STARTUP/TECHNOLOGY
Capillary Buys SessionM For $20Mn To Boost Enterprise Loyalty
Capillary Technologies, a global leader in AI-powered customer loyalty and engagement solutions has entered into a definitive agreement to acquire SessionM, the customer engagement and loyalty company from Mastercard for a cash consideration of $20 million. Session M Inc, founded in 2011, is a wholly owned subsidiary of Mastercard Inc. The proposed acquisition is part […]
CW Bureau
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Feb 25, 2026
STARTUP/TECHNOLOGY
Shunya Labs’ Vaķ Signals Shift Towards Sovereign, Inclusive Voice AI
At a time when India’s artificial intelligence ambitions hinge on digital sovereignty and linguistic inclusion, Shunya Labs’ launch of Vāķ, a real-time, open-weight voice AI translation system spanning 2,970 language pairs across 55 Indian mother tongues, could mark a inflection point for both the country’s AI ecosystem and public service delivery. Reducing Dependence on Foreign […]
CW Bureau
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Feb 25, 2026
STARTUP/TECHNOLOGY
Centum Bags HAL Order For AESA Radar For UH-Maritime Platform
Centum Electronics has secured a purchase order from Hindustan Aeronautics Ltd (HAL) for the design and development of active electronically scanned array (AESA) radar systems for the utility helicopter–maritime (UH-M) platform, marking a significant step in its expanding footprint in indigenous defence electronics. The Bengaluru-based electronics system design and manufacturing company will develop AESA radar systems capable […]
CW Bureau
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Feb 24, 2026
STARTUP/TECHNOLOGY
IIT-M’s Prof B Ravindran Selected To UN Panel On Artificial Intelligence
Indian Institute of Technology, Madras (IIT Madras) Professor B Ravindran has been appointed to the independent international scientific panel on artificial intelligence, established by the United Nations to provide rigorous, independent scientific assessment of AI’s impact on society. Established through UN General Assembly resolution, the panel on AI serves as the first global scientific body […]
CW Bureau
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Feb 24, 2026
STARTUP/TECHNOLOGY
Lineage Power Secures ₹159-Cr Energy Storage Contract from Reliance
Lineage Power Pvt. Ltd., the material subsidiary of Pace Digitek Ltd, has secured a ₹159-crore purchase order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs. Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah lithium-ion battery packs. These industrial-grade systems are designed to provide backup […]
CW Bureau
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Feb 24, 2026
STARTUP/TECHNOLOGY
MobiKwik Arm Gets BSE Approval To Launch Stock Broking Operations
Mobikwik Securities Broking Pvt Ltd (MSBPL), a wholly owned subsidiary of One MobiKwik Systems Ltd. (MobiKwik), has received approval from the BSE Ltd to commence its stock broking business. BSE has enabled MSBPL on its platform with effect from February 24, 2026. The approval follows the grant of stock broking registration to MSBPL by the […]
CW Bureau
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Feb 24, 2026
STARTUP/TECHNOLOGY
Pine Labs To Modernise Digital Payments Platform Of Indian OMCs
Global fintech platform Pine Labs has announced that it has won multiple landmark contracts from three of the leading oil and marketing companies (OMCs) in India, namely Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd(HPCL), and Indian Oil Corporation Ltd (IOCL). Under the contracts executed with respective OMCs, Pine Labs will be entrusted with […]
CW Bureau
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Feb 23, 2026
STARTUP/TECHNOLOGY
Tata Communications, RailTel Collaborate To Boost Digital Infra For AI
Tata Communications, the leading global communications technology player, and RailTel Corporation of India have entered into a strategic association to jointly advance next-generation digital infrastructure globally. RailTel, a Navaratna PSU, operates one of India’s largest neutral telecom networks, with over 63,000 route km of optical fibre connecting cities, towns, rural regions and more than 6,000 […]
CW Bureau
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Feb 23, 2026
STARTUP/TECHNOLOGY
Indigenous Push Sees Sarvam AI Anchoring India’s Digital Ambitions
India’s ambition to emerge as a global digital power is increasingly tied to its ability to build artificial intelligence systems that are indigenous, inclusive and strategically aligned with national priorities. As AI reshapes governance, public service delivery, enterprise productivity and citizen engagement, the conversation has moved beyond adoption to ownership, particularly in foundational AI models […]
Sajan C Kumar
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Feb 22, 2026
STARTUP/TECHNOLOGY
New Delhi Declaration Charts Shared Global Vision For Trusted AI
The AI Impact Summit 2026 concluded in New Delhi with the adoption of the New Delhi Declaration on AI Impact, securing the endorsement of 88 countries and international organisations and marking one of the most significant multilateral efforts to shape the global future of artificial intelligence. Held in the national capital, the summit positioned India […]
CW Bureau
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Feb 21, 2026
