Tag: Startup Ecosystem

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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Startup-Linked Economy Gains Government Backing

India’s future economic strength may rest on a new foundation—one that links startups more closely with industry. At the launch of Chandigarh University’s Campus...

Andhra, NVIDIA Join Hands for AI University

The Government of Andhra Pradesh has signed a Memorandum of Understanding (MoU) with US-based technology major NVIDIA to jointly build an Artificial Intelligence (AI)...

Dr. Jitendra Singh Pushes AI and Deep-Tech Growth via ANRF

Union Minister Dr. Jitendra Singh chaired a comprehensive review meeting of the Department of Science and Technology (DST) on Monday, emphasizing the urgent need...

Deep Tech Demands More Than Startups: Bikhchandani

Tech entrepreneur and InfoEdge founder Sanjeev Bikhchandani weighed in on the ongoing debate over India’s startup ecosystem, asserting that the onus of building deep...

upGrad Sets Up Rs 100 Cr AI Incubator for EdTech Innovation

Edtech unicorn upGrad has committed Rs 100 crore to launch an AI incubator aimed at fostering innovation in the learning and skilling space. The...

STPI Launches Incubation Hub in Kolkata for IT Startups

The Software Technology Parks of India (STPI), under the Ministry of Electronics and Information Technology (MeitY), has inaugurated a new incubation facility in Salt...