STARTUP/TECHNOLOGY Crestchem Treads Cautiously On Bengaluru Arm Due To Ongoing War

Crestchem Ltd is proceeding cautiously with its proposed expansion into a new start-up venture, citing the current turbulent global environment driven by ongoing war-related uncertainties. The company had earlier announced plans to incorporate a Bengaluru-based subsidiary, Oleo Bioscienses Pvt Ltd, with an initial capital of ₹10 lakh to strengthen its presence in the specialty chemicals […]

CW Bureau · May 2, 2026

STARTUP/TECHNOLOGY Innefu Labs Bags Key Role In Shaping India’s AI Governance Framework

Innefu Labs has announced its empanelment with the National e-Governance Division (NeGD) under the Government of India’s flagship Digital India programme. The AI-driven company provides advanced data analytics and information security solutions to national security agencies. Notably, only six agencies, including Innefu Labs, were shortlisted from over 80 applicants, marking a significant milestone in the […]

CW Bureau · May 1, 2026

STARTUP/TECHNOLOGY Tech Mahindra Bets On BFSI Depth With Avant Techno Acquisition

Tech Mahindra through its wholly owned subsidiary Tech Mahindra Consulting Group is  acquiring a majority stake in Canada-based Avant Techno Solutions, signalling a calibrated shift towards domain-led transformation in the high-value BFSI segment. At a time when global financial institutions are re-architecting core systems amid regulatory change and digital disruption, the move positions Tech Mahindra […]

CW Bureau · May 1, 2026

STARTUP/TECHNOLOGY NIT Rourkela Team Creates Durable, Lightweight Landing Gear Material

A research group at National Institute of Technology Rourkela (NIT Rourkela) has created a lightweight material that can be used in developing aircraft landing gear with high durability. Aircraft landing gear must possess durability to endure wear and tear during landing and taxiing. Existing material limitationsTypically made of aluminium and aluminium alloys, aircraft landing gear […]

CW Bureau · Apr 30, 2026

STARTUP/TECHNOLOGY Deep-Tech Startup Ctruh Raises $2.5 Mn In Seed Round To Scale Up R&D

Ctruh, the deep-tech startup building the infrastructure layer for the spatial internet, has raised $2.5 million in a seed funding round led by Inflection Point Ventures (IPV). Investor participationThe round also saw participation from Avinya Ventures, India Accelerator, Founder’s Avenue, Anthill Ventures, and LVX, alongside angel investors Vivek Sinha (Founder & CEO, Emversity; Ex-COO, Unacademy) […]

CW Bureau · Apr 30, 2026

STARTUP/TECHNOLOGY Mphasis Q4 PAT Rises 14% To ₹510 Cr; Revenue Up 14% To ₹4,247 Cr

Global AI-led, platform-driven technology solutions provider Mphasis Ltd reported a 14% increase in consolidated net profit at ₹510 crore for the March quarter compared with the year-ago period, driven by growth in BFS and insurance segments and ramp-up of large deals. Revenue grew 14% to ₹4,247 crore, with banking and financial services contributing ₹2,303 crore, […]

CW Bureau · Apr 30, 2026

STARTUP/TECHNOLOGY Govt Waives IP Registration Fees For Sports Sector For Three Years : Goyal

The Centre has announced a three-year waiver on all intellectual property (IP) registration fees related to the sports sector, covering trademarks, copyrights, patents, designs, traditional knowledge and geographical indications. The decision, effective immediately, is aimed at promoting innovation across the sports ecosystem and encouraging wider participation in IP creation and protection. Support measures and implementation […]

CW Bureau · Apr 29, 2026

STARTUP/TECHNOLOGY Jitendra Singh Lays Foundation For ₹75 Cr IIA Facility In Bengaluru

Union Minister of State (Independent Charge) for Science & Technology Jitendra Singh laid the foundation stone for a ₹75 crore new building at the Indian Institute of Astrophysics (IIA) in Bengaluru, aimed at strengthening India’s capabilities in advanced astronomy research and space science instrumentation. The proposed facility, to be developed as a key scientific hub, […]

CW Bureau · Apr 29, 2026

STARTUP/TECHNOLOGY Google Breaks Ground On Mega AI Hub In Vizag; Bets On $15-Bn Plan

American tech giant Google has broken ground on its landmark AI hub in Visakhapatnam, marking the start of construction on what will be its largest investment in India to date. The move reinforces the company’s long-term commitment to powering India’s digital growth while supporting economic and environmental resilience. A $15 billion push towards Viksit Bharat […]

CW Bureau · Apr 28, 2026

STARTUP/TECHNOLOGY Snabbit Raises $56 Mn In Series D To Double Down On Hyperlocal Playbook

Quick home services platform Snabbit has raised $56 million in a Series D round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments and Bertelsmann India Investments. The round, which also saw participation from Nexus Venture Partners, Lightspeed and FJ Labs, comes just six months after its Series C, taking the company’s total funding to […]

CW Bureau · Apr 28, 2026

STARTUP/TECHNOLOGY NIT Rourkela Secures Patent For Fast, Accurate Spice Adulteration Analysis

National Institute of Technology Rourkela (NIT Rourkela) has secured a patent for a breakthrough system capable of rapidly detecting and quantifying adulteration in spices and other food products, marking a significant step forward in food safety technology. Developed by researchers at the institute, the system combines Fourier Transform Infrared (FTIR) spectroscopy with advanced machine learning […]

CW Bureau · Apr 27, 2026

STARTUP/TECHNOLOGY IITM Incubates 112 Startups In FY26, Sustains Deep-Tech Momentum

Indian Institute of Technology Madras (IIT Madras) has achieved a major milestone in deep-tech entrepreneurship, incubating over 100 startups for the second consecutive year under its ‘Startup Shatam’ mission. Through its nodal incubator, IIT Madras Incubation Cell (IITMIC), the institute supported 112 startups in FY26, building on last year’s landmark achievement. At the same time, […]

CW Bureau · Apr 27, 2026