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AI jobs in India set to surge 15 to 20 percent says Ashwini Vaishnaw

AI jobs in India set to surge 15 to 20 percent says Ashwini Vaishnaw

India’s IT hiring is set for a sharp boost as AI job openings are projected to grow by about 15 to 20 percent, according to Ashwini Vaishnaw. The momentum is being supported by major data center investments, aided by attractive tax benefits, while new subsea cable projects expand digital connectivity—strengthening the infrastructure behind the AI boom.

Summarised by Beize from a story on The Economic Times on 11 May 2026
India’s Tech Hubs Hit $98.4B as GCCs Surge Past 2030 Forecast

India’s Tech Hubs Hit $98.4B as GCCs Surge Past 2030 Forecast

India’s offshore tech centers, or GCCs, generated $98.4 billion in FY26 revenue, nearly four years ahead of the $99–105 billion 2030 projection. The ecosystem now includes 2,117 GCCs and 2.36 million employees, up 32% since FY21, fueled by AI-first mandates and strategic relocation as visa and geopolitical pressures rise.

Summarised by Beize from a story on IndianWeb2 on 6 May 2026

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Capillary Tech Q4 profit jumps 233 percent as Kognitiv integration boosts enterprise wins

Capillary Tech Q4 profit jumps 233 percent as Kognitiv integration boosts enterprise wins

Capillary Technologies reported a strong March quarter, with operating revenue rising 26% and profit after tax surging 233%. The company credited growth to expanding its customer base, winning new contracts, and integrating its recent Kognitiv acquisition. It also pointed to a strategic partnership with a US retailer and continued expansion of global operations.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Calligo seeks 12 to 15 million to scale its indigenous RISC V chip push

Calligo seeks 12 to 15 million to scale its indigenous RISC V chip push

Bengaluru startup Calligo Technologies is in talks to raise $12–15 million, with US-based BIG Capital expected to lead. The funding would support commercial scaling of its silicon chips and a push into global markets. Built around energy-efficient computing for AI and supercomputing, the deal highlights rising investor appetite for India’s semiconductor ecosystem.

Summarised by Beize from a story on The Economic Times on 1 May 2026
Glade Brook in talks to back Sarvam AI at 1.5 billion valuation

Glade Brook in talks to back Sarvam AI at 1.5 billion valuation

US-based Glade Brook Capital is reportedly in discussions to invest $20–25 million in Sarvam AI’s $320–350 million funding round. The round values the startup at about $1.5 billion. Strategic backers such as Nvidia, Amazon, and HCLTech are also expected to participate alongside venture capital firms, signaling growing international interest in India’s AI boom.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI is flipping India’s IT giants playbook as VC backed rivals turn services into software

AI is flipping India’s IT giants playbook as VC backed rivals turn services into software

AI is reshaping India’s technology landscape, eroding one of IT services’ biggest advantages: scalability over startups. New VC-backed firms are moving beyond “custom coding” to AI-heavy products that package services as software, squeezing margins and forcing incumbents to adapt their offerings, delivery models, and competitive strategy.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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