SOLUTION PROVIDERS

California-based Aerospike has appointed Venkatesh Guntur as its new country manager for Southeast Asia. Guntur, with over 25 years in enterprise IT sales, will lead the firm's growth and expansion in the ASEAN region, focusing on enhancing its pres...

Online healthcare and technology solutions provider Cloudphysician has raised $10.5 million (about Rs 87.7 crore) in a funding round led by Peak XV Partners, along with Elevar Equity and venture debt firm Panthera Peak. The startup will use the capi...

Ankit Kumar, founder and CEO of Skye Air said this fresh funding will help the company to expand its last-mile network across Gurugram and other cities for various service like healthcare, ecommerce. Kumar added he is hopeful that his company will b...

Wipro launched Lab45 AI platform to enhance business functions and industry-specific solutions for customers and employees. The platform has shown productivity gains of up to 30% across industries, according to Subha Tatavarti, Wipro's chief technol...

ONGC will retain full ownership of Mumbai High fields, seeking only technical assistance from global firms like BP to boost declining output. The foreign partner will earn from increased production but won't share in ownership or incur costs. ONGC a...

Axiscades Technologies announces a Rs 100 crore order to deliver Man Portable Counter Drone Systems to the Indian Army. The system, capable of operating on battery and main power supply, can detect and jam various drones up to 5 kilometers away. The...

Comviva, a digital solutions provider, has appointed Rajesh Chandiramani as CEO and whole-time director, effective June 1, 2024. Chandiramani succeeded Manoranjan 'Mao' Mohapatra, who retired in May 2024. Chandiramani previously held senior leadersh...

Water scarcity in India presents opportunities for companies offering solutions, according to a J.P. Morgan report. India has 18% of the world’s population but only 4% of its freshwater. Key companies like Larsen & Toubro, Voltas, and Thermax are im...

ACT Fibernet is among India’s largest wired internet service providers, operating in 25 cities and serving 2.2 million customers. With this investment, the company aims to strengthen its ability to provide the best home Wi-Fi experience for its cust...

Enhanced Innovations' Phloton is an energy-agnostic device designed to improve efficiency of the delivery of medical supplies to the last mile.

The partnership will enable semiconductor manufacturers, system OEMs (original equipment manufacturers) and cloud services providers to enhance the computing efficiency of their data centre environments, HCLTech said in a statement.

EKI Energy Services will provide carbon credit services for clients of Azerbaijan-based FARI Solutions, managing the entire carbon credit process in Azerbaijan.

Luxury goods retail faces a $30 billion annual loss due to counterfeiting, prompting a shift to advanced technologies like blockchain and tokenization. These innovations ensure product authenticity and protect brand reputation. Blockchain tracks pro...

KKR acquires a significant minority stake in Infinx Services, a leading healthcare revenue cycle solutions provider. With Norwest Venture Partners also participating, the investment aims to accelerate Infinx's growth in the US healthcare market, lev...

Shares of DXC Technology slumped 18% on Friday, after the IT services provider unveiled a new revamp and forecast fiscal 2025 revenue and profit below estimates.

The company expects its differentiated business model, expanding presence in tier-1 and tier-2 cities and increasing demand from large enterprises and startups to help make its public listing a success and drive future growth, founder and managing d...

Coworking space company, Awfis Space Solutions, will launch its initial public offering (IPO) on May 22, the company’s red herring prospectus showed. The Delhi-based company has reduced the fresh capital it is raising from the offering to Rs 128 cro...

Reserve Bank Governor Shaktikanta Das held a meeting with banks, NPCI, third-party application providers, and technology service providers to discuss strategies for expanding the UPI ecosystem. The discussions covered strategies for scaling up UPI i...

Polaris Smart Metering will supply, commission, install and maintain smart meters for consumers and system metering across the consumer base in these important clusters for the next 10 years. These smart meters will be equipped with state-of-the-art...