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Newgen Software to acquire India based AI/ML data science company

Newgen Software, a leading provider of a unified digital transformation platform announced that it is acquiring India-based Number Theory, an AI/ML (artificial intelligence and machine learning) data science platform company, subject to the completion of conditions as stated…

Fractal acquires cloud and AI Microsoft Gold consulting partner for an undisclosed amount

Fractal, (fractal.ai), a global provider of artificial intelligence and advanced analytics to Fortune 500 companies announced the acquisition of Neal Analytics, a cloud, data, engineering and AI Microsoft Gold consulting partner, for an undisclosed amount.…

AI analytics startup Fractal raises US$360 mn from TPG

TPG, a leading global alternative asset firm, and Fractal (fractal.ai), a global provider of artificial intelligence and advanced analytics solutions company, announced that they have signed a definitive investment agreement. TPG is investing [US$ 360…

AI adoption in India to reach $7.8 billion: IDC

By 2025 India’s AI market is expected to grow at a five-year compound annual growth rate (CAGR) of 20.2 per cent and total revenues reaching US$7.8 billion. The businesses in India will accelerate the adoption…

TCS expands partnership with Malaysia based telecom provider Celcom Axiata Berhad

Tata Consultancy Services is expanding its partnership with Celcom Axiata Berhad (Celcom), a leading telecommunications provider in Malaysia, to transform the latter’s core business support systems (BSS) using TCS HOBS and TCS TwinX hosted on…

Infosys enters into a strategic partnership with Posten Norge for IT services

Infosys announced that it has been selected by Posten Norge as a strategic partner to digitally transform its IT Service Management function. Through this collaboration, Infosys will establish a best-in-class IT Service Desk and adapt…

How Max Life Insurance placed a Premium on Digitalisation

The COVID19 pandemic has accelerated the digital transformation journey of organisations. Most of them had to adapt to it earlier than they actually planned which eventually led to some difficulties. The pandemic forced various industries…

How India is using AI for Road Safety

In the past 3-4 years, globally there have been raging debates over the use of artificial intelligence or AI. Will AI make decisions that are beyond the scope of human intervention, will it be used…

India’s NPCI partners with Singapore-based Digital Payments company Liquid Group

NPCI International Payments Ltd (NIPL), the international arm of National Payment Corporation of India, has partnered with Liquid Group, a leading cross border digital payments provider, to enable Unified Payments Interface (UPI) QR-based payments acceptance…

BPCL launches AI chatbot

Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 Company, has launched ‘Urja’, an intelligent virtual assistant with AI/NLP (Natural Language Processing) capabilities and trained on more than 600 use cases. The objective is to…