more complicated story: the company added 9,279 employees in the quarter ended June 30, 2026, taking its total workforce to 593,798. The … Read more

Krafton doubles down on India with fresh $150 million investment mandate

BGMI

New Delhi | August 2026 — South Korean gaming and technology company Krafton is deepening its investment commitment to India with a fresh $150 million investment mandate, signalling a broader strategy that extends beyond gaming into artificial intelligence, robotics, consumer technology and digital content. The new commitment follows previous investment allocations of $150 million in … Read more

Scrubsy Raises ₹27 Crore From V3 Ventures to Scale Home-Cleaning Products Business

Scrubsy

GURUGRAM, India — August 13, 2026: Gurugram-based home-cleaning products startup Scrubsy has raised ₹27 crore (approximately $3 million) from consumer-focused investment firm V3 Ventures, as the young brand looks to expand manufacturing capacity and accelerate product development. Operating under BoldChem Science Pvt Ltd, Scrubsy was founded in 2025 by Kartik Sibal, Ishan Suri, Nitin Jain … Read more

“Don’t Let Humans Rubber-Stamp Your AI Agents”: Marsh’s AI Chief On What Enterprise AI Gets Wrong In 2026

Vijay Morumpadi

In an exclusive conversation, Vijay Morampudi, who leads the Global AI Centre of Excellence within Marsh’s Global Capability Centre (GCC) and drives agentic AI orchestration for the firm’s Risk & Insurance business, on why AI strategy has to start with the business — not the model — and the rollback mechanism every enterprise deploying AI … Read more

India’s GCC Boom Is Making Landlords Rich, Not IT Firms

India GCC

BENGALURU, India — Thursday, August 13, 2026 – Table Space, a company that leases and fits out office space, just told SEBI it made more profit before tax last year than it reported as a headline loss. That single line in its draft IPO papers, filed on August 11, is a decent summary of what’s … Read more

Lane Raises ₹8.5 Crore to Expand Tech-Enabled Driving Education Platform in India

Lane_Team

BENGALURU, India, Aug. 12, 2026 — Lane, a Bengaluru-based tech-enabled driving education and mobility platform, has raised ₹8.5 crore in a funding round led by Kae Capital, with participation from DeVC, Antler India, Panthera Peak and prominent angel investors. The company said it will use the funds to expand its instructor network, accelerate development of … Read more

India Doesn’t Have a Data Center Problem. It Has a Jurisdiction Opportunity.

India data center

“India has 20% of the world’s internet users. It holds 1.5% of global data center capacity. The chips inside cost more than the building and the land combined. Even the largest tech companies lease more than they own, because owning sinks returns. Countries think differently. They need jurisdiction, not hardware. So what happens to a … Read more

Workato Opens Third AI Collaboration Hub in Hyderabad to Accelerate Enterprise AI Innovation

Workato

Workato has opened its third AI Collaboration Hub in Hyderabad, expanding the enterprise automation company’s global network of AI innovation centres and strengthening its investment in India’s growing enterprise AI ecosystem. The new facility, located at Aurobindo Orbit in Hyderabad Knowledge City, HITEC City, joins Workato’s existing AI collaboration hubs in San Francisco and Singapore. … Read more