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

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Tech Mahindra

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

LTM Partners with Anthropic to Accelerate Claude Adoption and Expand Enterprise Delivery

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LTM

Mumbai: AI-centric technology services company LTM, part of the Larsen & Toubro (L&T) Group, has announced a strategic partnership with Anthropic, the artificial intelligence company behind the Claude family of AI models. The collaboration aims to help enterprises accelerate the adoption of Claude, Claude Code, and Claude Cowork across software engineering, application modernization, and business … Read more

M37Labs Secures Pre-Seed Funding From Concept Group

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M37Labs Founders

M37Labs, a trailblazer in artificial intelligence solutions, has officially launched, bringing innovative AI capabilities to enterprises worldwide. Founded by visionary leaders Prashant Shivram Iyer and Zorawar Purohit, the company has already secured a significant undisclosed amount in pre-seed funding from Vivek Suchanti, owner of the Concept Group, marking a strong endorsement of M37Labs’ mission and … Read more

FinX Secures $6 Million Seed Funding to Bridge India’s Education-Employability Gap

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FinX, a skilling platform focused on equipping India’s BFSI (Banking, Financial Services, and Insurance) sector with job-ready talent, has raised $6 million in seed funding from Elevar Equity. Addressing India’s Employability Challenge India faces a significant gap between formal education and market-ready skills. According to the India Skills Report 2024, more than 50% of Indian … Read more

Goldtech startup Ruptok Fintech raises Rs 16 Cr

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Ruptok

Ruptok, a fintech platform for gold loans, has raised Rs 16 crore from existing and new investors, including Manuvel Malabar Jewellers and industry veterans and HNIs Nivedan Sahay and Neeraj Aggarwala, in its pre-Series A fundraising round. According to the firm, over Rs 60 crore has been distributed to over 1,600 clients. Ruptok is a … Read more