Entrepreneur News Network

EXL to Acquire iMerit in $310 Million Deal

EXL to acquire iMerit Technology

Artificial intelligence is rapidly moving from experimentation to enterprise-wide deployment, and organizations are increasingly seeking partners capable of building trustworthy, domain-specific AI solutions. In one of the biggest AI-focused acquisitions of the year, EXL (NASDAQ: EXLS) has announced a definitive agreement to acquire AI model training and reinforcement learning specialist iMerit in a transaction valued … Read more

Indian Startup Funding Weekly Roundup: 23 Startups Raise Nearly $432 Million as Sarvam Joins the Unicorn Club

Founder Stories

India’s startup ecosystem posted a strong week of fundraising activity, with 23 startups collectively raising close to $432 million across 21 publicly disclosed deals. The week’s funding mix included 7 growth-stage rounds and 14 early-stage rounds, while two startups chose not to reveal their deal terms. Beyond the capital raised, the week was also marked … Read more