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Hexaware Technologies has been named an Anthropic authorised reseller for Amazon Bedrock, allowing the IT services company to sell, integrate and support Claude AI models for enterprise customers worldwide. The agreement gives Hexaware’s clients direct access to Claude models, along with implementation, customisation and managed services. The designation places Hexaware among a select group of com

ISN Team · 30 Jun 2026

Social Worth Technologies Ltd, the parent of digital lending platform Fibe, has filed draft papers with the SEBI for an IPO comprising a fresh issue of shares worth up to Rs 750 crore and an offer for sale of up to 40,071,200 equity shares by existing shareholders. The offer for sale will see participation from investors including The Rise Fund III SF, Norwest Capital, Eight Roads Ventures India

Sumit Vishwakarma · 30 Jun 2026

India’s UPI has gone live in Greece, allowing eligible customers to send money to India instantly, securely and at lower costs than conventional transfer channels. The service is being offered through a partnership between Eurobank and NPCI International Payments Ltd, the overseas arm of the National Payments Corporation of India. Eurobank said the service enables cross-border remittances from

ISN Team · 30 Jun 2026

India’s second semiconductor mission has moved a step closer to Cabinet consideration after a Finance Ministry panel cleared a proposed outlay of Rs 1.25 lakh crore, according to a CNBCTV-18 report. The Expenditure Finance Committee is understood to have approved the proposal last week. It will now have to be considered by the Union Cabinet before the expanded scheme can be formally cleared. The n

ISN Team · 30 Jun 2026

Bengaluru-based credit management platform CheQ has elevated Bipin Toro and Vished Banger as co-founders, recognising their role in building and scaling the company since 2022. The announcement comes as CheQ closes FY26 with full-year profitability and annual recurring revenue of more than $40 million. Toro, who has led engineering at CheQ, has been named Co-founder and Chief Technology Officer. H

Sumit Vishwakarma · 30 Jun 2026

Private equity firm Ananta Capital has acquired a majority stake in Phitku, an Indian personal care brand focused on body odour management. The companies did not disclose the financial terms of the acquisition. The deal was structured through a combination of primary capital infusion and secondary share purchase, giving Phitku fresh growth capital while allowing partial liquidity for its founders.

Sumit Vishwakarma · 1 Jul 2026

Netradyne, an AI-powered fleet safety and performance technology company with a presence in Bengaluru, has announced a strategic partnership with Geosecure, an Australian fleet technology specialist headquartered on the Sunshine Coast. The partnership will bring Netradyne's AI-driven driver monitoring platform to Australian fleets through Geosecure's existing client network and local market expert

Sumit Vishwakarma · 1 Jul 2026

C.E. Info Systems, the company behind MapmyIndia, has appointed Rohan Verma as joint managing director for a five-year term from 1 July 2026, subject to shareholder approval. The Indian digital mapping and location technology company said Verma will focus on advancing its AI-led products and platforms across geospatial technology, the Internet of Things and other deep-tech areas. Rakesh Verma, cha

Sumit Vishwakarma · 1 Jul 2026

Dream Sports is closing Dream Money, its financial services platform, about 14 months after its official launch in May 2025. A notice dated 30 June 2026 on the Dream Money website said the platform was discontinuing business operations with immediate effect, including digital gold, mutual fund distribution, fixed deposits and lending services. The Dream Money app will remain accessible until 30 Ju

ISN Team · 1 Jul 2026

Indian govt has asked Meta to pause the rollout of WhatsApp’s planned username feature in the country, citing concerns that it could increase impersonation, phishing and online fraud. The Ministry of Electronics and Information Technology (MeitY) issued a notice asking Meta to provide a detailed explanation of the feature within three days. The ministry has also directed the company not to roll it

ISN Team · 2 Jul 2026

Sparrow Capital has closed its third fund at Rs 475 crore, giving the Bengaluru-based venture capital firm more capital to make larger seed-stage investments. The early-stage, sector-agnostic firm plans to back 25 to 30 startups over the next three years, with initial cheques of $1 million to $2 million. It has already made five investments from the new fund. About 60% of the corpus came from glob

Sumit Vishwakarma · 2 Jul 2026

Crib, a property management platform for co-living spaces, hostels and paying guest accommodation, has acquired rent financing company CirclePe. The acquisition will allow Crib to offer zero-deposit renting through its platform. Tenants will be able to move into properties without paying a large security deposit upfront, while operators will receive rent and deposit-linked financing in advance. Ci

ISN Team · 2 Jul 2026