New Delhi, May 6 (IANS) India’s global capability centres (GCCs) are rapidly emerging as the driving force behind artificial intelligence (AI) adoption for global enterprises, transitioning from back-end delivery hubs to strategic nerve centres, a new report said on Wednesday.The data compiled by Nasscom, in collaboration with Zinnov showed that the number of Global Capability Centres (GCCs) in India has grown 32 per cent since FY21, with an estimated 506 of the Forbes Global 2000 companies no…
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New Delhi, April 23 (IANS) IT industry’s apex body Nasscom on Thursday appointed Srikanth Velamakanni, Co-Founder and Group Chief Executive of Fractal, as its Chairperson.He succeeds Sindhu Gangadharan, Managing Director, SAP Labs India, who completes a distinguished term as Chairperson in April 2026.Working closely with Rajesh Nambiar, President of Nasscom, and the Executive Council, Velamakanni will steer the industry’s agenda across a set of interconnected priorities that reflect where the …
New Delhi, Feb 25 (IANS) Indian tech startups raised $9.1 billion in 2025, up 23 per cent year-on-year, with funding becoming more selective and milestone-linked, a report said on Wednesday.India’s technology startup ecosystem is moving from volume-driven expansion to execution-led maturity, as capital was concentrated in scalable, commercialisation-ready ventures, the report from Nasscom and Zinnov said.It noted that 74 per cent of deal activity was at seed and early stages, underscoring the …
New Delhi, Feb 24 (IANS) India’s technology industry is expected to reach $315 billion in revenue in FY26 — marking a 6.1 per cent growth over the previous year, a report said on Tuesday.The data compiled by Nasscom showed the past year proved to be a turning point for the sector, as artificial intelligence (AI) moved from small-scale experiments to real business use, reshaping how companies operate and deliver services.Despite global economic uncertainty and a broader reset in business spend…
Washington, Feb 10 (IANS) India and the United States took steps to deepen cooperation on technology and artificial intelligence at a high-level roundtable in Silicon Valley this past week, as officials and industry leaders focused on moving faster from strategy to execution.The closed-door event, convened by the Consulate General of India in San Francisco in collaboration with NASSCOM, brought together senior technology executives, venture capitalists, and academic experts from both countries. …
New Delhi, Feb 5 (IANS) Nasscom US CEO Forum on Thursday held its first industry engagement after the trade deal announcement between India and America and discussed a tech-led economic partnership.Convened at Capitol Hill in Washington, DC, on February 4-5, the Forum’s third meeting brought together leading Indian technology business leaders and senior US policymakers. The leaders deliberated on enhancing innovation, AI, trusted supply chains, workforce development, and local job creation acr…