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
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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
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Jul 13, 2026
STARTUP/TECHNOLOGY
HCLTech Strengthens Energy Sector Footprint With Neste Partnership
HCLTech has been selected as a strategic partner by Neste, the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel, as part of the energy company’s ongoing business transformation and performance improvement programme. The partnership forms a key component of Neste’s company-wide initiative aimed at making its operations stronger, sharpening its strategic focus […]
CW Bureau
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Jun 24, 2026
STARTUP/TECHNOLOGY
Sarvam Raises $234 Mn In Series B Round, Led By HCLTech Of ₹1,427 Cr
Sarvam AI (Axonwise Pvt Ltd), India’s full-stack sovereign artificial intelligence (AI) company, has raised $234 million in the first close of its $300 million Series B funding round at a post-money valuation of $1.5 billion. The funding round saw participation from HCLTech and Bessemer Venture Partners, with continued backing from existing investors Khosla Ventures and […]
CW Bureau
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Jun 15, 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
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May 26, 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
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May 21, 2026
STARTUP/TECHNOLOGY
HCLTech Revenue Rises 3.9% CC In FY26 Led By Demand For Advanced AI
Deal wins at $9.3 billion; FY27 guidance at 1–4% amid uncertain demand HCLTech, a global technology company, reported a 3.9% growth in revenue for FY26 in constant currency (CC), reflecting resilience amid a challenging demand environment. Revenue in dollar terms rose 6% to $14.7 billion, while services revenue grew 4.8%, led by IT and Business […]
CW Bureau
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Apr 22, 2026