STARTUP/TECHNOLOGY Coforge Lands $230-Mn 5-Year AI Transformation Contract In Europe

  IT services company Coforge Ltd has secured a $230 million (around ₹1,980 crore) five-year contract from a major European client, marking one of its largest artificial intelligence (AI)-led transformation engagements in the region and reinforcing the growing shift by enterprises towards large-scale AI deployment. The engagement will see Coforge deploy an AI-first transformation programme […]

CW Bureau · Jul 24, 2026

STARTUP/TECHNOLOGY Infosys Q1 Profit Rises 12% To ₹7,769 Cr As AI-Powered Deals Drive Growth

IT services major Infosys kicked off FY27 on a strong note, reporting a 12.2% year-on-year increase in consolidated net profit to ₹7,769 crore for the first quarter ended June 30, 2026, driven by robust demand for artificial intelligence (AI)-led transformation services and large deal wins. The country’s second-largest IT services company posted consolidated revenue of […]

CW Bureau · Jul 23, 2026

STARTUP/TECHNOLOGY HCLTech Report Shows Only 18% Of Ventures See Revenue Gains From AI

While artificial intelligence (AI) adoption has become nearly universal among enterprises, only a small fraction are translating it into meaningful business growth, according to a new global research report released by HCLTech. The report, ‘The Blueprint for AI Leadership’, found that although 90% of organisations say Generative AI (GenAI) and Agentic AI are transforming workflows, […]

CW Bureau · Jul 21, 2026

STARTUP/TECHNOLOGY HCLTech Targets AI Leadership With Sovereign Models, Global Alliances

HCL Technologies Ltd is accelerating its artificial intelligence strategy across service delivery, proprietary platforms, sovereign AI, strategic partnerships and talent development as enterprises increasingly seek secure, AI-driven digital transformation, Chief Executive Officer and Managing Director C Vijayakumar said during the company’s Q1 FY27 earnings call. The company said its AI roadmap is built around five […]

CW Bureau · Jul 16, 2026

STARTUP/TECHNOLOGY HCLTech To Invest ₹3,500 Cr In AI DCs, Tap Into Full-Stack AI Market

HCLTech has announced its entry into the full-stack artificial intelligence (AI) market with a strategic investment of up to ₹3,500 crore to establish AI data centres in India, marking a significant expansion of its AI infrastructure and services portfolio. The company said the investment is aimed at addressing the growing demand for AI-led services and […]

CW Bureau · Jul 13, 2026

STARTUP/TECHNOLOGY Bahwan CyberTek Appoints Amrinder Singh As MD & CEO To Boost AI Shift

Bahwan CyberTek (BCT), a global digital transformation and AI-driven technology solutions company, has appointed Amrinder Singh as its Managing Director and Chief Executive Officer to spearhead the company’s next phase of global growth and AI-led transformation. The appointment comes at a time when enterprises worldwide are shifting from labour-intensive delivery models to autonomous, AI- and […]

CW Bureau · Jul 7, 2026

STARTUP/TECHNOLOGY Persistent-Nagarro Combo To Create Global Digital Engineering Champion

The proposed combination of Persistent and Nagarro is set to create the world’s second-largest digital engineering company by revenue and India’s seventh-largest technology services company, with an annualised revenue run rate of more than $2.9 billion. According to Persistent, the combined entity will have a strong transatlantic presence, generating more than $1.7 billion in revenue […]

CW Bureau · Jun 29, 2026

STARTUP/TECHNOLOGY Wipro Sees AI Scaling Tech Spending, Establishes AI Native Business Unit

IT services major Wipro believes artificial intelligence (AI) is creating new growth opportunities for the technology services industry rather than disrupting traditional business models, Chairman Rishad Premji said in his message to shareholders in the company’s FY26 annual report. Premji said Wipro continued to invest in AI capabilities, platforms and talent during FY26 while maintaining […]

CW Bureau · Jun 23, 2026

STARTUP/TECHNOLOGY ContraVault AI Raises $3.1 Mn From Chiratae Ventures And Titan Capital

ContraVault AI, a procurement intelligence platform that helps infrastructure companies make faster and smarter bidding decisions, has raised $3.1 million in a Pre-Series A funding round led by Chiratae Ventures, with participation from existing investor Titan Capital. The company said the fresh capital will be used to accelerate product innovation, enhance its artificial intelligence capabilities […]

CW Bureau · Jun 16, 2026

STARTUP/TECHNOLOGY Wipro Opens AI Centre of Excellence To Power Anthropic’s Claude Models

Wipro, a leading AI-powered technology services and consulting company, has launched an Applied AI Centre of Excellence (CoE) for Claude models powered by Anthropic, strengthening its capabilities to help enterprises accelerate AI adoption at scale. The CoE was inaugurated at Wipro’s innovation hub in Bengaluru and forms a key part of the company’s newly established […]

CW Bureau · Jun 16, 2026

STARTUP/TECHNOLOGY Legacy Infrastructure Emerging As Biggest Roadblock To AI Success

Artificial intelligence (AI) may have become a boardroom priority across global enterprises, but outdated technology infrastructure is emerging as the biggest obstacle to turning AI investments into scalable business outcomes. A new report by Tata Communications and Bloomberg Media Studios suggests that while enterprises are aggressively pursuing AI strategies, many remain constrained by legacy systems, […]

CW Bureau · Jun 4, 2026

STARTUP/TECHNOLOGY Cognizant Launches New Ace Team To Build AI-Ready Engineering Pool

IT services major Cognizant has unveiled the Cognizant Ace Team programme, a strategic initiative aimed at creating a high-calibre engineering talent pool that will spearhead digital transformation projects and accelerate the company’s transition into an AI builder organisation. The India-first programme combines selective hiring, an elite talent development pathway and a centrally governed engineering community […]

CW Bureau · Jun 3, 2026