Category Archives: Technology

IIT Roorkee Signs Strategic MoU with AccelESG to Strengthen Innovation, Start-ups and Global Technology Collaboration

IIT Roorkee, Roorkee, Uttarakhand, India, Jan 22: Reinforcing its commitment to innovation-driven growth and global collaboration, the Indian Institute of Technology Roorkee has entered into a strategic Memorandum of Understanding (MoU) with AccelESG India Private Limited, a leading platform focused on accelerating technology commercialization, start-ups, and industry-academia partnerships.

The MoU aims to foster collaborative engagement in areas such as deep-tech innovation, start-up mentoring, technology transfer, capacity building, and market-oriented research. Facilitated under the guidance of Prof. Abhyanand Singh Maurya, IIT Roorkee, the partnership will enable IIT Roorkee and AccelESG India Private Limited to support early-stage ventures, facilitate industry-linked research outcomes, and strengthen pathways for translating academic innovation into scalable solutions with societal and economic impact.

The collaboration aligns closely with national initiatives such as Atmanirbhar Bharat, Startup India, Make in India, and Digital India, while also contributing to global priorities around sustainable innovation, entrepreneurship, and knowledge-based economic development.

Speaking on the occasion, Prof. K. K. Pant, Director, IIT Roorkee, said,

“This partnership with AccelESG reflects IIT Roorkee’s strategic focus on transforming cutting-edge research into real-world impact. By strengthening industry and start-up linkages, we aim to create an ecosystem where innovation seamlessly transitions from laboratories to society, contributing to national development and global technological progress.”

Mr. Sanjay Commera, Chief Executive Officer, AccelESG India Private Limited, said,

“The signing of this MoU with IIT Roorkee marks an important milestone in our mission to build strong, outcome-driven innovation ecosystems. Partnering with a premier academic institution enables us to accelerate the translation of research-led ideas into scalable technologies and startups. This collaboration will foster meaningful engagement between academia, industry, and entrepreneurs, aligned with India’s national priorities and the global innovation landscape.”

Under the agreement, joint activities may include start-up acceleration programs, innovation challenges, mentorship initiatives, collaborative research projects, and knowledge-exchange platforms. The partnership is also expected to provide IIT Roorkee students, researchers, and start-ups access to wider industry networks, global best practices, and commercialization support.

This strategic association further strengthens IIT Roorkee’s role as a leading institution driving innovation-led growth, supporting India’s transition towards a knowledge-based and globally integrated economy, and addressing complex societal challenges through technology and entrepreneurship.

ASUS Records Strongest Growth Momentum in South India, Posts 25 Percent YoY Growth in 2025 and 40% Cumulative Growth

Bangalore, India, Jan 22: ASUS, the Taiwanese tech giant, today announced robust performance in South India, achieving sustained growth over the last three years and reinforcing its position as one of the fastest-growing PC brands in the region. Between 2023 and 2025, ASUS recorded ~40% cumulative growth, maintaining a strong upward trajectory despite a challenging and volatile market environment.

In 2025 alone, ASUS delivered 25% year-on-year growth across South India, significantly outperforming the broader PC market. According to GfK, even as the overall market declined post-pandemic, ASUS strengthened its market share, reflecting strong brand pull, channel execution, and category leadership.

“Each region in India requires a tailored go-to-market strategy, but our vision remains unified: to make state-of-the-art technology accessible to more consumers. From AI PCs to premium gaming and consumer notebooks, our focused efforts have driven consistent growth in southern India, even in a volatile market. As we move into 2026, our priority will be scaling further, with a sharper focus on AI PCs and the premium segment,” said Arnold Su, Vice President, Consumer & Gaming PC, System Business Group, ASUS India.

Among southern states, Tamil Nadu led the growth, contributing 35% of the region’s expansion, driven by strong offline presence and exclusive store performance. Kerala followed with 25% YoY growth, supported by festive demand and channel execution, while Andhra Pradesh and Karnataka delivered steady gains of 23% and 8% YoY, respectively.

From a category perspective, consumer notebooks (NB) remained the primary growth driver, contributing 57% of total volumes, followed by gaming PCs (NR) at 40%. Gaming notebooks, in particular, performed strongly in Tamil Nadu and Kerala, reinforcing ASUS’ leadership in high-performance and enthusiast segments.

The quarter’s performance was further boosted by robust festive demand and ASUS’ extensive retail network, which helped capture higher share across regional markets. Recognizing the importance of experiential retail in India, ASUS also launched the ROG Labs gaming-first premium experience format in Bengaluru, enhancing brand engagement with consumers.

Despite a declining overall market, ASUS’ consistent outperformance demonstrates its ability to grow faster than the industry and strengthen market share, solidifying its position as one of South India’s fastest-growing PC brands.

Perfios Achieves ISO/IEC 42001:2023 Certification for Artificial Intelligence Management System

Bengaluru, Jan 21: Perfios.ai, India’s leading B2B SaaS TechFin, today announced that it has been certified with ISO/IEC 42001:2023 – world’s first Artificial Intelligence Management System (AIMS) standard. Perfios is among the few BFSI-technology companies globally to attain this internationally recognized standard for its responsible AI-based solutions.

ISO/IEC 42001:2023 certification is an internationally recognized standard for Artificial Intelligence Management Systems (AIMS) and is awarded following a rigorous independent external audit. The certification validates Perfios’ governance across the entire AI lifecycle including risk management, transparency, human oversight, and continuous monitoring.

Perfios has deeply embedded AI capabilities into its platforms to handle:

• Intelligent Digitization: Automated processing of KYC, financial, and healthcare records.
• Advanced Security: Deepfake and liveness detection for Video KYC and fraud prevention.
• Risk Intelligence: Real-time shell-entity detection and behavioural risk analysis.
• Decision Automation: AI-driven underwriting and complex financial decisioning support.

“Achieving ISO/IEC 42001:2023 reinforces our commitment to delivering AI that is not only innovative and scalable but also explainable, secure, and compliant with global ethical standards,” said Mohit Srivastava, CISO, Perfios. “This reflects our dedication to embedding responsible AI practices across the entire lifecycle of our tech-led solutions. This certification provides customers, partners, and regulators with the assurance that Perfios’ AI-driven products meet the most stringent international requirements for safety and transparency.”

Globally, regulators are placing increased emphasis on AI ethics and accountability within the financial services industry. Perfios, already compliant with ISO 27001, ISO 27701, CSA STAR Level 2, and SOC 2 Type II standards, continues to stay ahead of evolving regulatory expectations.

Each year Perfios successfully undergoes 450+ audits and due diligence reviews. The ISO/IEC 42001:2023 certification further strengthens Perfios’ position as a global leader in responsible AI governance in the BFSI sector and reinforces its strategic focus on delivering the highest levels of assurance, trust, and transparency to customers.

Visionet Achieves Microsoft Azure Expert Managed Services Provider (AEMSP) Status

New Delhi, India, Jan 21: Visionet announced today that it has successfully completed Microsoft’s Azure Expert Managed Services Provider (AEMSP) audit, earning elite status within Microsoft’s global partner ecosystem. Fewer than 150 partners worldwide currently hold this designation, out of more than 400,000 Microsoft partners.

The AEMSP designation recognizes partners that demonstrate advanced delivery maturity, operational excellence, and a sustained commitment to helping customers transform, manage, and optimize Microsoft cloud solutions at scale. Achieving this status validates Visionet’s long-term investment in Microsoft technologies and its capability to support complex, enterprise-grade cloud transformation initiatives.

With AEMSP status, enterprises benefit from deeper alignment with Microsoft’s Azure engineering teams, priority escalation paths, faster issue resolution, and enhanced support for mission-critical workloads.

Kamran Ozair, CEO of Visionet, said:

“Earning AEMSP status is a significant milestone for Visionet. It reflects the depth of our Microsoft expertise, the rigor of our delivery practices, and our focus on helping enterprises achieve real business outcomes. This recognition positions us to scale our impact and support customers as they modernize operations and adopt AI responsibly.”

Visionet serves organizations across regulated and high-complexity industries, providing cloud, data, AI, and customer experience solutions built on Microsoft technologies. The AEMSP designation strengthens Visionet’s ability to deliver secure, governed, and scalable cloud services aligned with business priorities.

Kunya Baramy, Business Head, Cloud & AI, Visionet, added:

“AEMSP is not just a certification—it validates how we design, govern, and operate Azure at enterprise scale, especially as customers accelerate AI adoption. This status provides access to Microsoft-backed operating models, funding programs, and proven governance frameworks, reducing execution risk and accelerating time-to-value.”

Bijo Chacko, Global Cloud Delivery Head, Visionet, said:

“We thank our customers for trusting us with their most critical Azure environments. This recognition reflects the strength of those partnerships and our disciplined approach to running cloud operations at scale. Our focus remains on reducing risk, improving resilience, and enabling modernization with confidence.”

The AEMSP designation underscores Visionet’s role as a trusted Microsoft partner, delivering practical, human-centered solutions that drive secure, scalable, and AI-ready cloud adoption.

Team Global Express expands partnership with HCLTech to transform logistics operations with AI

 SYDNEY and NOIDA, India, Jan 21: HCLTech, a leading global technology company, has been selected by Team Global Express, the largest multimodal logistics organization in Australia and New Zealand, to accelerate digital transformation with AI-powered solutions.

HCLTech’s partnership with Team Global Express has grown rapidly. The new agreement consolidates the logistics major’s multi-vendor IT landscape into a single, strategic partnership with HCLTech as the trusted advisor to drive efficiency, innovation and data-driven decision-making.

HCLTech will be responsible for end-to-end managed IT services for Team Global Express across applications, hybrid cloud infrastructure, networks, cybersecurity, digital workplace and service management. AI Force, HCLTech’s GenAI-driven platform for service transformation, will drive automation, enhance compliance and elevate customer experience across Team Global Express’ operations.

“We are delighted to onboard HCLTech as our strategic technology partner,” said Danny Gravell, Chief Innovation Officer, Team Global Express. “Their deep domain expertise, innovative approach and commitment to operational excellence will play a vital role in modernizing our IT landscape and strengthening our ability to serve customers across Australia and New Zealand.”

“This partnership marks a significant milestone for HCLTech,” said Sonia Eland, Executive Vice President and Country Manager for Australia and New Zealand, HCLTech. “Our comprehensive suite of solutions, powered by advanced AI and automation, will enable Team Global Express to accelerate transformation, enhance customer experience and drive long-term value creation.”

The partnership reinforces HCLTech’s credentials as a trusted technology leader in enterprise transformation and digital innovation.

Findability Sciences to Host Global Sugar AI Summit 2026 in Baramati

Findability Sciences announced that the Global Sugar AI Summit 2026 will be held on February 8, 2026, in Baramati, Maharashtra. Co-hosted by Agriculture Development Trust Baramati, Pantaleon Sugar Holdings, and UPCSC (University/Platform for Collaborative Sugarcane Science), and supported by sponsors Stomata Labs and Urja Bio Systems, the Summit will convene sugar producers, agritech innovators, policymakers and practitioners to accelerate practical, outcome-driven AI adoption across the sugar value chain.

India remains one of the world’s largest sugar producers, yet key growing regions—including parts of Marathwada—continue to face challenges such as water scarcity, climate variability and operational inefficiencies. Applied artificial intelligence offers powerful solutions to these challenges by helping farmers and mill operators improve yields, optimise water and input usage, enhance irrigation planning and strengthen mill-level operations. These gains contribute directly to rural economic resilience, sustainability and improved livelihoods across sugarcane-producing districts.

“At a time when agricultural communities are navigating increasing climate uncertainty and market complexity, the Global Sugar AI Summit is focused on real-world impact,” said Anand Mahurkar, Founder & CEO, Findability Sciences. “The Summit connects advanced AI capabilities with the everyday realities of farmers and mill leaders—enabling better decision-making, higher productivity, stronger sustainability and long-term rural prosperity.”

Summit Focus Areas

The Global Sugar AI Summit 2026 will feature actionable insights and practical frameworks designed to deliver measurable value:

• Real-World AI Case Studies: Demonstrations of AI improving crop yield, water efficiency, input optimisation and mill operations

• Collaborative Roundtables: Practitioner-led discussions among farmers, mill managers, agronomists and technology partners on challenges, lessons learned and scalable best practices

• Operational Frameworks: Practical guidance on data readiness, governance, organisational change and implementation strategies to move AI beyond pilot projects

• Ecosystem Conversations: Strategic dialogues involving government bodies, industry leaders, research institutions, co-hosts and sponsors to foster coordinated innovation and adoption pathways

Advancing National Agricultural Priorities

Beyond the sugar sector, the Summit underscores AI’s broader impact on Indian agriculture—supporting water-use efficiency, climate resilience, supply chain strengthening, job creation and the adoption of next-generation agritech solutions. These outcomes align closely with national priorities to boost farm productivity, enhance sustainability and increase farmer incomes across rural India.

Co-Hosts & Sponsors

The Summit is co-hosted by Agriculture Development Trust Baramati, Pantaleon Sugar Holdings, and UPCSC, with sponsorship support from Stomata Labs and Urja Bio Systems, reflecting a strong collaborative commitment to advancing practical, AI-driven transformation in the sugar industry.

Invincible Ocean partners with Seed Group to launch AI-powered Roboi and RWA products in the Middle East

Delhi, Jan 20: Invincible Ocean, a leading Indian AI deeptech company, announced its entry into the Middle East technology market through a strategic alliance with Seed Group, an organisation owned by the Private Office of Sheikh Saeed bin Ahmed Al Maktoum. This collaboration will bring Invincible Ocean’s cutting-edge AI and blockchain portfolios, including Roboi and its RWA tokenisation platform, to regional enterprises and government initiatives.

Seed Group has established itself as a key driver of innovation and strategic partnerships in the UAE, enabling international companies to scale across the GCC. The organisation facilitates access to regional decision-makers and infrastructure, supporting market entry, strategic networking and business growth. Seed Group currently manages significant investments across technology and enterprise platforms.

Invincible Ocean’s Roboi platform integrates artificial intelligence with edge computing to deliver actionable intelligence from video feeds without the need for manual monitoring a capability already piloted in India’s oil and gas sector with promising results. Its RWA subscription platform is designed to align with emerging UAE blockchain frameworks, enabling compliant tokenisation of real-world assets and regulated digital ownership.

Ajay Setia, Founder & CEO of Invincible Ocean, said,

“We thank Seed Group for this partnership. Entering any new market requires deep regional insight. With Seed Group’s support, we can better understand local dynamics and build products that align closely with Middle Eastern requirements.”

Sagar Setia, Co-Founder & COO, added,

“This marks our first international expansion from Dubai. Over recent years, Dubai has evolved into a global adoption hub for technologies such as AI and blockchain. It’s not just about adopting technology, but adopting it at scale—and that’s where we see immense potential.”

The partnership is expected to accelerate digital transformation efforts and support the UAE’s ambition to attract next-generation technology solutions, particularly in AI-enabled analytics and asset tokenisation. By combining Invincible Ocean’s technical expertise with Seed Group’s regional reach and strategic resources, the collaboration aims to deliver high-impact solutions for enterprise and public-sector stakeholders across the Middle East.

EscrowTech India Rebrands as EscrowNXT, Marking Its Foray into AI-Focused Escrow Capabilities and Global Expansion

Chennai, Jan  20 : EscrowTech India, the country’s only pure-play software escrow services provider and the market leader, has officially rebranded as EscrowNXT to underscore its focus on next-generation software escrow solutions for AI-driven systems, enhanced capabilities, and global expansion.

EscrowNXT officially came into effect on January 1, 2026. Founded in 2005 as EscrowTech India, the company has served over 500 clients, including leading Indian and international BFSI institutions and prominent software companies. With a focus on next-generation software escrow solutions for AI-driven systems, EscrowNXT plans to incorporate automated verification and smart contract integration. As part of its international growth strategy, the company is establishing an office in Dubai to strengthen its presence in the GCC region and support regional enterprises and financial institutions.

Software escrow is a secure, tripartite arrangement between a software developer, a client or end user, and an independent escrow provider, under which the software’s source code and documentation are held safely and released only if predefined events, such as vendor insolvency or contract breaches, occur. Escrow services protect clients by ensuring business continuity when vendor support fails, while helping developers build trust and credibility without exposing their intellectual property. By acting as a neutral custodian, escrow services reduce risk and strengthen confidence for all parties in today’s fast-evolving digital landscape.

EscrowNXT pioneered the institutionalisation of software escrow services in India at a time when technology risk mitigation was largely unexplored. Over the past 20 years, it has offered a comprehensive suite of ISO 9001:2015–certified services including software escrow, technology escrow, IP archival, verification and testing, and secure vault solutions.

In his comments, Mr. Arun Mahadevan, Managing Director – EscrowNXT said,

“As the first mover in software escrow in India, EscrowNXT has played a pivotal role in mitigating enterprise risks such as vendor insolvency, technology obsolescence, and regulatory compliance, including the Reserve Bank of India’s requirements on source code access for critical applications. This milestone underscores our unmatched expertise in a market where pure-play escrow providers remain rare. Our transition to EscrowNXT reflects our evolved vision and expanded capabilities, with a sharp focus on global markets and next-generation software escrow solutions for AI-driven systems, incorporating automated verification and smart contract integration.”

Schneider Electric Advances Energy Technology at World Economic Forum Annual Meeting in Davos

Mumbai, Jan 19: Schneider Electric, the global leader in energy management and automation, has announced its participation in the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland. Led by CEO Olivier Blum, the company’s delegation will advocate for deeper cross-industry collaboration to accelerate the advancement of energy technology in an AI-driven world.

Speaking ahead of the meeting, Olivier Blum said,

“We have entered a new era where AI and energy are inseparable, and together they will reshape every business. AI requires compute, and compute requires energy—making energy intelligence more critical than ever. Across industries, customers face the same opportunity and challenge: using energy more efficiently. As an energy technology partner, Schneider Electric electrifies, automates, and digitalizes industries, businesses, and homes to drive efficiency and sustainability. We don’t just connect systems—we create ecosystems where AI, data, and people work together seamlessly. Davos provides a powerful platform to advance energy technology together.”

Throughout the Annual Meeting, Schneider Electric will unveil several key initiatives and milestones reinforcing its leadership at the intersection of AI, energy efficiency, and sustainability.

AI Applications Delivering Real-World Impact

Schneider Electric has been recognized in Cohorts 1 and 2 of MINDS (Meaningful, Intelligent, Novel, Deployable Solutions)—the Forum’s global program spotlighting high-impact AI solutions delivering tangible outcomes. At the WEF Annual Meeting on January 20, 2026, Olivier Blum will accept the MINDS trophy for EcoStruxure™ Microgrid Advisor and Snaplogic Touchscreen Room Controller, underscoring the company’s leadership in deployable AI innovation.

Ninth Global Lighthouse Recognition

Schneider Electric’s Wuhan factory has been inducted into the Forum’s Global Lighthouse Network, marking the company’s ninth Lighthouse recognition. Notably, the site is among only three factories worldwide to receive the newly introduced talent distinction, recognizing its people-centric, future-ready workforce model that bridges skills gaps and strengthens manufacturing resilience.

Convening Global Energy Leaders

Frédéric Godemel, Executive Vice President of Energy Management at Schneider Electric, will convene senior leaders across industries on behalf of the Bloomberg New Economy Energy Technology Coalition. This meeting marks the Coalition’s first major convening, aimed at accelerating the adoption of technologies that enhance energy efficiency, resilience, and responsiveness amid rapidly rising global electricity demand.

Driving Inclusive Energy Transition

Schneider Electric, in partnership with EDP, has launched EDGE Transition, a global accelerator designed to empower social entrepreneurs delivering clean, affordable energy solutions and inclusive economic opportunities in underserved communities.

The initiative supports early-stage impact ventures through mentorship, technical validation, strategic partnerships, and access to patient, risk-tolerant capital. By fostering equitable access to energy, EDGE Transition aims to accelerate global electrification and deliver meaningful, sustainable impact.

Excelsoft and ASEAMETRICS Partner with Philippines Civil Service Commission for CSC DeX

Excelsoft and ASEAMETRICS Partner with the Civil Service Commission of the Philippines to Deliver CSC Civil Service Digital Examination (CSC DeX)

Mysore, Jan 19: Excelsoft Technologies Limited(“Excelsoft Technologies”), in partnership with its Philippine partner ASEAMETRICS, will deliver the Civil Service Commission of the Philippines’ Civil Service Digital Examination (CSC DeX) beginning in 2026, supporting the Commission’s nationwide shift to secure, technology-enabled assessments.

The partnership brings together Excelsoft’s globally proven SARAS eAssessment platform and ASEAMETRICS’ deep expertise in public-sector transformation to enable a scalable, cloud-based, and high-integrity examination system for Civil Service Examinations. CSC DeX is designed to complement and progressively replace legacy testing modes, improving accessibility, reliability, and operational efficiency. According to publicly available data from the Philippines Civil Service Commission, recent civil service examinations have seen participation from over 300,000 candidates nationwide. Source

Powered by Excelsoft’s SARAS platform, the solution delivers end-to-end digital assessment capabilities, including secure test creation and delivery, AI-enabled remote and on-site proctoring, real-time monitoring, psychometric analytics, and comprehensive reporting — ensuring fairness, transparency, and examination integrity at scale.

As a direct outcome of this collaboration, ASEAMETRICS will lead the initial rollout of CSC DeX, with the first phase covering up to 50,000 tests, strengthening merit-based recruitment into the Philippine civil service while enhancing the overall candidate experience.

“This partnership reffects our commitment to enabling trusted, future-ready Civil Service Examinations through technology that is secure, inclusive, and scalable. Together with Excelsoft and the Civil Service Commission, we are helping redefine how public-sector talent is assessed in the digital age,” said Liza Manalo-Mapagu, Chief Executive Officer, ASEAMETRICS.

“We are thrilled to partner with ASEAMETRICS on their journey toward digital excellence. Excelsoft’s SARAS and easyProctor platform will empower organizations to transform assessment delivery, embrace AI, and improve outcomes for their end customers,” said Ajay Kulkarni, Head of Global Sales, Excelsoft Technologies.

Implementation is already underway, with phased deployment planned throughout 2026, marking a  major  milestone  in  digital  assessment  for  public  service  in  the  Philippines.