TECH NEWS
ITC Infotech is reportedly moving closer to acquiring a controlling stake of around 44% in Bengaluru-based Happiest Minds Technologies from founder Ashok Soota and promoter entities, in what could become one of the bigger consolidation moves in India's mid-tier IT services market. Multiple media reports have placed the
TECH NEWS
Enterprise AI is moving beyond copilots and experiments into business processes. As companies deploy more AI systems, the bigger question is how to keep those systems predictable, governed, and accountable. For India, Sajeev Viswanathan, Founder & CEO, New Street Technologies, argues that the focus should be on using AI to
TECH NEWS
PhonePe has launched UPI 123Pay for feature phone users, enabling them to make UPI payments without an internet connection and extending the company's digital payments network to a segment of more than 200 million feature phone users in India, according to the company. PhonePe said it is the
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Gnani.ai has recently launched Artha, an end-to-end sovereign AI stack unveiled in New Delhi on August 28, 2026, in the presence of Vice-President of India C. P. Radhakrishnan. The launch centered on Gnani Evon v3.3, a 30-billion-parameter open-weights model, and Plexus, the company's agentic AI platform.
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MapmyIndia Mappls, the digital maps and deep-tech company of C.E. Info Systems Ltd, has partnered with AI-driven data analytics company ClarityX to launch Geo-FI, a platform that uses location and geospatial data to help banks and financial institutions make lending decisions. The companies said Geo-FI is designed to add
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OpenAI has decided to wind down its agreement to provide AI models to Cursor, following the coding platform's acquisition by SpaceX, citing concerns over whether Elon Musk's companies will use its technology within OpenAI's contractual terms. OpenAI said on August 28 that it had
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Zomato, a food delivery company, is shutting down its customer support operations in Hyderabad, affecting approximately 240 employees, according to reports. Other reports have put the overall number of affected employees at around 250. Zomato is consolidating its remaining in-house customer support operations in Gurugram while moving a larger share
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India’s AI startup ecosystem is entering a phase where building a working AI product is no longer the only challenge. As startups move from experimentation to production, infrastructure decisions are becoming closely tied to their ability to control costs, handle rising workloads, and meet enterprise requirements. For early-stage founders,
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Artificial intelligence is moving deeper into India's procurement function as enterprises face an 8% increase in workloads without a corresponding rise in headcount, according to Procol's State of Procurement in India 2026 report. The report, based on Procol's platform data covering more than $20
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India’s digital lending story has largely been about what happens before a loan is disbursed: faster underwriting, digital onboarding, automated decisions, and wider access to credit. The less visible part of that journey is what happens when a borrower misses a payment. Collections has traditionally remained more dependent on
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Mphasis has signed a strategic agreement with Japan-based TechnoPro Holdings to take its AI-led enterprise modernization and optimization offerings to the Japanese market. Under the agreement, TechnoPro will introduce Mphasis Modernize and Mphasis Optimize to clients across Japan. Both offerings are built on Mphasis Tria, which the IT services company
TECH NEWS
Blue Machines AI has launched Project Icebreaker, a co-innovation program aimed at helping Indian banking and financial services companies move artificial intelligence projects from pilots into production. The initiative will select five financial institutions in India, including banks, non-banking financial companies (NBFCs), insurers and fintechs, according to the company. Under
