Cyient Semiconductors and GlobalFoundries (GF) have formed a strategic Channel Partner Agreement, enabling Cyient to resell GF’s semiconductor services and expand access to advanced manufacturing and process technologies. Cyient will provide fabrication, technical consultation, and design enablement. Leaders from both companies highlight the collaboration’s role in driving innovation across sectors like automotive, medical, HPC, and data centers, supported by a dedicated team to strengthen Cyient’s global presence.

Cognizant has launched TriZetto® AI Gateway, integrating generative AI into its healthcare platform to simplify secure, compliant adoption. Serving claims, care management, and customer service, it offers configurable governance, identity management, role-based access, telemetry, and cost transparency. Early adopters saw time savings for care managers and claims processors. Available August 2025 for TriZetto clients, it supports 200M members and 875K providers, paving the way for AI-powered workflow automation.

Infosys has opened its Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, as part of its global Living Labs. Inaugurated by ministers MB Patil and Priyank Kharge, the 1,000+ employee hub will serve sectors like manufacturing and finance. Partnering with IIIT Dharwad and KLE Technological University, it will deliver AI-driven solutions, boost North Karnataka’s innovation, and strengthen industry-academia collaboration.

Infibeam Avenues will transfer its e-commerce platform to Rediff.com for ₹800.39 crore, raising its stake in Rediff to 82.7% for strategic control and collaboration in AI, e-commerce, and payments. CEO Vishal Mehta says the deal boosts growth, focus, and agility. Infibeam will prioritise CCAvenue and Phronetic.AI, while Rediff integrates the platform into RediffOne, strengthening enterprise offerings and leveraging its marquee client base, including Government eMarketplace.

IAMAI has urged the government to temporarily exempt data fiduciaries from certain DPDP Act provisions when processing publicly available data for AI model training. It warns current restrictions could burden AI firms, especially startups, stifling innovation. The body seeks MeitY’s amendment to ease data use rules. Reliance Jio and Culver Max disagree, while Google Pay, PhonePe, Amazon Pay, and NPCI have made similar requests under Section 17(5).

During a media briefing while launching GPT-5, OpenAI CEO Sam Altman said, “India is our second-largest market in the world after the US, and it may well become our largest market.” He added, “It’s incredibly fast-growing, but what users are doing with Al, what citizens of India are doing with Al, is really quite remarkable.”

AU Small Finance Bank has made history by receiving in-principle approval from the Reserve Bank of India to become the first Small Finance Bank to transition into a Universal Bank. This milestone reflects AU’s robust business model, sound governance, and commitment to financial inclusion. Led by Founder Sanjay Agarwal, the bank’s journey embodies perseverance and purpose, preparing AU to offer a full range of banking services for a more inclusive and empowered India.

Zepto has introduced its 10-minute medicine delivery service, Zepto Pharmacy, in select areas of Mumbai, Bengaluru, Delhi NCR, and Hyderabad. CEO Aadit Palicha emphasized maintaining high operational standards. The service offers prescription and OTC medicines, expanding Zepto’s offerings and putting it in direct competition with Blinkit and Swiggy’s Instamart in the rapidly growing epharmacy market, projected to reach $12.7 billion by 2033.

CARD91 has launched an AI-powered UPI Credit Scoring Engine, a business rules engine (BRE) that converts real-time UPI data into credit scores. Built for banks, NBFCs, and fintechs, it helps underwrite thin-file customers, boosting approval rates while minimizing risk. CEO Ajay Pandey emphasized its role in responsible lending. Features include behavioral scoring, real-time analysis, automated segmentation, and bureau benchmarking. It supports credit cards, loans, BNPL, and integrates with CARD91’s fintech infrastructure.

RENÉE Cosmetics raised $30M in Series C funding at a $200M valuation, led by Playbook with secondary backing from Midas. The funds will drive product expansion, omnichannel growth in Tier I and II cities, and brand building. Co-founder Ashutosh Valani aims to double the INR 500 Cr ARR to INR 1,000 Cr in two years. RENÉE, founded by Aashka Goradia, Valani, and Priyank Shah, competes with Sugar Cosmetics and MyGlamm.

Chennai-based agritech startup MangoPoint has raised $1 million in pre-Series A funding led by Inflection Point Ventures, with support from The Chennai Angels and others. Founded by Manjula Gandhi Rooban and Prasanna Venkatarathnam, the firm exports chemical-free premium Indian mangoes to North America and Europe. The funds will help expand infrastructure, product lines, and market presence. MangoPoint currently handles 2,000 MT annually, aiming for 20,000 MT in the $60B global mango market.

US President Donald Trump has doubled tariffs on India to 50%, citing its continued purchase of Russian oil. The move adds a 25% duty to existing tariffs and was labeled “unfair, unjustified and unreasonable” by India. Trump told CNBC, “India has not been a good trading partner,” pointing to trade imbalances. The decision marks a shift in US-India trade ties, raising concerns over economic fallout.

Jeh Aerospace has raised $11M in Series A funding led by Elevation Capital, with General Catalyst participating, following a $2.75M seed round. Founded in 2022 by Vishal R. Sanghavi and Venkatesh Mudragalla, the company focuses on high-precision aerospace and defense manufacturing using software-defined technology. Operating in the US and India, Jeh employs a friend-shoring strategy to scale operations and strengthen its role in the global aerospace supply chain.

Bengaluru-based DPDZero has raised $7M in Series A funding led by GMO Venture Partners, with India Quotient, Sinarmas Group, SMBC Asia Rising Fund, and Blume Ventures participating. Founded in 2022 by Ananth Shroff and Ranjith Ramachandra, the AI-driven debt collection startup serves clients like Tata Capital and L&T Finance. With 6X revenue growth, it has recovered ₹150 Cr from 3.5M+ borrowers, targeting the $1T lending tech market by 2030.

Fraganote, a luxury perfume brand co-founded by Arjun Anand and Garima Kakkar, has raised $1M in pre-Series A funding led by Rukam Capital. The funds will support expanding its fragrance portfolio, launching new scent formats, and piloting offline retail. Known for artisanal, narrative-led perfumes with high perfume oil concentrations, Fraganote aims to build an iconic Indian perfume house amid a market projected to hit $873.3M by FY2032.

GameRamp, co-founded by Vivek Ramachandran and Sashank Vandrangi, has raised $5.4M in pre-seed funding led by BITKRAFT Ventures to scale its AI-native publishing platform for mobile games. The funds will grow engineering and AI teams in the US and India and launch Sentinel for AI-driven in-game economies and Grow for one-click financing. GameRamp’s automation aims to increase developer revenue by 40–60%.