Ruchi Kumar - Entrepreneur News Network

Leadership Moves This Week: Mars, Lupin, Hexaware, BSE, PwC, KPMG, Alight Solutions & More Announce Key Executive Appointments

July 18, 2026 by Ruchi Kumar

India Inc. continues to strengthen its leadership teams as organizations across the FMCG, healthcare, financial services, technology, consulting, and capital markets sectors announce a series of senior executive appointments and leadership elevations. The latest appointments reflect a growing emphasis on innovation, digital transformation, artificial intelligence (AI), governance, research & development, business growth, and strategic talent … Read more

HCLTech expands India footprint with Global Technology Center in GIFT City

July 18, 2026 by Ruchi Kumar

Ahmedabad: HCLTech, one of the world’s leading technology companies, has inaugurated its Global Technology Center in GIFT City, Gujarat, marking a significant expansion of its artificial intelligence (AI) and digital engineering capabilities in India. The new center will develop AI-led solutions for global financial services clients while serving as a hub for technology innovation, research, … Read more

Madison Air Solutions Raises $2.23 Billion in Landmark IPO to Capitalize on AI Data Centre Boom

July 18, 2026 by Ruchi Kumar

New York: Madison Air Solutions (NYSE: MAIR) has raised $2.23 billion through its initial public offering (IPO), making it the largest U.S. industrial IPO since 1999. The offering values the company at $13.2 billion, underscoring growing investor confidence in businesses supporting the rapid expansion of artificial intelligence (AI) infrastructure. Rather than competing in the AI … Read more

Whale Raises $40 Million in Series C Extension, Total Series C Funding Reaches $100 Million

July 17, 2026 by Ruchi Kumar

Singapore: Enterprise artificial intelligence (AI) company Whale has secured $40 million in a Series C extension, taking its total Series C funding to $100 million. The fresh capital will support the company’s international expansion across North America, Europe, and the Middle East, while strengthening its AI-powered enterprise operations platform. The latest funding round underscores growing … Read more

Uttar Pradesh to Develop India’s Largest Robotics & AI Manufacturing Hub in Noida

July 17, 2026 by Ruchi Kumar

Lucknow: The Uttar Pradesh Government is preparing a major push into artificial intelligence (AI), robotics, quantum computing, semiconductor design, and other frontier technologies with plans to establish India’s largest integrated robotics and advanced manufacturing hub in Noida. The ambitious initiative forms part of the state’s broader strategy to position Uttar Pradesh as a national leader … Read more

Union Cabinet Approves Semicon 2.0 with ₹1.27 Lakh Crore Outlay to Accelerate India’s Semiconductor Ecosystem

July 16, 2026 by Ruchi Kumar

New Delhi: In a major push towards making India a global semiconductor manufacturing and design hub, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved Semicon 2.0, the next phase of the India Semiconductor Programme under the India Semiconductor Mission (ISM). The initiative comes with a total budget outlay of ₹1,27,500 crore, aimed … Read more

Tech Mahindra Reports 28% Growth in Q1 FY27 Profit, Deal Wins Cross $1 Billion for Third Consecutive Quarter

July 16, 2026 by Ruchi Kumar

Pune: IT services company Tech Mahindra reported a strong financial performance for the first quarter of FY27, with consolidated net profit rising 28% year-on-year to ₹1,465 crore, supported by robust deal wins, expanding margins, and growing demand for AI-led digital transformation services. The company also posted 17.7% year-on-year growth in consolidated revenue, which increased to … Read more

Mandrake Bio Raises ₹16 Crore in Pre-Seed Funding to Advance AI-Powered Protein Design Platform

July 16, 2026 by Ruchi Kumar

Bengaluru: AI-driven biotechnology startup Mandrake Bio has secured approximately ₹16 crore in a pre-seed funding round co-led by Activate and Antler, marking a significant milestone in its mission to develop next-generation programmable gene-editing technologies. The funding round also attracted participation from Spectrum Impact and DeVC, along with notable angel investors including Vijay Chandru, Paras Chopra, … Read more

India’s AI Boom Has a Cooling Problem Nobody’s Solved Yet — And It’s Not About Chips or Capital

July 16, 2026 by Ruchi Kumar

Bengaluru: India’s data centre industry is racing to build AI-ready infrastructure worth billions of dollars, but a critical engineering challenge is rapidly emerging behind the scenes—how to efficiently cool next-generation AI servers without placing unsustainable pressure on the country’s electricity and water resources. As hyperscalers, cloud providers and enterprises accelerate investments in GPU-powered infrastructure, cooling … Read more

Naqi Logix Appoints Dino Mariutti to Board of Directors to Accelerate Global AI-Neurotechnology Growth

July 16, 2026 by Ruchi Kumar

Vancouver, Canada: AI-neurotechnology company Naqi Logix Inc. has announced the appointment of Dino Mariutti to its Board of Directors and as Chair of the Audit Committee, strengthening the company’s leadership as it expands its global commercialization strategy and AI-powered neural interface platform. The appointment comes as Naqi Logix accelerates the development and international deployment of … Read more

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

July 15, 2026 by Ruchi Kumar

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more

PolicyStreet Raises Additional US$5 Million from BlueOrchard, Extends Series C Funding to US$26 Million

July 15, 2026 by Ruchi Kumar

Kuala Lumpur: Southeast Asian insurtech company PolicyStreet has raised an additional US$5 million in its Series C funding round from BlueOrchard, a leading global impact investment manager and member of the Schroders Group. The latest investment increases the company’s total Series C funding to US$26 million, strengthening its plans to expand digital insurance access across … Read more

Cribl Acquires Israeli Cybersecurity Startup CardinalOps to Strengthen AI-Powered Security Platform

July 15, 2026 by Ruchi Kumar

San Francisco | Tel Aviv: U.S.-based telemetry management company Cribl has announced the acquisition of Israeli cybersecurity startup CardinalOps, strengthening its artificial intelligence-driven cybersecurity platform and expanding its global operations. While the companies did not officially disclose the financial terms of the transaction, industry estimates value the deal at approximately $100 million. The acquisition is … Read more

TCS Launches AI-Powered Autonomous Engineering Lab with NVIDIA in Bengaluru

July 15, 2026 by Ruchi Kumar

Bengaluru | Mumbai: Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched the TCS Autonomous Engineering Lab Powered by NVIDIA at its Global Axis campus in Bengaluru. The new facility will function as a dedicated Physical AI hub designed to accelerate the development, testing, and deployment of AI-driven … Read more

Spain’s Submer Group to Invest ₹19,000 Crore in Madhya Pradesh Semiconductor and Data Centre Ecosystem

July 15, 2026 by Ruchi Kumar

Bhopal: Spain-based Submer Group has announced a ₹19,000 crore investment in Madhya Pradesh to develop semiconductor and data centre infrastructure, marking one of the state’s largest technology investments to date. The project is expected to generate nearly 5,000 direct employment opportunities while strengthening India’s rapidly growing semiconductor and digital infrastructure ecosystem. The announcement was made … Read more

The Home That Couldn’t Hold: Why Medial, India’s “LinkedIn for Startups,” Just Shut Its Doors

July 14, 2026 by Ruchi Kumar

A Bengaluru platform that once claimed half a million users across 30 countries — and a Shark Tank India feature to its name — has gone dark, raising fresh questions about how sustainable niche professional networks really are. Medial founder and CEO Niket Raj Dwivedi confirmed in a LinkedIn post that read part farewell, part … Read more

Karnataka to Launch India’s First Government-Led AI University and AI Hub

July 14, 2026 by Ruchi Kumar

Bengaluru: Karnataka has announced plans to establish India’s first government-led Artificial Intelligence (AI) University along with a dedicated AI Hub, reinforcing the state’s ambition to become a global centre for artificial intelligence, innovation, and advanced technology. The announcement was made by Chief Minister D.K. Shivakumar while inaugurating Google I/O Connect India 2026 at the Bangalore … Read more

ILO Report: Nearly 80 Million ASEAN Workers Could Be Impacted by Generative AI, But Mass Job Losses Unlikely

July 14, 2026 by Ruchi Kumar

Singapore: Generative artificial intelligence (GenAI) is expected to reshape the future of work across Southeast Asia, with nearly 80 million workers in ASEAN employed in occupations that have at least some level of exposure to AI technologies, according to a new report released by the International Labour Organization (ILO). Despite the growing influence of AI, … Read more

Honasa Consumer Names Shivang Jain as CEO of BTM Ventures to Accelerate Reginald Men’s Expansion

July 14, 2026 by Ruchi Kumar

New Delhi: Beauty and personal care company Honasa Consumer Limited, the parent company of Mamaearth, has appointed Shivang Jain as the Chief Executive Officer of BTM Ventures, the company behind men’s personal care brand Reginald Men. The leadership appointment follows Honasa Consumer’s acquisition of a majority stake in BTM Ventures in December 2025 and reflects … Read more

Robo.ai Appoints Former INTERPOL President Ahmed Naser Al-Raisi as Chairman of Neurovia AI

July 14, 2026 by Ruchi Kumar

Dubai: Artificial intelligence company Robo.ai Inc. has appointed H.E. Ahmed Naser Al-Raisi, the former President of INTERPOL, as the Chairman of Neurovia AI, its recently integrated subsidiary. The appointment takes immediate effect and marks a significant step in strengthening the company’s leadership, governance, and AI security capabilities. The move reflects Robo.ai’s strategy to build trusted … Read more