Entreprenuernewsnetwork

AI Funding Today: Companion Labs and Gushwork Raise $11.5 Million to Build Consumer and B2B AI Platforms

AI funding

India’s AI ecosystem continues to attract strong investor interest, with two Bengaluru-based startups — Companion Labs and Gushwork — collectively raising $11.5 million in fresh funding to scale AI-driven consumer and enterprise platforms. The funding highlights growing momentum across both AI-powered entertainment for vernacular audiences and AI-driven B2B marketing automation. Companion Labs Raises $2.5 Million … Read more

Spintly Raises $8 Million in Series A funding

Spintly Founder

Goa-headquartered IoT and security technology startup Spintly has raised $8 million in a Series A funding round led by Accel, marking a significant milestone in its growth journey. The round also saw participation from Enrission India Capital, SucSEED Ventures, Alumni Ventures, and Chakra Growth Fund. The fresh capital will help Spintly accelerate its expansion across … Read more

Wootz.work raises $6.6 Mn in Series A Funding

Wootz.work Founder

Delhi, India – B2B engineering equipment marketplace Wootz.work has secured $6.6 million in a Series A funding round led by Z47, with continued participation from Nexus Venture Partners and AdvantEdge Founders, along with new investor Stride Ventures. The funding comes less than a year after the company raised $3.5 million in seed funding in August … Read more

Kris@Work Raises $3 Mn Seed Funding to Build AI-Native GTM

Kris@Work Team

Bengaluru, February 24, 2026 — Kris@Work, an AI-native Go-To-Market (GTM) execution platform designed for enterprise revenue teams, has raised $3 million in seed funding in a round led by InfoEdge Ventures. The round also saw participation from JN Capital & Growth Advisory (Singapore) and a group of angel investors. The fresh capital will be used … Read more

Capgemini Partners with OpenAI to Scale Enterprise AI

Capegemini

Mumbai, February 24, 2026 — Capgemini has announced a strategic partnership with OpenAI to accelerate enterprise-wide artificial intelligence transformation using Frontier, OpenAI’s newly introduced platform designed to build, deploy, and manage AI coworkers capable of performing real business tasks across organizations. As a founding member of the OpenAI Frontier Alliance, Capgemini aims to bridge what … Read more

Nimble Raises $47 Million in Series B to Scale Real-Time Web Search and Agentic AI Platform

Co-Founders Menachem Salinas (CRO) and Uri Knorovich (CEO), with investor Assaf Harel, Partner at Norwest

Nimble, a New York City-based provider of a real-time web search and data infrastructure platform, has secured $47 million in Series B funding, bringing its total capital raised to $75 million. The round was led by Norwest, with participation from Databricks Ventures and existing investors including Target Global, Square Peg, Hetz Ventures, Slow Ventures, R-Squared … Read more

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

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

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

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

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