Agrizy raises $9.8 million from Accion, Omnivore

Agri-processing platform Agrizy introduced Monday that it has raised $9.8 million (₹82 crores) in Sequence A funding. The spherical was co-led by Accion and Omnivore, with participation from Capria Ventures, Thai Wah Ventures, and current investor Ankur Capital. India’s $400 billion agri-processing market, although rising 9 per cent yearly, faces a bottleneck as solely 10 … Read more

Infosys’ Q1 web revenue surges 7.1% to ₹6,368 crore

India’s No.2 IT providers agency, Infosys, beat quarterly income estimates on Thursday, helped by a restoration in demand from shoppers in its monetary providers and manufacturing verticals. Consolidated income within the first quarter rose 3.6% to ₹39,315 crore ($4.70 billion), beating analysts’ common estimate of ₹38,915 crore, as per LSEG knowledge. The corporate additionally raised … Read more

Mphasis indicators collab settlement with AWS to launch Gen AI foundry 

Mphasis, IT options supplier, has introduced a multi-year international strategic collaboration settlement (SCA) with Amazon Internet Providers (AWS). With this collaboration, Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a devoted enterprise unit specializing in synthetic intelligence (AI) options, AI use case assessments, consulting, and enterprise transformation. Additionally learn:Mphasis indicators multi-year settlement with AWS … Read more

Stellar returns: Blackstone to speculate $17 billion extra in India

“I wish to do extra,” stated Jonathan Grey, President and Chief Working Officer of Blackstone Inc, which is planning recent non-public fairness investments of $17 billion in India. Grey was speaking to the media in Mumbai about Blackstone’s investments and publicity in India, which geographically has given the very best returns in non-public fairness for … Read more

ICICI Securities leases 1.9 lakh sq. toes area for ₹92.2 lakh/month

ICICI Securities has taken on lease round 1.9 lakh sq. toes of area in Mindspace Juinagar at a month-to-month hire of ₹92.2 lakh, registration paperwork confirmed. The tenure of the lease is 144 months, ranging from January 1, 2024 and the efficient month-to-month rental fee works out to ₹49 per sq. toes. The hire escalates … Read more