Entrepreneur News Network

NVIDIA Acquires Israeli AI Startup Illumex in $60 Mn Deal

Nvidia

NVIDIA has acquired Israeli artificial intelligence startup Illumex in a deal estimated at approximately $60 million, according to industry sources. While financial terms were not officially disclosed, the acquisition marks another strategic move by NVIDIA to deepen its enterprise AI and data infrastructure capabilities. Illumex had previously raised around $13 million in seed funding from … Read more

Oncare Raises Rs 27 Crore in Series A Funding

Cancer care startup Oncare

India’s oncology healthcare ecosystem continues to attract investor interest as cancer care startup Oncare has secured Rs 27 crore (approximately $4 million) in a Series A funding round led by Sky Impact Capital. The funding round also saw participation from Huddle Ventures, Lotus Herbal Group, SteerX, and Tremis Capital, reflecting growing confidence in tech-enabled, accessible … Read more

India’s AI Pathway: Reimagining Global Leadership from the Global South

Nitin Upadhyay Dean, (Academic) Professor, IT Systems & Analytics IIM Jammu

Delhi, India – We are framing the India AI story within a broader developmental paradigm, not a competitive or geopolitical one. In the larger international discourse, AI is framed in terms of frontier model performance, risk of regulation, and strategic competition between major economies. Nations with concentrated capital, existing research infrastructure, and large-scale computational capacity … Read more

Deep-Tech Startup Hycosys Raises $1 Mn Seed Funding

Hycosys

Bengaluru-based deep-tech engineering startup Hycosys has secured over $1 million (approximately ₹9 crore) in a seed funding round led by MountTech Growth Fund – Kavachh. The funding marks a significant step forward in the company’s mission to develop fuel-flexible, low-emission micro gas turbine (MGT) systems as a cleaner alternative to diesel-based power generators. The startup … Read more

MyDesignation Raises Rs 40 Crore in Series A Funding

MYDesignation Founder

Kerala-based direct-to-consumer (D2C) fashion brand MyDesignation has secured Rs 40 crore in a Series A funding round, marking a significant milestone in its growth journey. The round was led by RPSG Capital Ventures, with continued participation from existing investors Veltis Capital, Multiply Ventures, and Dominor Investments. This fresh capital infusion comes shortly after the brand … Read more

The Rise of Quick Commerce in India: How Instant Delivery Is Transforming Retail, Jobs, and Consumer Behavior

The Rise of quick commerce in India

Indian retail has undergone a profound transformation in the last few years. Not long ago, grocery shopping meant weekly market visits, long checkout queues, and careful planning. Today, millions of Indian consumers can order groceries, medicines, snacks, and even electronics within minutes through mobile apps. This shift has been driven by rising smartphone penetration, affordable … Read more

Exclusive Interaction with Umang Shukla, Co-founder, Edgistfy: How AI and Quick Commerce Are Transforming India’s Supply Chain

Umang Shukla, Co-founder, Edgistfy

In an exclusive discussion with Ankitt Y from Entrepreneur News Network, Umang Shukla, Co-founder of Edgistfy, shares deep insights into the evolution of India’s supply chain ecosystem, the critical gap between technology and operations, the rise of quick commerce, and how AI is fundamentally changing warehouse execution. From building a B2B engine contributing 60% of … Read more

Venice Raises $33M in Total Funding

Venice Founder

Most large-scale cybersecurity breaches can be traced back to a simple issue: unauthorized access. Whether it’s stolen credentials, over-permissioned administrator accounts, or inactive machine identities left exposed after projects end, excessive access remains one of the biggest security risks for enterprises. For decades, organizations have relied on traditional privileged access management (PAM) tools such as … Read more

Sarvam to Launch Made-in-India Smart Glasses by May, Expands Sovereign AI Push

Sarvam

New Delhi | February 18, 2026: Sovereign AI model developer Sarvam has announced plans to launch its made-in-India smart eyewear, Sarvam Kaze, by May 2026, marking a significant step in India’s growing AI hardware ecosystem. The announcement was made by Sarvam Co-Founder Pratyush Kumar at the India AI Impact Summit 2026, where the company also … Read more

EV Charging Startup Statiq Raises $18 Mn in Funding

Statiq

New Delhi, February 18th, 2026 – EV charging infrastructure startup Statiq has raised $18 million (approximately ₹163.2 crore) in a combination of equity and debt funding. The round was led by Tenacity Ventures, with participation from Y Combinator, Shell Ventures, and RCD Holdings. This latest investment follows the company’s $25.7 million Series A round in … Read more

Stable Money Raises $25 Million in Pre-Series C Funding

Stable Money Founder

Bengaluru-based wealthtech startup Stable Money has secured $25 million in a pre-Series C funding round, valuing the company at $175 million. The round was led by Peak XV Partners, with participation from Z47 (formerly Matrix Partners), RTP Global, and Fundamentum Partnership. This latest fundraise comes after the company had previously raised $40 million from investors … Read more

Google Offers AI-Focused Voluntary Exit Program: Is Big Tech Entering an Era of AI-Driven Restructuring?

Google

Imagine working at Google, one of the most powerful tech companies in the world and receiving an internal memo stating that while 2025 has been successful, the pace of change is about to accelerate dramatically. The message is clear: the future is AI, and everyone must be fully aligned. If not, there’s a voluntary exit … Read more

India-AI Impact Summit 2026: New Delhi to Host First Global AI Summit in the Global South

AI Impact Summit

New Delhi | February 2026: The India-AI Impact Summit 2026 is set to become a landmark event in global artificial intelligence cooperation, marking the first-ever global AI summit to be hosted in the Global South. The five-day summit will take place in New Delhi from February 16 to February 20, 2026, bringing together world leaders, … Read more

Didero Raises $30 Million Series A to Scale AI Agents for Procurement Automation

Didero Founders - Tim Spencer, Lorenz Pallhuber, Tom Petit

New York, February 12, 2026: Didero, a New York-based enterprise software startup focused on AI-driven procurement automation, has secured $30 million in Series A funding. The round was co-led by Chemistry and Headline, with participation from M12, Microsoft’s Venture Fund. The fresh capital will accelerate product development and expand go-to-market efforts as manufacturers and distributors … Read more

Capgemini Reports €22.5 Billion Revenue in FY2025, Strengthens AI Strategy and Targets Up to 8.5% Growth in 2026

Capegemini

February 12, 2026: Capgemini SE (Euronext Paris: CAP), chaired by Paul Hermelin, has approved its financial results for the year ended December 31, 2025. Despite a challenging macroeconomic environment, the global technology and consulting major delivered resilient performance, accelerated AI-led transformation initiatives, and outlined an ambitious growth outlook for 2026. Revenue and Financial Performance in … Read more

Subway India operator EverBrands raises $15 Mn In Funding

Subway

EverBrands, the company operating Subway and Lavazza in India, has secured $15 million in fresh funding in a round led by Playbook Partners. The investment will support the company’s expansion strategy and strengthen its multi-brand food and beverage platform across the country. According to industry reports, Playbook Partners will acquire a 5% stake in Subway … Read more

IT Layoffs vs GCC Boom: Why Global Capability Centres Are Creating 3–4 Lakh Jobs in India

IT Layoffs vs GCC Boom:

If you work in IT services — or are trying to enter the industry — you’ve likely seen the headlines: TCS cutting jobs. Infosys reducing headcount. Wipro laying off employees. Collectively, major IT services companies have reduced tens of thousands of roles. Naturally, this creates anxiety among professionals and fresh graduates. But here’s the bigger … Read more

UBS Opens Global Capability Centre in Hyderabad, Plans to Create 3,000 Jobs Over Two Years

UBS

February 12, 2026: Swiss-based financial services giant UBS has inaugurated a new Global Capability Centre (GCC) in Hyderabad, marking a significant expansion of its operations in India. The new centre is expected to generate 3,000 jobs over the next two years, strengthening Hyderabad’s position as a leading hub for high-value financial and technology services. The … Read more

W Health Ventures Announces ₹550 Crore First Close of Fund II to Build AI-Enabled Healthcare Companies

W Health Ventures

February 12, 2026: Healthcare-focused venture capital firm W Health Ventures has announced the initial close of its second fund at ₹550 crore, against a target corpus of ₹630 crore. The Category II Alternative Investment Fund (AIF), valued at approximately $70 million, is expected to reach its final close in the coming weeks. With Fund II, … Read more

Brandlight Raises $30 Million in Series A Funding

Brandlight

AI marketing startup Brandlight has secured $30 million in Series A funding in a round led by Pelion Venture Partners. Existing investors Cardumen Capital and G20 Ventures also participated in the round, reinforcing confidence in the company’s fast-growing AI-driven brand management platform. With this latest investment, Brandlight’s total funding now stands at $36 million since … Read more