Entrepreneur News Network

The Wealth Company’s Bharat Value Fund Invests ₹400 Crore in Boldfit’s Series B Round

The Wealth Company

12 October 2026, India –  Bharat Value Fund Backs Boldfit With ₹400 Crore Investment. The Wealth Company Alternates’ Bharat Value Fund, a Category II Alternative Investment Fund (AIF), has invested approximately ₹400 crore in Boldfit, an Indian sports and fitness brand, as part of the company’s Series B funding round. According to a statement, the … Read more

Nazara Technologies Founder Nitish Mittersain to Step Down as MD; Mithun Sacheti to Become Executive Director

Nazara Technologies

12 October 2026, India –  Nazara Technologies founder Nitish Mittersain is stepping down as Managing Director (MD) and will be redesignated as Founder and Non-Executive Director, marking a significant leadership transition at one of India’s oldest gaming companies. Mithun Sacheti, co-founder of jewellery retailer CaratLane and a co-promoter of Nazara Technologies, will take over as … Read more

Top Asian Startup Funding Roundups: 10 Startups Raise Fresh Capital to Scale Across Global Markets

Asian funding

Asian startups continued to attract venture capital and strategic investment during the week of September 27–October 2, 2026, with funding flowing into travel technology, fintech, biotech, cybersecurity, edtech, investment technology, infrastructure software, beauty and preventive healthcare. The latest funding activity highlights continued investor interest in businesses building technology-led solutions for regional and global markets. From … Read more

Virtusa Appoints Srinivas BG as Chairman of the Board

Srinivas-BG

September, 23, 2026 – Virtusa Corporation has appointed Srinivas BG as its new Chairman of the Board of Directors, effective October 1, 2026, bringing more than four decades of global leadership experience across technology, telecommunications, financial services and manufacturing. The leadership transition comes as the technology services industry undergoes rapid changes driven by artificial intelligence, … Read more

Comviva Appoints Sanjiv Patankar to Lead Global FinTech Business

Sanjiv Patankar

Sep. 16, 2026, Delhi – Comviva has appointed Sanjiv Patankar as Product Unit Head of its FinTech business, where he will lead the company’s digital financial services portfolio spanning digital wallets and payments, payment orchestration, embedded finance and tokenisation. The appointment comes as financial services continue to evolve around digital payments, embedded experiences, digital identity, … Read more

Quick Heal Technologies Appoints Amit Chaudhary as Vice President – Product Management

Amit Chaudhary

PUNE, September 2, 2026: Quick Heal Technologies Limited has appointed Amit Chaudhary as Vice President – Product Management, strengthening the company’s product leadership as it expands its focus on cybersecurity, data privacy, artificial intelligence and customer-centric innovation. Chaudhary will lead the company’s product function and oversee product vision, strategy and roadmap across Quick Heal’s cybersecurity … Read more

MongoDB Names Richard Scott Head of Asia Pacific and Japan

Richard Scott

SYDNEY, September 2, 2026: MongoDB has appointed Richard Scott as Senior Vice President, Asia Pacific and Japan (APJ), as the company looks to accelerate regional growth and help enterprises transition artificial intelligence from experimentation to production-scale deployment. Based in Sydney, Scott will lead MongoDB’s regional strategy at a time when businesses across APJ are increasingly … Read more

DXC Technology Appoints Arun Melkote as Global Head of Delivery for CES

Arun-Melkote-2026

BENGALURU, September 2, 2026: DXC Technology has appointed Arun Melkote as Global Head of Delivery for Consulting & Engineering Services (CES), strengthening its leadership team as the company expands its focus on AI-native software engineering, application modernization and global delivery. Melkote will report to Ramnath Venkataraman, President of Consulting & Engineering Services at DXC Technology, … Read more

Vertiv Expands Italy Manufacturing to Meet Rising AI Data Center Cooling Demand

Italy

Padua, Italy: Critical digital infrastructure provider Vertiv has announced new investments at its Tognana campus near Padua, Italy, aimed at expanding manufacturing capacity and advanced testing capabilities for data center cooling systems. The expansion comes as demand for AI-ready infrastructure and high-density computing continues to surge worldwide. Vertiv expects the investment to double its chiller … Read more

Dabur Collaborates with Accenture to Accelerate AI-Led Reinvention

Accenture

New Delhi, India: FMCG major Dabur India Limited has announced a multi-year strategic collaboration with Accenture to accelerate enterprise-wide artificial intelligence (AI) adoption, strengthen data-driven decision-making, and build a future-ready digital business. The partnership marks the next phase of Dabur’s digital transformation journey, with a focus on integrating AI across core business functions to improve … Read more

PUMA Expands India Tech Presence with New Global Capability Centre in Pune

PUMA

Pune, India: Global sportswear giant PUMA Group is strengthening its technology footprint in India with the launch of a new Global Capability Centre (GCC) TechHub in Pune, reinforcing the country’s growing role as a strategic hub for digital engineering, artificial intelligence (AI), and product innovation. The new centre will support PUMA’s global retail and e-commerce … Read more

Yuvraj Singh Joins Healthtech Startup UN:BLOC as Investor and Founding Team Member

Yuvraj Singh

Gurugram, India: Former Indian cricketer Yuvraj Singh has joined UN:BLOC, the new healthcare venture founded by serial entrepreneur Deepak Sahni, as an investor and a member of the company’s founding team. The partnership marks the second entrepreneurial collaboration between the two after their successful association with healthtech company Healthians. The move highlights the growing interest … Read more

Kaapi Machines Raises ₹50 Crore from Sedna HoReCa to Expand Coffee Equipment and HoReCa Solutions Business

Kaapi

Mumbai, India: Coffee equipment and services company Kaapi Machines has secured a ₹50 crore equity investment from Sedna HoReCa (Sedna), a private equity-backed B2B HoReCa solutions provider. Alongside the investment, both companies have entered into a strategic partnership aimed at accelerating growth in India’s rapidly expanding coffee and hospitality industry. The partnership is expected to … Read more

Germany’s Agile Robots Takes Majority Control of XNG Automation

Agile

Bengaluru, India: AI-powered robotics company Agile Robots has acquired a majority stake in Bengaluru-based XNG Automation, strengthening its presence in India’s fast-growing industrial automation market and accelerating the adoption of intelligent manufacturing solutions. The acquisition will enable Agile Robots to combine its advanced robotics and artificial intelligence technologies with XNG Automation’s expertise in factory automation, … Read more

PM Modi to Lay Foundation Stone for Andhra Pradesh’s First Semiconductor Facility by ASIP Technologies

PM Modi

Visakhapatnam, India: Prime Minister Narendra Modi is set to lay the foundation stone for ASIP Technologies’ ₹2,388 crore semiconductor facility in Visakhapatnam, Andhra Pradesh, marking a major milestone in India’s ambition to become a global semiconductor manufacturing hub. The project will be the first approved semiconductor facility in Andhra Pradesh under the India Semiconductor Mission … Read more

Salil Parekh to step down as Infosys CEO in March 2027 after nine-year tenure

Infosys

Bengaluru, India, July 31, 2026: Infosys Chief Executive Officer Salil Parekh will step down on March 31, 2027, ending a nine-year tenure that helped restore stability at India’s second-largest IT services company and positioned it for the next phase of artificial intelligence-driven growth. Parekh will hand over the role to Ashiss Kumar Dash on April … Read more

Singapore’s ADA acquires India’s Algonomy to expand AI retail decisioning across 34 markets

ADA

Singapore/Bengaluru: AI and data company ADA has completed the acquisition of Algonomy, a Bengaluru-headquartered AI retail decisioning platform, in a strategic move aimed at expanding its global footprint and strengthening its enterprise AI capabilities. While the companies did not disclose the financial terms of the transaction, the acquisition significantly enhances ADA’s portfolio by integrating advanced … Read more

Southeast Asia’s Top Payment Startups Raise Over $2.7 Billion as Investor Confidence in Fintech Remains Strong: Tracxn

Fintech

Singapore: Southeast Asia’s payments ecosystem continues to attract strong investor confidence, with the region’s 12 most-funded active payment startups collectively raising more than $2.7 billion in equity funding, according to a new report by market intelligence platform Tracxn. The report highlights the rapid evolution of Southeast Asia’s fintech landscape, where payment companies are building solutions … Read more

India’s Economy Is Growing at 7.4%. Its Tax Take Is Shrinking. Here’s Why.

India's Economy

India’s real GDP is estimated to grow 7.4% in FY 2025-26, one of the fastest rates of any large economy — the IMF has its own forecast at 7.3%. Gross Goods and Services Tax collections in the same year came in at roughly ₹22 lakh crore, up 8.3% on the previous year. April 2026 set … Read more

SK Telecom Launches SK Hyper to Accelerate AI Data Center Expansion

SK telecom

Seoul: South Korean telecom giant SK Telecom (NYSE: SKM) is making one of its most ambitious bets on artificial intelligence infrastructure with the launch of SK Hyper, a wholly owned subsidiary dedicated to developing hyperscale AI data centers across South Korea. The company’s Board of Directors has approved the creation of SK Hyper alongside an … Read more