Entrepreneur News Network

Amazon Cuts 16,000 Jobs as CEO Bets Big on AI and $600B AWS Future

Amazon

Amazon has reportedly laid off around 16,000 employees as part of a major organisational restructuring, even as Chief Executive Officer Andy Jassy outlines an ambitious vision for the company’s future driven by artificial intelligence (AI). The move highlights a growing trend in the global tech industry: streamlining operations today while investing heavily in AI-led growth … Read more

Travel Tech Startup Atlys Raises $36 Million, MakeMyTrip Joins as Strategic Investor

Mohak Nahta, CEO and Founder, Atlys

Visa processing startup Atlys has secured $36 million in a Series C funding round led by Susquehanna Asia Venture Capital, marking another major milestone in the company’s rapid global expansion. Existing investors Elevation Capital, Long Journey Ventures, and Peak XV Partners also participated in the round, while travel platform MakeMyTrip joined as a new strategic … Read more

AGNIT Semiconductors raises $2.6 Mn in seed Funding

AGNIT-Semiconductors-Team-Feature-760x570

Bengaluru-based semiconductor startup AGNIT Semiconductors has raised $2.6 million (around ₹24 crore) in an extension of its seed funding round led by Shastra VC, with participation from existing investors 3one4 Capital and Zephyr Peacock. The latest funding reflects growing investor interest in India’s deep-tech and semiconductor ecosystem, particularly in emerging materials such as gallium nitride … Read more

Andhra Pradesh Invites Capgemini to Build GCC in Vizag, 20,000 IT Jobs Likely

Capegemini

The Andhra Pradesh government has invited global technology consulting firm Capgemini to establish a major IT development centre and Global Capability Centre (GCC) in Visakhapatnam, a move that could generate up to 20,000 technology jobs in the region. The proposal was presented by Andhra Pradesh IT Minister Nara Lokesh during a meeting with Capgemini CEO … Read more

Why Claude Co-Work Could Transform the Future of Work

Why Claude Co-Work Could Transform the Future of Work

Every generation experiences a moment when technology quietly rewrites the rules of work. Sometimes the shift is obvious. Sometimes it happens quietly—until suddenly everyone realizes the ground has moved beneath them. In 1972, calculators entered offices and accountants feared for their jobs. In 2007, smartphones transformed entire industries—from taxis to retail. Now, something similar is … Read more

KaarTech Raises $11 Million From Playbook Partners to Expand Cloud and AI Infrastructure Services

kaartech-raises-11-million-from-playbook-partners-to-expand-cloud-and-ai-infrastructure-services

Enterprise infrastructure services provider KaarTech has secured $11 million in fresh funding from investment firm Playbook Partners, strengthening its ability to expand globally and enhance its enterprise technology offerings. The new investment brings Playbook Partners into KaarTech’s investor base alongside existing backer A91 Partners, a Mumbai-based private equity firm. A91 Partners had previously invested $30 … Read more

ServiceNow Acquires Israeli AI Startup Traceloop

Servicenow

The enterprise software giant has acquired Israeli AI observability startup Traceloop, reportedly for $60–80 million, deepening its presence in Israel and doubling down on one of the most urgent — and under-discussed — layers of the AI stack: visibility and governance. This isn’t about flashy generative AI demos. It’s about control. And that matters. Why … Read more

Voice AI Startup Origa Raises $450,000 Led by Antler Singapore

ORIGA Founder

Voice AI startup Origa has secured $450,000 in fresh funding in a round led by Antler Singapore, with participation from angel investors associated with global companies such as Uber, SpaceX, and Salesforce. With this round, the company’s total funding now stands at $1 million. The newly raised capital will be used to strengthen Origa’s engineering … 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

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

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

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

AI software testing startup BotGauge AI raises $2 Mn In Funding

BotGauge

Software testing startup BotGauge AI has raised $2 million (approximately ₹17 crore) in a funding round led by Surface Ventures, with participation from IA Seed Ventures and Saka Ventures. The funding marks an important milestone for the young company as it looks to scale its AI-driven quality assurance platform globally. The newly raised capital will … Read more

Java Capital Launches ₹400 Crore Deeptech Fund to Back IP-Led Startups at Seed Stage

Java Capital

Early-stage venture capital firm Java Capital has announced the launch of a ₹400 crore deeptech-focused fund, aimed at supporting seed-stage startups building intellectual property–driven technology businesses from India. The new fund underscores growing investor interest in deeptech innovation as India emerges as a hub for globally relevant, research-intensive technologies. The fund includes a greenshoe option … Read more

AI-Enabled NDT Robotics Startup Octobotics Raises Rs. 10 Crore in Series Seed Funding

Octobotics Cofounders Mr Ishan Bhatnagar on left and Mr Gulshan Kumar on right

New Delhi, India, Feb, 6, 2026 – Octobotics Tech Pvt. Ltd., an industrial robotics startup focused on advanced inspection solutions, has successfully closed its Series Seed funding round of approximately ₹10 crore. The round was led by Navam Capital, with participation from BYT Capital. The fresh capital will be used to accelerate product development, strengthen … Read more