Tag: deeptech

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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Karnataka Unveils ₹518 Crore Startup Policy to Build 25,000 Ventures by 2030

The Karnataka Cabinet has approved the Startup Policy 2025–2030, setting an ambitious target to establish 25,000 startups across the state over the next five...

VTU–QNu Labs Launch Quantum Lab in Bengaluru

India’s quantum ambitions took a major step forward as Visvesvaraya Technological University (VTU) announced a partnership with QNu Labs, the country’s pioneering quantum cryptography...

India’s Startup Boom: 1 Million Startups by 2035?

The number of startups in India is expected to surge nearly tenfold over the next decade, reaching 1 million, driven by extensive government support,...