BANKING & FINANCE SBI Life Deploys Datamatics’ AI-Powered Underwriting Platform TruAI

SBI Life Insurance Company Ltd has appointed Datamatics Global Services Ltd to strengthen its underwriting operations using Agentic AI-powered automation platform TruAI Underwriting. The move is aimed at improving efficiency and decision-making in complex underwriting cases that require detailed evaluation of medical histories, laboratory reports and multiple risk indicators. AI-led underwriting transformation Underwriting remains a […]

CW Bureau · May 27, 2026

STARTUP/TECHNOLOGY HCLTech, Pegasystems Join Hands For AI-Led Transformation Of Firms

HCLTech and Pegasystems Inc. have expanded their strategic collaboration to accelerate AI-powered enterprise modernisation by combining HCLTech AI Force with Pega Blueprint. The enhanced partnership aims to help enterprises transform legacy systems into agile, cloud-native and AI-powered applications built on the Pega platform, enabling greater operational efficiency, business agility and innovation. Solution for siloed legacy […]

CW Bureau · May 26, 2026

STARTUP/TECHNOLOGY Aurionpro Solutions Bags $33-Mn US Fintech Deal, Largest Win In Region

Aurionpro Solutions, a global enterprise technology leader, announced that its US-based subsidiary, Aurionpro Fintech Inc, has secured a strategic three-year engagement worth $33 million with one of the leading digital insurance payments fintech platforms in the United States. The company described the agreement as its largest order win in the US market to date. Existing […]

CW Bureau · May 21, 2026

STARTUP/TECHNOLOGY HCLTech Flags AI Reality Check As Enterprises Tackle Execution Risks

HCLTech has released its latest Enterprise AI Market Report titled The AI Impact Imperatives, 2026, warning that nearly 43% of enterprise AI initiatives could fail as organizations struggle to scale deployments while facing shrinking timelines to deliver measurable business impact. The report is based on a global survey of 467 senior executives overseeing AI investments […]

CW Bureau · May 21, 2026

STARTUP/TECHNOLOGY Hexaware Acquires UK-Based CPS To Strengthen Consulting, AI Businesses

Hexaware Technologies Ltd, a global IT services and digital solutions provider, has entered into an agreement to acquire Consulting Professionals Services Holdings Ltd along with its wholly owned subsidiary Consulting Professionals Services Ltd (CPS) for ₹140 crore to strengthen its consulting, AI and cloud transformation capabilities. The transaction is expected to close within two weeks. […]

CW Bureau · May 21, 2026

GENERAL AI, Data And Digital To Drive Aditya Birla Capital’s Growth Strategy

Aditya Birla Capital Ltd, one of India’s leading diversified financial services companies, is placing data, digital and technology at the core of its growth strategy, with Artificial Intelligence (AI) emerging as a key operating layer across businesses to drive growth, profitability and customer experience. Speaking during the earnings call, Aditya Birla Capital Ltd, Managing Director […]

CW Bureau · May 9, 2026

STARTUP/TECHNOLOGY UST Acquires Taciti Consulting To Power ERP Transformation Projects

UST, a leading AI and technology transformation solutions company, has acquired Taciti Consulting, a boutique SAP Silver Partner known for executing large-scale, complex ERP transformation projects. The move is aimed at strengthening UST’s capabilities in enterprise application modernisation and expanding its global SAP footprint. Boost in high-complexity industry segmentsThe acquisition enhances UST’s presence in sectors […]

CW Bureau · May 6, 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 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

RETAIL/FMCG Reliance Retail Eyes AI, Hyper-local Sales To Drive Next Growth Cycle

Reliance Retail Ventures Ltd (RRVL) is moving towards an AI-driven, hyper-local commerce model to drive its next phase of growth, leveraging scale, data and last-mile delivery capabilities across categories, said its Executive Director Isha M Ambani. Reliance Retail operates India’s widest hyper-local delivery network across grocery, electronics and fashion, powered by over 3,100 stores across […]

CW Bureau · Apr 26, 2026

STARTUP/TECHNOLOGY Zoho’s Sridhar Vembu Champions For Pragmatic AI Playbook For Engineers

In a candid take on the evolving role of Artificial Intelligence (AI), Sridhar Vembu, founder and chief scientist of Zoho Corporation, has urged software engineers to double down on domain expertise, arguing that coding alone will not define success in the AI era. Domain expertise takes centre stage Vembu’s message to developers is clear: programming […]

Sajan C Kumar · Apr 19, 2026

STARTUP/TECHNOLOGY LIC Unveils MyLIC And Super Sales Saathi Apps To Enhance Digital Push

Life Insurance Corporation of India (LIC) has launched its new customer application MyLIC and a dedicated mobile app for sales intermediaries, Super Sales Saathi, as part of its ongoing digital transformation strategy. With over 260 million policies and one of the deepest insurance footprints in the country, LIC said the Apps are aimed at delivering […]

CW Bureau · Apr 16, 2026