GVFL Invests ₹30M in Edgeverse to Advance Edge AI Perception Tech for India’s Two‑Wheeler Mobility

Founders of Edgeverse India Pvt. Ltd

Deep-tech startup to strengthen its AI-powered perception stack for two-wheelers and expand across mobility, industrial automation and defence

GVFL has invested ₹30 million in Edgeverse India Pvt. Ltd., a deep-tech startup developing edge AI-based perception technology for mobility and other real-world applications.

The investment will support Edgeverse's next phase of growth, including the development of India-specific road intelligence, camera and radar technology, and the commercialisation of its AI-powered perception solutions.

Founded in 2023 by Arindam Ghosh, Subrata Debnath and Navaneeth A, Edgeverse is building a hardware-agnostic perception stack that combines edge AI with sensors such as cameras and radar. The technology is designed to help original equipment manufacturers (OEMs) and Tier-I suppliers deploy advanced safety and perception capabilities across vehicles.

Edgeverse's flagship offering, Perceiva ARAS, is an Advanced Rider Assistance System software stack designed for camera- and radar-based applications. The company is also developing an integrated ARAS solution comprising processor hardware, sensors and proprietary perception software.

India being the world's largest two-wheeler market and a leading producer presents a significant opportunity for advanced safety and rider-assistance technologies that can be deployed without substantially increasing the cost, size or power consumption of vehicles. With an estimated 375–400 million two-wheelers already on Indian roads, the market offers considerable scope for companies developing technologies tailored to local traffic and road conditions.

According to SIAM, India recorded 21.7 million domestic two-wheeler sales in FY2025-26, the highest ever for the segment and a 10.7% increase over the previous year. The country also recorded 5.18 million two-wheeler exports during the year, underlining its position as both a major consumption market and a global manufacturing and export hub.

Perceiva ARAS app on motorcycle digital cluster, Edgeverse India Pvt. Ltd

ARAS Collision Zones-1, Edgeverse India Pvt. Ltd

“Edgeverse is building a differentiated technology platform at the intersection of edge AI, perception and mobility safety. Its capabilities across both software and hardware, combined with a focus on solving for Indian road conditions, present an interesting opportunity in the evolving mobility technology ecosystem,” said Mihir Joshi, Managing Director, GVFL.

Edgeverse has previously received ₹18.5 million in seed funding from ARTPARK and was selected as one of the winners of the NASSCOM Mobility Innovation Challenge 2025. With the latest investment, Edgeverse is focused on translating its technology development and early industry engagements into scalable commercial deployments. The company aims to emerge as a trusted perception technology partner for OEMs and are in advance talks with the large global tier-I suppliers building India-focused camera, radar and edge AI solutions for the next generation of intelligent mobility.

“With GVFL's support, we are looking to accelerate product development and move towards wider commercial deployment,” said Arindam Ghosh, Co-Founder & CEO, Edgeverse. “Our vision is to make life-saving edge intelligence accessible and build technology in India that can compete globally.”

Edgeverse began with the objective of making two-wheelers safer through real-time sensing and intelligent alerts. The company has since developed its own processor board and camera module and conducted on-road testing for front- and rear-collision detection.

The startup has demonstrated its technology to potential customers, including Ather, and is engaging with players across the mobility and technology ecosystem such as Cavli and Qualcomm, as it works towards wider adoption of its perception stack. The company has also developed Perceiva DMS, a camera-based Driver Monitoring System for commercial vehicles, along with a radar perception stack.

Over the next six to twelve months, Edgeverse plans to build an Indian road dataset covering 100,000 kilometres, develop a 2MP camera and a 77 GHz radar module, and secure multiple commercial agreements for its ARAS and DMS solutions.

The company will also strengthen its team and explore applications across industrial automation and defence.

Wipro and Google Cloud Expand Partnership to Scale AI into Core Enterprise Operations

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced the expansion of its partnership with Google Cloud to accelerate the enterprise-wide adoption of Gemini Enterprise and agentic AI. Additionally, Wipro is scaling the internal deployment of Gemini Enterprise and will empower over 10,000 AI-certified specialists, including 1,500 Forward Deployed Engineers (FDEs), with advanced AI capabilities to enhance productivity, streamline operations, and accelerate decision-making.

As part of this partnership, Wipro has launched the LIFT (Launch-Ignite-Flywheel-Transform) framework to help enterprises accelerate AI transformation and operationalize agentic AI at scale. Powered by Wipro Intelligence™, the unified suite of AI platforms, solutions, and transformative offerings, the LIFT framework integrates Gemini Enterprise with Wipro’s AI-powered delivery platforms, WINGS and WEGA. This unified ecosystem enables organizations to seamlessly transition from basic task-automation to embedding secure, autonomous AI agents directly into their core, multi-step business workflows.

“AI is foundational to how Wipro is shaping its future, driving innovation, transforming operations, and delivering differentiated value for our clients,” said Kanwar Singh, Managing Partner and Global Head of Technology Services, Wipro Limited. “By strengthening Wipro Intelligence™ with Gemini Enterprise, we are embedding intelligence into everyday core operations, helping clients scale outcomes, adapt faster, and compete more effectively in a dynamic environment.”

To accelerate value creation, Wipro is building a dedicated team of more than 1,500 certified FDEs, combining Google Cloud’s expertise with Wipro’s consulting and engineering capabilities to seamlessly scale AI adoption from pilot to enterprise-wide deployment.

“Our partnership with Wipro continues to drive real-world value for enterprise customers looking to scale AI across their organizations. The strong demand for Gemini Enterprise indicates the value it is adding for customers today,” said Kevin Ichhpurani, President, Global Partner Ecosystem, Google Cloud. “By embedding Gemini Enterprise into their own operations and their customer-facing platforms, Wipro is demonstrating how AI transformation drives tangible efficiency. Together, we are helping joint customers bridge the gap between AI potential and business performance using Google Cloud’s agentic AI capabilities.”

Drawing on its AI transformation experience through the ‘Operate Better with AI’ strategy and ‘Client Zero’ approach, Wipro has deployed Gemini Enterprise as its central agentic orchestration platform. Gemini’s advanced reasoning and long-context capabilities have enabled Wipro to build autonomous AI agents that streamline critical workflows across compliance, HR, and sales intelligence, transforming AI from basic task automation into an enterprise-wide decision intelligence layer.

Furthermore, Wipro has integrated Antigravity Command Line Interface into its software engineering ecosystem, enabling agentic workflows that assist developers with planning, coding, testing, and application modernization. This transition has delivered highly quantifiable outcomes for development lifecycles, including productivity improvements for custom application development and significant reductions in post-production defects.

Vedanta Deploys India’s First High‑Speed Portable Rig to Unlock Gold and Critical Minerals

India's First Portable Rig for Gold  Critical Mineral Exploration_Vedanta Employee at Site in Chhattisgarh

• Built for inaccessible and tough terrains, it is the first high-speed hydrostatic portable rig in India that can carry out high-speed drilling up to 1,000 metres. 
• Vedanta holds the largest number of critical mineral blocks; poised to back India's bid to cut import dependence as global demand is expected to triple by 2030

Vedanta Limited (NSE: VEDL; BSE: 500295), a leading global producer of metals, critical minerals and technology, that powers the industries of today and is incubating the industries of tomorrow, has reinforced its commitment to technology-led innovation by commissioning India's first-ever high-tech, high-speed hydrostatic portable rig equipped with advanced safety features. The rigs have been deployed at two of Vedanta's flagship exploration projects in Chhattisgarh dedicated to gold and exploration of critical minerals such as nickel, chromium and platinum group elements.

Critical mineral exploration demands exceptional technical expertise and deep-shaft mining capabilities, a high-barrier domain where Vedanta stands out among a select few national and global players. As the energy transition accelerates, Vedanta is uniquely positioned to bridge the critical mineral deficit by leveraging its integrated smelting infrastructure and advanced geological tech to unlock complex blocks.

Purpose-built for inaccessible and tough terrains, this rig can carry out high-speed drilling up to 1,000 metres compared to the typical 300–400 metre range, without losing precious time in inter-location movement — a first for exploration capability in the country. The deployment marks a significant leap in Vedanta's exploration infrastructure, enabling faster, safer, minimally intrusive and more efficient access to India's largely untapped mineral reserves.

Vedanta has placed itself at the forefront of India's critical minerals push, being the only company to have secured 10 critical mineral blocks across gold, manganese, copper, nickel-chromium-PGE (Platinum Group of Elements) tungsten, graphite, vanadium, rare earth elements and potash, with exploration already underway across five blocks. Recently, Vedanta has also been declared the Successful Bidder for the Punnam Manganese Block in Andhra Pradesh.

India's Untapped Mineral Potential

The government estimates suggest close to 80% of India's mineral resources remain unexplored. Gold is vital for medical applications, high-reliability electronics and other strategic industries, while critical minerals such as copper and nickel underpin AI infrastructure and data centres, renewable energy, electric mobility, defence, semiconductors and advanced manufacturing. India's task is to move beyond extraction alone and build capability across exploration, mining, processing, refining, recycling and manufacturing.

The opportunity is simple: India's resource advantage will be won not by what lies beneath the ground, but by how much value it builds above it.

According to the International Energy Agency, global critical mineral demand for clean energy technologies is projected to nearly triple by 2030 under its Net Zero Emissions Scenario, and quadruple by 2040, reaching close to 40 million tonnes annually. This has accelerated efforts by countries to diversify critical mineral supply chains away from dependence on any single country or source, positioning India as a natural partner in the shift. India holds substantial reserves of rare earth elements and critical minerals, giving it strong potential to become a key player in global supply chains though the country remains largely import-dependent despite this geological potential.

Vedanta 2.0 – Transformation through Technology

Vedanta 2.0 represents the group's vision to build a technology-driven, future-facing conglomerate centred on sustainable growth. While strengthening its core businesses, the group is simultaneously expanding into critical minerals as part of the clean-energy value chain, having secured several new mineral blocks and stepped-up exploration activity.

Vedanta Group holds a differentiated position as one of the few Indian companies with mineral assets spread across India, South Africa, Namibia, Liberia and Zambia, giving it access to diverse, high-potential reserves. The company plans to expand into new geographies with stable regulatory environments, deepen value-added processing within India, and build mining partnerships aligned with global environmental, social and governance standards.

JSW MG Motor India Redefines the Future of Mobility; Launches the MG Hector Tomahawk in EV and PHEV

Introductory Battery-as-a-Service (BaaS) price for a limited number of bookings: the MG Hector Tomahawk EV starts at ₹13.99 lakh + 4.90 Rs/Km Battery Rental, and the PHEV variant starts at ₹21.79 lakh + 3.20 Rs/Km Battery Rental

• MG’s first SUV built on ADAPT, the country's first Multi-New Energy Vehicle (NEV) platform
• India's First PHEV^ engineered for a combined driving range of over 1,100 km** on a full tank and a full charge
• Hector Tomahawk EV: 69.2 kWh MAGIC Battery, precision-engineered for a claimed range of 517** km on a single charge
• Hector Tomahawk PHEV: 20.5 kWh battery pack delivering 115+ km of pure-electric range
• India's first Vehicle-to-Home (V2H) capability, turning the SUV into a mobile power source for the household
• Lifetime battery warranty for the first owner for both EV and PHEV
• Tallest and among the longest in its vehicle segment: 4,745 mm long, 1,850 mm wide and 1,770 mm tall with a class-leading 2,810 mm wheelbase
• Largest-in-class 15.6-inch HD display, Level 2 ADAS and i-SMART 3.0 with 80+ connected features
• India's first GenAI-powered voice assistant, engineered to understand 30+ Hinglish commands
• Seven signature colours including two dual-tone options, with an Assured Buy Back Program available

JSW MG Motor India today unveiled the Hector Tomahawk, the first product engineered on ADAPT, its newly developed Advanced Drive Architecture Platform Technology and India's first Multi-New Energy Vehicle (NEV) platform. Combining intelligent technology, premium comfort, advanced safety and electrified performance, the MG Hector Tomahawk will be offered with both Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicle (PHEV) powertrains.

Starting at an introductory Battery-as-a-Service (BaaS) price of ₹13.99 lakh + 4.90 Rs/Km Battery Rental for the EV and ₹21.79 lakh + 3.20 Rs/Km Battery Rental for the PHEV, the Hector Tomahawk expands MG’s NEV portfolio, giving customers the freedom of choice while delivering the space, safety, and connected technology that Indian families expect from a modern SUV.

Bold, Futuristic Design

The MG Hector Tomahawk stands out with its bold, futuristic design and segment-leading proportions in its class, delivering significant space and comfort for every occupant. Measuring 4,745 mm in length, 2,130 mm in width (including mirrors), and 1,770 mm in height, it has been designed with substantial proportions and a commanding road presence, standing as the tallest and among the longest in its vehicle segment. With an expansive 2,810 mm wheelbase, MG Hector Tomahawk offers a spacious cabin that delivers best-in-segment space. With 230 mm of ground clearance at the battery, the SUV is engineered to deliver both commanding presence and everyday practicality.

• Sculpted dynamic bumpers
• Signature Beacon Lights
• Illuminated MG logo
• Distinctive Rotor Alloy wheels
• Strong character lines for commanding road presence
• Automatic Power Tailgate for effortless cargo access

Elevated Cabin Comfort

Inside, the MG Hector Tomahawk has been meticulously crafted to deliver a premium blend of comfort, connectivity, and versatility. The cabin showcases the exclusive Desert Squadron Interior, featuring a sophisticated Almond Brown and Carbon Black theme complemented by premium leatherette seat upholstery, leatherette-finished door armrests and dashboard inserts, and a leather-wrapped steering wheel.

• Front ventilated seats
• 6-way power-adjustable driver seat with memory and auto-retract
• 4-way powered co-driver seat
• One-touch auto up/down windows with anti-pinch
• Boot capacity up to 610 litres (5-seater), expandable in 7-seater
• Flexible second row with 60:40 split, recline, slide, and tip-and-tumble for third-row access
• Dual-pane panoramic Cockpit SkyRoof
• 15.6-inch HD Grand View Display (infotainment + controls)
• 8.8-inch Multi Information Display
• 10-speaker Infinity premium audio system
• Rear window sunshades and intelligently designed storage spaces
• PM2.5 air filtration system
• Customizable 256-colour ambient lighting
• Dual B-pillar coat hooks for convenience

A New Era of Electrified Performance

The MG Hector Tomahawk redefines sustainable mobility with a choice of advanced electrified powertrains that combine performance, efficiency, and intelligent energy management.

• EV: Powered by MAGIC Battery delivering a 69.2 kWh high voltage battery pack paired with a Permanent Magnet Synchronous Motor, delivering 150 kW of power and 310 Nm of torque. Offers a certified driving range of 517 km on a single charge and supports DC fast charging of up to 90 kW.
• PHEV: Combines a 1.5-litre petrol engine, Dedicated Hybrid Transmission (DHT), and a 20.5 kWh battery pack delivering over 115 km of pure-electric driving range. The 148 kW electric motor enables 0 to 100 km/h in approximately 9 seconds.
• DHT Innovation: Industry-leading thermal efficiency, 99.1% MCU efficiency, advanced IGBT technology, and electromagnetic clutch with 0.1-second response time for seamless transitions.
• Drive Modes: Pure Electric Drive, Series Hybrid Drive, Parallel Hybrid Drive, Engine Direct Drive.
• Combined Range: Over 1,100 km on full tank + full charge.
• Vehicle-to-Home (V2H): India’s first capability to power appliances, outdoor equipment, and homes directly from the vehicle battery.

Safety at the Core of the MAGIC Battery

The MG Hector Tomahawk EV’s 69.2 kWh high-voltage MAGIC Battery has been developed with a safety-first philosophy at its core.

• Built using high-thermal-stability cell materials, ceramic insulation layers, and high-temperature-resistant electrolyte.
• Rigorous safety validations: full needle penetration without fire, 180-degree thermal shock testing, 55-degree short-circuit testing without abnormality, and up to 40% cell deformation without fire or explosion.
• Battery system subjected to 2,000+ bench tests, 490+ full-vehicle validation tests, and extreme environmental evaluations.
• Advanced Battery Management System continuously monitors battery health in real time, 24/7, 365 days a year.
• Lifetime battery warranty for the first owner of both EV and PHEV.

Intelligence & Connectivity

Technology lies at the core of the MG Hector Tomahawk experience, delivering a seamlessly connected and highly intuitive driving environment. Equipped with MG’s most advanced connected car platform, i-SMART 3.0, featuring over 80 smart features, the SUV introduces first-in-segment i-SWIPE technology with 2-, 3-, and 5-finger gesture controls, enabling effortless interaction with key vehicle functions.

• India’s First GenAI-powered voice assistant with natural conversations and 30+ Hinglish commands
• Largest-in-segment 15.6-inch HD infotainment screen
• Wireless Apple CarPlay and Android Auto
• Digital Bluetooth Key with key-sharing capability
• Over-the-air software updates
• Six thoughtfully designed experience modes: Nap Mode, Pro Pet Mode, Camp Mode, Quiet Mode, Energise Mode, Smoking Mode
• Starmaanch Karaoke app with 8,000+ tracks (Bollywood, English, regional, children’s content)
• MG App Store with Jio-powered services: entertainment, shopping, social media, quick commerce, food services, gaming
• Voice-first interface supported by Jio VR and JioSaavn for personalized music streaming
• ETV Bharat multilingual digital news and video platform

Advanced Safety

Safety remains a cornerstone of the Hector Tomahawk experience. The SUV comes equipped with 6 airbags as standard across all variants, Electronic Stability Program (ESP), Traction Control System (TCS), Hill Hold Control, ABS with EBD, Brake Assist, Electric Parking Brake with Auto Hold, Tyre Pressure Monitoring System (TPMS), ISOFIX child-seat anchors and all-wheel disc brakes.

• 360° Around View HD Camera System with Wheel View
• Front and rear parking sensors
• Level 2 ADAS technologies including:
• Adaptive Cruise Control
• Traffic Jam Assist
• Lane Keep Assist
• Lane Departure Warning
• Lane Departure Prevention
• Front Collision Warning
• Automatic Emergency Braking
• Automatic Emergency Braking for Pedestrians
• Intelligent Headlamp Control

MG SHIELD

The MG Hector Tomahawk is supported by MG SHIELD, the brand's comprehensive ownership programme designed to deliver a convenient and worry-free after-sales experience.

• EV Customers: 3-3-2 benefit program (three-year unlimited-kilometre warranty, three years of Roadside Assistance, and two labour-free periodic services)
• PHEV Customers: 3-3-3 package (three-year unlimited-kilometre warranty, three years of Roadside Assistance, and three labour-free periodic services)
• Options for extended warranty and roadside assistance packages
• MG Protect Plans: prepaid maintenance programmes tailored to individual needs
• Assured Buy Back Program available

Colour Options

• Hector Tomahawk EV: Pearl White, Starry Black, Aurora Silver, Celadon Blue, Shadow Gold, Khaki Green. Dual-tone options: Shadow Gold + Black, Khaki Green + Black.
• Hector Tomahawk PHEV: Pearl White, Starry Black, Aurora Silver, Celadon Blue, Turquoise Green, Shadow Gold. Dual-tone options: Turquoise Green + White, Celadon Blue + White.

Variant-wise Price List

Variant	Excite 7S	Exclusive 7S	Essence 5S	Essence 7S
Hector Tomahawk EV	19,49,800	21,99,800	22,99,800	23,49,800
Hector Tomahawk PHEV		25,69,800		27,79,800

Tunnel‑Boring Machines at Heart of India’s $1.2B Construction Boost

India is finalizing a US$1.2 billion (approx.  ₹114,318 crore) incentive scheme to boost domestic manufacturing of advanced construction equipment such as tunnel-boring machines, elevators, and firefighting systems, aiming to cut reliance on Chinese imports and attract $1.8 billion in fresh investment over seven years, said a reported news agency Reuters. 

India’s dependence on imported tunnel‑boring machines (TBMs), particularly from China, has become a strategic vulnerability, prompting a ₹1.2 billion incentive scheme to build domestic capacity. Imports have fallen sharply since 2020 border clashes, but local production remains limited, with firms like BEML and Larsen & Toubro now positioned to benefit.

Key Highlights of the Incentive Plan

• Funding Size:  ₹114,320 crore ($1.2B) in incentives
• Duration: Spread over seven years
• Target Investment: Expected to draw $1.8 billion in new investment
• Focus Areas:
  • Tunnel-boring machines
  • Elevators
  • Firefighting equipment

Strategic Context

India has relied on Chinese TBMs for metro rail and highway construction. Imports dropped from $18 million in 2022–23 to just $800,000 in 2025–26, largely due to restrictions and customs delays imposed by Beijing.

• Import Dependence: Heavy reliance on Chinese tunnel-boring machines; imports dropped since 2020 border clashes
• Domestic Push: Scheme designed to make local production viable with value-addition targets
• Beneficiaries: BEML, Larsen & Toubro, Johnson Lifts

Market Impact

• Construction Equipment Market Size: Valued at ₹1 trillion ($10.5B)
• Growth Drivers: Roads, metros, airports, smart city projects
• Policy Goal: Reduce reliance on imports, strengthen supply chain resilience, support Make in India

Equipment Type	Current Status	Policy Impact
Tunnel-boring machines	Mostly imported from China	Incentives for local production, BEML & L&T to benefit
Elevators	Domestic players exist but rely on imports	Boost to Johnson Lifts & others
Firefighting equipment	Largely imported	Push for indigenous manufacturing

Risks & Challenges

• Execution Risk: Previous attempts struggled to scale
• Technology Gap: Tunnel-boring machines are highly sophisticated; R&D hurdles likely
• Global Supply Chain Pressure: China’s export restrictions since 2024 highlight vulnerability

Outlook

• If implemented effectively, the scheme could transform India’s construction equipment sector
• Reduce strategic dependence on China
• Create a globally competitive domestic industry
• Aligns with India’s infrastructure expansion and self-reliance agenda

If successful, the scheme could transform India’s construction equipment sector, reduce strategic dependence on China, and create a globally competitive domestic industry. It directly supports India’s infrastructure expansion goals and self‑reliance agenda.