JSW Green Mobility backs Lithium Urban’s EV fleet expansion

• Company targets 3x growth in 2 years
• Planned expansion is expected to create 12,000-15,000 jobs while strengthening the company's integrated e-mobility platform

Lithium Urban Technologies, one of India’s leading integrated enterprise mobility platforms, today announced a strategic investment from JSW Green Mobility.

The Company has built an integrated mobility platform spanning electric fleets, charging infrastructure, fleet intelligence systems and centralised operational command capabilities. Today, the company manages over 25,000 trips daily through a network of more than 3,000 vehicles and 1,300 chargers, serving over 100 enterprise customers.

Dhanpal Jhaveri, Chief Executive Officer, Eversource Capital, said: "Mobility is increasingly becoming an ecosystem play, where value will accrue not to individual assets, but to platforms that can integrate infrastructure, technology and operations at scale. Lithium has built a business with strong operating foundations and this investment by JSW Green Mobility provides significant headroom for growth. By combining fleets, charging infrastructure, intelligent mobility systems and centralised operational oversight within a single platform, Lithium has developed capabilities that are increasingly difficult to replicate at scale. We look forward to this partnership with JSW Group, whose long-term orientation and industrial lineage add an important dimension to Lithium as it enters its next phase of value creation.”

The strategic partnership will accelerate Lithium’s expansion as demand for reliable, technology-enabled and sustainable mobility solutions continues to grow across enterprise and digital mobility ecosystems.

Parth Jindal, of JSW Group, said: “India’s mobility landscape is undergoing a structural transformation, driven by rapid urbanisation, electrification and the growing scale of digital commerce. We believe the future will be shaped by integrated, technology-led mobility platforms that can deliver reliability, operational efficiency and scale. Lithium has built a differentiated business with strong execution capabilities and high-quality infrastructure. We are excited to partner with Lithium Urban as it accelerates growth and helps shape the future of clean mobility in India.”

Don Thomas, Chief Executive Officer, Lithium Urban Technologies, said: "India's commercial mobility sector continues to be dominated by conventional fuel-powered vehicles. The opportunity ahead is not simply to replace vehicles, but to build the infrastructure, operating systems and technology capabilities required to make electrification work at scale.

Over the last decade, we have built that foundation — spanning charging infrastructure, fleet intelligence systems and centralised Network Operations Centres. We believe the market will increasingly shift to organised platforms that can deliver reliability, safety and operational efficiency. Lithium’s technology-enabled platform is well-positioned to accelerate that transition.

We are pleased to welcome JSW Green Mobility as a strategic investor. Their partnership will help us accelerate electric fleet deployment, expand charging infrastructure and continue strengthening the technology capabilities that underpin our platform."

The investment marks the next phase of growth for Lithium as it continues to expand its fleet, charging infrastructure and technology capabilities. With transportation systems becoming increasingly electrified, connected and software-enabled, it is focused on building the scale and operating capabilities required to support India's evolving mobility needs. Meresis Advisors acted as the exclusive financial advisor to this transaction.

Jupiter International Adds 1.25 GW TOPCon Unit at Baddi, Expands Solar Cell Capacity to 3.25 GW

• Marks the company’s transition from scaling capacity to scaling advanced capability in high-efficiency solar cells in Baddi – Himachal Pradesh

Jupiter International Limited, one of India’s leading solar cell manufacturers, has inaugurated its Unit IV at its Baddi manufacturing campus in Himachal Pradesh, adding 1.25 GW of TOPCon (Tunnel Oxide Passivated Contact) solar cell manufacturing capacity and expanding its total solar cell manufacturing capacity from 2 GW to 3.25 GW.

Unit IV marks a significant technology step-up for Jupiter International, strengthening its ability to deliver next-generation, high-efficiency solar cells at scale as the market increasingly shifts toward higher efficiency benchmarks and performance-led procurement.

This milestone builds on Jupiter’s recent expansion at Baddi, where the company added 1 GW of mono PERC solar cell manufacturing capacity earlier this year, taking its total installed capacity to nearly 2 GW. TOPCon technology is widely regarded as the next phase of mainstream solar cell manufacturing, offering higher efficiency potential and improved long-term performance. With Unit IV, Jupiter accelerates its transition from scaling capacity to scaling advanced manufacturing capabilities.

“Commencement of production at Unit IV baddi will be a defining step in Jupiter’s technology journey. By bringing 1.25 GW of TOPCon capacity into production, we are scaling next-generation cell technology that raises the bar on efficiency and long-term performance. We are doing this with a clear focus on manufacturing excellence, sustainability consciousness, and high-skilled job creation. It provides a technology platform on which jupiter is scaling up to build a 3 GW TopCon ++ performance fab to be commissioned in Nagpur at the end of the year, said Mr. Dhruv Sharma, Chief Executive Officer, Jupiter International Limited.

The ramp-up of Unit IV has been anchored in a quality-first, sustainability-conscious manufacturing approach, supported by disciplined process controls and manufacturing systems designed for consistent output at scale. The expansion is also expected to strengthen local economic impact in Himachal Pradesh, supporting a growing pipeline of high-skilled green jobs across production, process engineering, automation, quality, maintenance and EHS—backed by structured training and capability building.

With the Unit IV, Jupiter International continues to deepen its role in India’s clean energy transition by strengthening domestic solar cell capability and accelerating high-efficiency technology adoption at scale.

Ex-Infosys CEO Vishal Sikka Launches AI Startup Hang Ten with $32M Backing

Former Infosys CEO Vishal Sikka has launched a new AI startup, Hang Ten Systems, headquartered in Palo Alto, California, with $32 million in seed funding led by Mayfield and backed by Aramco Ventures, announced Vishal in a post on X.

The company is already working with global enterprises like Fresenius and Siemens Energy to accelerate AI adoption. "Our dream is to help enterprises not just transform with AI, but use it as a force to do what no one could do before", said Vishal in the social media post. 

Hang Ten Systems: Key Highlights

• Founder: Vishal Sikka, ex-CEO of Infosys and former CTO at SAP.
• Funding: $32 million seed round led by Mayfield, with participation from Aramco Ventures and angel investors.
• Location: Palo Alto, California.
• Board Member: Yahoo co-founder Jerry Yang has joined the board.
• Early Clients: Fresenius, Siemens Energy, and Siemens Gamesa Renewable Energy.

Business Model & Technology

• AI-native delivery model: Uses agentic code generation, reusable skills libraries, and specialised engineering teams.
• Focus Areas: Enterprise functions like finance, HR, and product development.
• Goal: Reduce the time, cost, and complexity of enterprise software development compared to traditional IT services.
• Vision: “Every company will be transformed by AI… most are stuck at the starting line, and the gap is widening every day,” said Sikka.

Comparison: Hang Ten vs Traditional IT Services

Hang Ten Systems	Traditional IT Services
AI-native delivery model	Manual configuration & integration
Agentic code generation	Long development cycles
Reusable skills libraries	Custom coding per client
Faster enterprise adoption	Slower, costlier implementation
Early clients: Fresenius, Siemens Energy	Established IT outsourcing clients

Industry Context

• Indian IT firms like Infosys and TCS have thrived on SaaS, but AI threatens to disrupt this model.
• Hang Ten Systems positions itself as an AI-native alternative, potentially reshaping enterprise IT services.
• Market Outlook: Infosys predicts AI-first IT services could reach $400 billion by 2030.

Challenges Ahead 

• Enterprise adoption gap: Many firms still struggle to extract value from AI investments.
• Competition: Established players (Infosys, TCS, Accenture) are also investing heavily in AI.
• Scalability: Hang Ten must prove its model works across industries and geographies.

To recall, Vishal Sikka also launched Vianai Systems in 2019 after he left Infosys. Vianai focuses on AI-powered decision-making tools for enterprises. Similar to Hang Ten Systems, Vianai Systems also emerged from stealth with $50M seed funding, later raised $140M in 2021 led by SoftBank Vision Fund 2.

Both Vianai and Hang Ten target large corporations struggling to extract value from AI.

Besides, as Infosys CEO, Vishal Sikka oversaw a $3M donation to OpenAI nearly a decade ago (2015), long before ChatGPT’s rise demonstrating his early recognition of AI’s transformative potential. Infosys considered a $1 billion investment in OpenAI, alongside Amazon Web Services, Elon Musk, and Sam Altman. However, the plan was scrapped due to disagreements between co‑founder N. R. Narayana Murthy and Vishal.

Timeline of Vishal Sikka’s Startup Bets

Year	Startup	Focus	Funding
2016	Infosys donation to OpenAI	AI research	$3M
2019	Vianai Systems	Enterprise AI decision-making	$50M seed, $140M Series A
2026	Hang Ten Systems	AI-native enterprise software delivery	$32M seed

India Pushes BRICS Space Alliance as Strategic Global Growth Driver

Union Minister Dr. Jitendra Singh pitched the idea of a BRICS Space Economy as the next frontier of global growth, urging member nations to embrace collective action to unlock new opportunities in innovation, investment, entrepreneurship, and sustainable development.

The future of the space economy will not be shaped by nations working in isolation. It will be shaped by partnerships, shared innovation and collective ambition. - Dr. Jitendra Singh 

Dr. Jitendra Singh said the BRICS Remote Sensing Satellite Constellation has already demonstrated the value of collaborative space applications through satellite data sharing among member countries. He expressed confidence that ongoing discussions on institutional mechanisms, including the proposed BRICS Space Council, would provide greater momentum and continuity to future cooperation in the space sector.

Key Highlights of the Meeting

• Indian Space Industry Brochure released, showcasing the country’s growing NewSpace sector.
• Exchange of mementoes and interactions with Indian startups and private enterprises.
• Participation from Brazil, China, Egypt, Ethiopia, Indonesia, Iran, Russia, South Africa, and the UAE under India’s BRICS Chairship 2026.
• Deliberations on space sustainability, debris‑free missions, strengthening the BRICS Remote Sensing Satellite Constellation (RSSC), and advancing discussions on the proposed BRICS Space Council.
• Collaboration prospects in disaster management, Earth observation, capacity building, and knowledge sharing.

India’s Space Achievements

India’s transformative reforms in the space sector have opened unprecedented opportunities for private industry, startups, academia, and global partnerships. Landmark missions such as Chandrayaan‑3, Aditya‑L1, and the ongoing Gaganyaan mission were cited as examples of India’s expanding frontiers in science and technology.

Sustainability and Global Challenges

The Minister stressed that the long‑term future of space activities depends on preserving outer space as a safe, secure, and sustainable domain. He welcomed discussions on debris‑free missions and sustainable operations as vital steps toward safeguarding the space environment for future generations.
He also linked space technology to solutions for pressing global challenges such as climate change, disaster preparedness, food and water security, and sustainable urbanization.

From Coordination to Co‑Creation

Calling for a more ambitious vision, Dr. Singh urged BRICS nations to move beyond consultation toward co‑development, co‑innovation, and co‑creation. By bringing together scientists, engineers, industries, startups, and young innovators, BRICS can develop solutions for global challenges, create new economic opportunities, and build a stronger framework for scientific advancement and shared prosperity.

Conclusion

India reaffirmed its commitment to working closely with BRICS partners to transform shared aspirations into concrete outcomes. Dr. Singh’s vision positions space not only as a driver of economic growth but also as a powerful force for resilience, sustainability, and international cooperation.

NTT Data and Cursor Partner to Accelerate Enterprise-grade Modernization and AI Governance

• NTT DATA leveraging Cursor to strengthen its own engineering and delivery model.
• Enterprise-grade governance helps modernize and transform delivery with greater trust and control.

NTT DATA, a global leader in AI, digital business and technology services, today announced a strategic partnership with Cursor, the leading multi-model AI coding platform. Under this initiative, NTT DATA will use Cursor’s advanced AI agents to power the innovation of its global software engineering and delivery models. Cursor will enable NTT DATA to design, build and modernize enterprise systems with greater speed and control, while supporting the governance enterprises require. 

The collaboration marks a strategic advancement in NTT DATA’s transformation into an AI-native services company, enhancing how the company designs, builds and modernizes mission-critical systems. NTT DATA is operationalizing AI inside its engineering and delivery engine with enterprise-grade controls to enable faster modernization of clients’ legacy estates, accelerate cloud and AI transformation initiatives, and drive greater consistency across delivery environments.

Including AI agents directly in the engineering layer helps ensure that application modernization and development efforts remain aligned with enterprise-wide AI strategies. These capabilities enhance NTT DATA’s broader full-stack portfolio.

“Enterprise modernization is no longer just about moving systems to the cloud—it is about reimagining how software is built and operated in the age of AI,” said Abhijit Dubey, CEO and Chief AI Officer, NTT DATA, Inc. "Through our partnership with Cursor, we will use AI in the core of our engineering and delivery model, enabling us to modernize faster, improve consistency at scale and deliver greater value to clients. By applying these capabilities inside our own business first, we can help organizations adopt AI with greater confidence, governance and measurable impact.”

Cursor is the leading multi-model AI coding platform, embedding advanced AI agents directly into developers’ environments to write, review, refactor and modernize code with codebase-wide context across leading models. For NTT DATA, this brings AI-native acceleration into the core of its global engineering and delivery model, paired with enterprise-grade governance, including organization-wide privacy mode, Single Sign-On, centralized administration, granular agent controls, and audit-ready policy enforcement so modernization happens faster, with greater consistency, trust and control. For joint clients, NTT DATA’s use of Cursor turns into real-world results, guiding enterprises through secure scalable, and responsible AI adoption and accelerating the modernization of legacy code bases and AI transformation while keeping delivery aligned with enterprise-wide AI strategies.

“NTT DATA is putting AI at the core of how engineers modernize complex systems,” said Jordan Topoleski, Chief Operating Officer, Cursor. “By pairing Cursor agents with enterprise-grade governance and structured enablement, NTT DATA is proving how AI changes the way software gets built and delivered at global scale, and we are proud to support their teams as they bring it to enterprises worldwide.”

NTT DATA is initially deploying Cursor Enterprise to priority engineering teams and will expand deployments as adoption scales globally. The company also plans to establish a Cursor Center of Excellence to help scale these capabilities across global practices and industries. 

To learn more about NTT DATA, visit our website.

About NTT DATA

NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services. Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 70 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.

Visit us at nttdata.com.

About Cursor

Cursor is the best way to build software with AI. Helping teams solve the hardest problems, Cursor builds an ecosystem of tools to write, review, and maintain code more efficiently and intelligently. Serving the majority of the Fortune 500 and tens of thousands of engineering teams globally, Cursor is accelerating the future of software development with enterprise-grade AI-assisted coding capabilities. Learn more at https://cursor.com/