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The first close was anchored largely by domestic investors such as Srikar Reddy of Sonata Software, Siddharth Bafna of Lodha & Co; Sekhar Boddu, a former Amazon technology director; Chamaria Group, Steel House Family Office, Avyay Jhunjhunwala,founder of Enzo Developers, family office of Vijayalaksh
Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomously on platforms like ChatGPT. Fintechs have enabled payments, paving the way for automated searching, ordering, and payment. Brands are preparing for this future,
The HCL-Foxconn joint venture has appointed Taiwanese firm CTCI as the EPC partner for its upcoming semiconductor assembly and testing facility in Uttar Pradesh. This Rs 3,706 crore OSAT plant will manufacture display driver chips, marking CTCI's entry into India's semiconductor sector. CTCI's exist
Lalit Keshre, cofounder and CEO of Groww, has built India's largest stockbroking platform in under a decade, achieving a successful IPO and significant market capitalisation growth. Leveraging digital infrastructure, Groww aims to expand into wealth management by building a full-stack platform and i
RateGain Travel Technologies has emerged as a leader in digital solutions for the rebounding global travel sector. The Noida-based firm, leveraging AI and real-time data from over 1,100 sources, has achieved significant revenue growth and profitability. Its ability to scale rapidly post-pandemic and
India's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spending. AI is also causing price pressures. Despite these headwinds, companies are maintaining stable margins. Analysts are watching for benefits from new AI services
LTM CEO Venu Lambu downplayed AI-led deflation concerns, framing pricing pressures as normal market evolution requiring adaptation. He emphasized execution as the key challenge amidst a generational technology shift, with LTM restructuring into three service lines, including a new business AI unit,
As the courtroom doors swing open on Monday, tech titan Elon Musk steps into a fierce clash against AI powerhouse OpenAI. Musk argues that the organization has strayed from its foundational mission of serving the greater good. With OpenAI's ChatGPT challenging Musk's own AI initiative, Grok, the sta
On April 28, Andhra Pradesh's Chief Minister, N Chandrababu Naidu, will unveil Google's monumental $15 billion AI data centre in Visakhapatnam. With a staggering capacity of 1 GW, this project is set to position Visakhapatnam as a premier technology hub and the AI focal point of Asia.
OpenAI's CEO Sam Altman has apologized to a Canadian town devastated by a February mass shooting, saying he was "deeply sorry" the company did not notify police about the killer's troubling ChatGPT account. Canadian officials condemned OpenAI's handling of the case and summoned company leaders to Ot
Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing revenue deflation in legacy services. However, this near-term compression is being offset by a multi-billion-dollar surge in new AI-native engagements, prompting a d
Rajaram, who has invested in various tech companies, is best known for building Google’s advertising network AdSense and scaling it to over $1 billion in revenues. He currently serves as a board member at Pinterest and has invested in the design tool Figma, among others.
Srikanth Velamakanni has taken over the top leadership charge of NASSCOM (National Association of Software and Service Companies) at a time when the Indian IT industry is facing twin challenges: geopolitical turmoil and disruption by artificial intelligence.
That’s the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Executive Officer Lip-Bu Tan secured the unconventional investment following a charm offensive to win over the White House and repair relations with President Donal
App-based transport workers are demanding mandatory heatwave protection, including paid breaks and access to water, under the Code on Social Security, 2020. The Indian Federation of App-Based Transport Workers (IFAT) has urged the government to implement these measures, citing similar protections in
Union Finance Minister Nirmala Sitharaman has warned of a new cyber threat from Anthropic's AI model Mythos, comparing its potential impact to that of war. Authorities are increasing engagement with Anthropic and the US administration to understand and counter these evolving digital risks, while als
India's IT sector faces a critical juncture as AI reshapes the industry, necessitating rapid workforce upskilling. Salesforce India CEO Arundhati Bhattacharya highlighted that while job disruption is unavoidable, new roles will emerge. She emphasized India's young, adaptable talent pool as a key adv
AI is transforming Indian workplaces. Employees leveraging AI skills will see career advantages in the coming years. Sectors like technology, GCCs, and BFSI will lead this shift. Companies are integrating AI into core strategies, not just as tools. This will impact appraisals and career growth, espe