QubeHealth-Pay Expands to the Middle East and Africa. Sets Up Subsidiary in Dubai's DIFC

Qube FinTech & AI MENA Limited, licensed in the Dubai International Financial Centre, becomes the company's regional headquarters to focus on the GCC and North Africa.

QubeHealth-Pay (“QubePay”), the company that is building the financial infrastructure layer for healthcare in India, today announced its expansion into the Middle East and North Africa (MENA) region with the launch of Qube FinTech & AI MENA Limited (“Qube MENA”), a newly licensed entity operating out of the Dubai International Financial Centre (DIFC), home to global fintech firms such as Stripe and Wise and financial institutions including BlackRock, Goldman Sachs and Nomura.. The DIFC entity becomes Qube’s regional headquarters for the Gulf Cooperation Council (GCC) and North Africa — the company’s first market outside India.

Qube MENA is structured differently from QubePay, the consumer payments and cashback platform Qube operates in India. In the DIFC, Qube is built to serve insurers, employers, hospital networks, pharmaceutical companies and other enterprise participants across the region, licensing its purpose-built technology to solve financial problems within the healthcare sector. Its capabilities include digital healthcare expense processing, claims facilitation and documentation, rule-based bill adjudication support, reconciliation infrastructure, and aggregated, consent-driven healthcare data and insights for insurers, employers and healthcare brands.

The expansion responds to a widening healthcare affordability gap across the region. Healthcare costs are rising an estimated 8–12% annually across MENA — outpacing wage growth and, in many markets, government healthcare spending. Even in relatively well-insured markets such as the UAE, large categories of care — including IVF and fertility treatment, dental implants, cosmetic and elective procedures, and wellness programmes — remain entirely self-funded. Out-of-pocket healthcare spending is markedly higher elsewhere in the region, particularly across parts of North and East Africa, where insurance penetration remains limited, and insurance companies are keen to solve various problems related to healthcare payments – a core mission of QubeHealth-Pay.

Qube’s initial regional focus spans four markets — the UAE, Egypt, Kenya and Nigeria — with Dubai serving as the operating and regulatory base. Each market will be entered through an approach suited to its own regulatory and insurance landscape, combining partnerships with local insurers, healthcare providers and financial institutions with selective technology-licensing arrangements. The company plans a phased rollout: beginning with regulatory engagement and partnership-building, followed by pilot deployments, and broader enterprise onboarding thereafter.

Qube’s India platform — live across more than 300 corporates and reaching over 300,000 employee families — is the operating and product base being localised for MENA’s healthcare systems, insurance structures and regulatory frameworks.

Speaking on the announcement, Chris George, Co-Founder & Group CEO, said, “The out-of-pocket healthcare problem we’ve spent years solving in India isn’t unique to India — it shows up across the Middle East and Africa too, just in different forms. In the UAE, it’s the elective and non-insurable care that falls entirely outside insurance. In markets like Egypt, Kenya and Nigeria, it’s the everyday cost of pharmacy, diagnostics and outpatient care. Setting up in the DIFC gives us a credible, regulated base to build the technology and data infrastructure insurers, employers and healthcare providers across the region need to manage this — the same problem, adapted to how healthcare is actually paid for and insured here.”

Out-of-pocket (OOP) healthcare spending varies significantly across Qube’s target markets. In Dubai, the Dubai Health Authority’s Health Accounts System (HASD) 2022 report put household OOP spending at approximately 10% of current health expenditure — low by regional standards because of mandatory health insurance, though this figure excludes non-insurable elective categories such as IVF, cosmetic and dental procedures, which are paid for entirely out of pocket and not captured in official OOP statistics. Out-of-pocket spending is markedly higher elsewhere in the region, particularly across parts of North and East Africa, where insurance penetration remains limited. These figures are drawn from company research current as of 2026 and should be independently verified before reuse, as national health-expenditure data is revised periodically.

About QubeHealth-Pay

QubeHealth-Pay is building the financial infrastructure layer for healthcare in India — connecting patients, employers, healthcare providers, insurers and banks around healthcare spending. Its flagship product, QubePay, lets users pay for healthcare across an open network of providers, earn healthcare-only cashback that can be reused for future healthcare spends, and access healthcare financing. QubeHealth-Pay works with employers, associations and institutional partners to distribute healthcare payment and affordability benefits to families across India. QubeHealth-Pay is an award-winning, government-recognised, and venture capital-backed healthcare fintech. For more information, visit www.qubehealth.com.

About Qube FinTech & AI MENA Limited

Qube FinTech & AI MENA Limited (“Qube MENA”) is a healthcare technology and data infrastructure company licensed in the Dubai International Financial Centre (DIFC), and a subsidiary of QB Health Technologies Private Limited (India). Qube MENA serves insurers, employers, healthcare providers, pharmaceutical companies and other ecosystem participants across the Gulf Cooperation Council and North Africa, adapting QubePay’s India platform for the region’s healthcare systems, insurance structures and regulatory frameworks.

Adani Ports’ New Subsidiary Aims to Build One of the World’s Largest Integrated Marine Platforms

Astro Offshore PTE, a step‑down subsidiary of Adani Ports & Special Economic Zone (APSEZ), has incorporated a wholly owned subsidiary (WOS), Astro Offshore MESA Company, on 31 August 2026.

APSEZ filed intimation under Regulation 30 of SEBI Listing Obligations on 1 September 2026, confirming Astro Offshore PTE Limited (step‑down subsidiary) incorporated Astro Offshore MESA Company in the Kingdom of Saudi Arabia.

The filing mentions that the strategic intent of this new subsidiary is to build one of the world’s largest integrated marine platforms, strengthen offshore operations in MESA region. And, the purpose is to conduct local offshore operations, diversify fleet globally, expand geographic reach. 

• Corporate structuring: A WOS enables APSEZ to expand operations with full ownership and control.
• Astro Offshore PTE: Specialized offshore services arm, now extending into MESA region.
• MESA region: Middle East & South Asia is critical for offshore energy and marine logistics.
• Adani Ports strategy: Aligns with APSEZ’s global expansion in LNG, ports, and transshipment hubs.

Implications 

Aspect	Details
Regional Focus	Targeting offshore oil, gas, and marine logistics in Middle East & South Asia.
Ownership	100% WOS ensures APSEZ retains full control over operations and profits.
Diversification	Expands APSEZ’s footprint beyond India into global offshore services.
Synergy	Complements APSEZ’s LNG, port automation, and transshipment hub projects.

This incorporation signals Adani Ports’ intent to deepen its offshore and marine services portfolio in high‑growth regions, strengthening its global positioning.

Raymond to Build ₹510 Crore Aerospace Hub in Andhra Pradesh, Expanding Global Aero-Engine Capabilities

• Raymond is building capabilities to participate in the next phase of global aerospace manufacturing.
• ₹510 crore aerospace facility under development in Andhra Pradesh

Raymond Limited, the flagship company of the Raymond Group is looking to deepen its participation in the Aerospace business, building on more than two decades of relationships with global OEMs and Tier-1 suppliers and a growing portfolio of high-precision aero-engine components and assemblies.

India is at an inflection point in aerospace manufacturing. As aircraft demand rises and global aerospace companies look to build more resilient and diversified sourcing networks, Indian manufacturers are finding a larger role within an industry traditionally dominated by established global supply bases.

The opportunity is visible in the increasing scale of global aerospace sourcing from India. Airbus currently sources more than US$1.5 billion annually from the country, while Boeing's annual sourcing from India has crossed US$1.25 billion. Yet India's share of the global aerospace supply chain remains relatively small, leaving considerable room for Indian engineering companies to take on more complex and higher-value work.

Mr. Gautam Maini, Managing Director – Engineering Business, Raymond Limited, said, “Aerospace rewards consistency over the long term. Customer relationships are built through qualification, performance and the ability to deliver the same level of quality every time. We are seeing customers increasingly look for partners who can handle not only individual components but also more integrated requirements. Our ambition is clear to build from India, meet global aerospace standards and become a more meaningful part of the supply chains that will shape the next generation of aviation.”

For Raymond engineering arm, this journey is already well underway. Through JK Maini Global Aerospace Limited (JKMGAL), the Company has developed more than 1,300 aero-engine parts, including over 350 components for the latest LEAP engine variants. The business has relationships spanning more than two decades with leading aerospace OEMs and Tier-1 suppliers and serves more than 25 global aerospace component manufacturing customers, several through relationships spanning more than two decades, and has expanded into new geographies including the UK, Belgium and Sweden. More than 75% of its operations are derived from complex aero-engine parts.

The business added more than 100 new SKUs during FY2025–26 and has an order book of over ₹2,350 crore for the next five years, providing visibility for continued expansion.

The Company's aerospace portfolio spans turbine vanes and stator blades, engine mounts and brackets, fuel-system components and complex machined engine parts. It is also expanding into assemblies and other higher-value applications, allowing Raymond to participate in a broader part of the manufacturing process rather than limiting its role to individual components.

With global aerospace manufacturers increasing their engagement with Indian suppliers, Raymond sees an opportunity to build on its existing customer relationships, expand its manufacturing footprint and take on a greater share of the work that goes into aircraft engines and systems around the world.

About Raymond Limited

With the inception in 1925, Raymond Group has been a pioneer and leader in fabric manufacturing and then forayed in other sectors such as engineering and Real Estate. After demerging its Lifestyle Business and Real Estate verticals into independent entities, Raymond Limited now has two core businesses within the Engineering vertical - Tools & Auto Components and Aerospace and Defence. Raymond’s engineering business commands a leadership position in manufacturing files and hand tools and has a significant presence in national and international markets. With the acquisition of Maini Precision Products Limited (MPP) Raymond’s engineering business has forayed into the sunrise sectors of Aerospace and Defence. EV components and caters to international as well as domestic markets.

To know more, visit us today at www.raymond.in

L&T Heavy Engineering Secures Global Orders, Delivers World’s Largest FCC Reactor and Key Process Equipment Across 5 Continents

L&T Heavy Engineering, the hi-tech manufacturing arm of Larsen & Toubro, has secured a series of international orders across Asia, Africa, North America, South America and Europe, reinforcing its position as a global leader in process plant equipment.

The business has secured orders from Africa’s largest industrial conglomerate, Dangote Group, for a mega refinery and multi-train fertiliser expansion projects in Nigeria and Ethiopia. The scope includes the supply of critical process equipment, comprising the world’s largest Fluid Catalytic Cracking Reactor Regenerator Package, all critical urea and ammonia equipment.

Additionally, the business has won a repeat order from a Japanese customer for the manufacture and supply of Heat Exchangers and Absorbers for an LNG project in Canada. The business has also secured orders for its core equipment including Coke Drums, Fractionator Columns and Heat Exchangers from customers in Spain, US and Brazil.

Commenting on this, Anil Parab, Whole-time Director & Sr Executive Vice President - Manufacturing, L&T) said: “These orders reaffirm the trust and confidence that customers place in L&T’s world-class manufacturing capabilities and its consistent track record of delivering high-quality process equipment to global clients”.

Vedanta Goes Unlimited: Anil Agarwal Outlines His Vision to Build Each Company into a $100 Billion Company Post Recent Demerger

Vedanta Group Chairman Anil Agarwal unveiled an ambitious vision for 'Vedanta Unlimited' at Vedanta Limited's 61st Annual General Meeting (AGM). Speaking at the AGM, he said that the company's future will be built on three Ps - Produce More, Partner Better and Purpose Beyond Profit. Reflecting on the successful completion of Vedanta's historic demerger, he mentioned each of the Group’s five pure-play entities - Vedanta Limited (NSE: VEDL), Vedanta Aluminium Metal Limited (NSE: VAML), Vedanta Oil and Gas Limited (NSE: VOGL), Vedanta Iron and Steel Limited (NSE: VISL), and Vedanta Power Limited (NSE: VEDPOWER) - has the potential to become a $100 billion company.

Addressing shareholders, Agarwal said —

A year ago, you were shareholders of one integrated company. Today, you own five opportunities. Very few corporate transformations anywhere in the world have created such an opportunity for shareholders. And we believe this is only the beginning. 

RECORD FY2026 PERFORMANCE

Calling FY2026 a landmark year, Agarwal said, "This year, we recorded a record revenue of ₹1,74,075 crore and the best-ever profit of ₹25,096 crore.”

In FY2026, Vedanta also delivered highest-ever EBITDA of ₹55,976 crore and a Net Debt/EBITDA ratio of 0.95x (best in 14 quarters).

Produce More

The first P of Vedanta's strategy, Agarwal said, is the beginning of Vedanta Limited’s next phase of growth. He outlined plans to nearly triple zinc and lead production to 3 million tonnes by 2031, double silver output to 1,500 tonnes, expand copper production to 1 million tonnes by the end of the decade, increase ferrochrome capacity to 500,000 tonnes by FY2028, expand nickel production to 60,000 tonnes, and accelerate exploration across its ten critical mineral and strategic mineral blocks including lithium, cobalt, gold, copper, nickel, manganese, rare earths, and potash.

He also reiterated ambitious expansion plans across the demerged companies. "Vedanta Aluminium is a remarkable company...over the next three years, we will double our capacity to 60 lakh tonnes per year at the lowest cost in the world. At Vedanta Oil and Gas, we aim to produce 500,000 barrels per day. To achieve this target, we will invest five billion dollars over the next three to five years. Vedanta Iron and Steel will grow from four million tonnes to 15 million tonnes annually with a focus on green steel and specialty steel, while Vedanta Power has a clear roadmap to expand to 20,000 MW and will also foray into nuclear power."

Partner Better

Highlighting technology as Vedanta's strongest partner, Agarwal said, "The future belongs to companies that embrace technology. Artificial intelligence is transforming industries across the world. Technology is our best partner. Whether it is exploration, operations, sustainability, safety or productivity, we are deeply embedding technology across every one of our businesses. Our goal is simple: To become smarter. Faster. Safer. And better."

Purpose Beyond Profit

Reaffirming Vedanta's commitment to nation-building, Agarwal said, "This year alone, we contributed more than ₹62,000 crore to India's exchequer. Over the past decade, this contribution has been nearly ₹5,00,000 crore."

He further added that Vedanta's flagship social impact programme, Nand Ghar, which comprises modernized anganwadis, has 15,000 centres across 17 states and has the potential to benefit 10 crore women and children across India.

Hexaware to Invest £25 Million in UK Expansion, Creating 1,200 Jobs in AI, Digital Services, and Quantum Computing

• New R&D centers in Manchester and Leeds, expanded delivery center in Birmingham, recognized by the UK Government at the G7 Summit

Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, plans to invest £25 million to expand its UK operations, a move expected to create around 1,200 jobs across Manchester, Leeds, and Birmingham over the next three to five years.

Hexaware’s investment plan was among those the UK Government announced at the G7 Summit on June 16, 2026, as part of a wider set of international commitments to its AI and clean energy agenda. The company will expand its delivery center in Birmingham and establish R&D centers in Manchester and Leeds. The investment will accelerate innovation at scale across new and emerging technologies, including AI, digital services, and quantum computing, with a focus on developing local talent, advancing research, and driving modernization in citizen and public services.

R. Srikrishna, CEO & Executive Director, Hexaware, said, “Hexaware has worked alongside businesses in the UK for more than three decades. We have very high ambitions for our growth, creating impact in the UK and proudly supporting the Government’s inclusive vision for AI. Our investments are focused on developing young talent, working with unique published datasets, and collaborating with government at all levels across the country to create a positive impact for the citizens of the UK. These investments in AI research, digital innovation for citizen services, and talent incubation will create meaningful social impact while fueling and accelerating the UK’s long-term economic growth.”

Parameshwaran (Param) Iyer, Executive Vice President, Head – UK and Europe, Hexaware, said, “The UK is one of our fastest-growing markets, and this investment reflects the confidence our clients and the UK Government place in Hexaware. Our UK clients are moving fast on AI, and having research and delivery talent on the ground here means we can build with them rather than for them.”

The UK is Hexaware’s second-largest global market and its fastest-growing geography, where the company opened its UK headquarters in London’s Canary Wharf in 2025.

JSW MG Motor India Expands into Nepal with Golchha Partnership

JSW MG Motor India today announced that they have strengthened their presence in Nepal through a strategic distribution partnership with the Golchha Organization. The association marks a significant step towards building a more structured and customer-focused presence for the brand in Nepalese market.

Akash Golchha, Managing Director & Aryaman Golchha,Sales Director

As part of this partnership, a new MG dealership has been inaugurated, offering customers access to MG’s range of technologically advanced and feature-rich vehicles. The showroom will showcase key models including the MG Hector, MG Windsor, and MG Comet, catering to diverse mobility needs across segments. Nepal continues to emerge as an important market with evolving customer expectations and increasing demand for smart and sustainable mobility solutions. With this partnership, MG aims to bring its portfolio closer to customers while establishing a more robust and accessible service and aftersales ecosystem in the country. The focus is on delivering a seamless, reliable, and reassuring ownership experience through a strong local presence and enhanced customer support.

Speaking at the launch, Akash Golchha, Dealer Principal, Nepal said: “We are delighted to partner with JSW MG Motor India and introduce MG’s globally recognised range of vehicles to customers in Nepal. This dealership is designed to offer a comprehensive and elevated customer experience, backed by modern infrastructure and a strong focus on service excellence. We believe MG’s portfolio, with its blend of technology, design, and sustainability, is well aligned with the aspirations of customers in Nepal, and we look forward to building a strong and enduring presence for the brand in the market.”

About GO Automobiles Pvt. Ltd.:

G.O. Automobiles Pvt. Ltd., a part of the prestigious Golchha Organization established in 1930, is one of Nepal’s leading automotive importers and distributors. With a strong legacy in industrial growth, the organization has played a key role in shaping Nepal’s modern mobility landscape through trusted global partnerships and brand leadership. G.O. Automobiles Pvt. Ltd., represents globally recognized brands strengthening its commitment to delivering both legacy performance and next-generation mobility solutions to the Nepali market. A strong nationwide network and in-depth market expertise enable the company to drive innovation and consistently enhance the mobility experience for customers across Nepal.

About JSW MG Motor India

SAIC Motor, a global Fortune 500 company with a presence in over 100 countries and JSW Group (India's leading conglomerate with interests across B2B and B2C sectors) formed a joint venture - JSW MG Motor India Pvt. Ltd. in 2023. The joint venture aims to build a smart and sustainable automotive ecosystem while staying focused on developing a diverse portfolio of vehicles to give car buyers better access to advanced technologies and futuristic products with attractive value propositions. JSW MG Motor India Pvt. Ltd. is committed to introducing world-class technology, strengthening the manufacturing landscape, bringing the best of innovation across its business operations, and generating significant employment opportunities through extensive localisation.

About Morris Garages

Founded in the UK in 1924, Morris Garages vehicles were world-famous for their sports cars, roadsters, and cabriolet series. MG vehicles were much sought after by celebrities, including British Prime Ministers and even the British Royal Family, for their styling, elegance, and spirited performance. The MG Car Club, set up in 1930 at Abingdon in the UK, has thousands of loyal fans, making it one of the world’s largest clubs for a car brand. MG has evolved into a modern, futuristic, and innovative brand over the last 100 years. Its state-of-the-art manufacturing facility in Halol, Gujarat, has an annual production capacity of 1,00,000 plus vehicles and 6,000 direct and indirect employees. Driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility, the innovative automaker has augmented across-the-board ‘experiences’ within the automobile segment today. It has introduced several ‘firsts’ in India, including India’s first Internet SUV – MG Hector, India’s first Pure Electric Internet SUV – MG ZS EV, India’s first Autonomous (Level 1) Premium SUV – MG Gloster, the Astor- India’s first SUV with personal AI assistant and Autonomous (Level 2) technology, MG Comet – The Street-Smart Car and India’s first Intelligent CUV – MG Windsor.

Accenture Expands Global Footprint with ₹325 Crore Pune GCC Lease

Accenture has leased over 600,000 sq ft of office space at Phoenix Millennium Towers in Baner, Pune, to set up a new Global Capability Centre (GCC). The ₹325 crore, 15‑year deal is one of the largest commercial real estate transactions in Pune this year, with full operations expected by June 2026.

• Location: Phoenix Millennium Towers, Baner, Pune
• Size: 600,000+ sq ft across nine floors
• Lease Tenure: 15+ years
• Value: Approx. ₹325 crore
• Phases: Occupation in two phases, completing by June 2026
• Purpose: Establishment of a Global Capability Centre (GCC)

Why Pune for GCCs:

• Strong IT ecosystem & talent pool
• Lower operational costs compared to Bengaluru and Mumbai
• Rapidly growing business hubs like Baner, Hinjewadi, and Balewadi
• Infrastructure upgrades boosting attractiveness

Industry Context:

• GCCs account for 45.5% of India’s total office leasing demand in Q1 2026
• India’s office market saw 21.5 million sq ft leased in Jan–Mar 2026
• Multinationals view India as a strategic centre for AI, cloud, and digital transformation

Impact on Jobs & Economy:

• Employment boost in software engineering, AI & data analytics, cloud & digital services
• Strengthens Pune’s position as a global tech hub
• Supports local real estate growth and ecosystem development

City	Strengths	Challenges
Pune	Strong talent pool, lower costs, growing hubs	Infrastructure catching up with demand
Bengaluru	Largest IT ecosystem, global recognition	Higher costs, congestion
Hyderabad	Strong infra, govt support, pharma + tech mix	Competition for talent
Gurugram	Proximity to Delhi, strong corporate base	Higher real estate costs

Accenture’s Pune GCC deal is a strategic signal of India’s rising role in global innovation hubs. For Pune, this means more jobs, stronger real estate demand, and elevated status as a preferred GCC destination.

Infosys to Scale Up Vizag Operations, to Set Up 7000 Seater Campus on 20 Acre Campus in Vizag

Visakhapatnam is rapidly emerging as one of India’s most promising IT destinations, powered by a strong local talent base and a maturing ecosystem that is increasingly attracting global technology investments. Reinforcing this trend, Infosys has been allotted 20 acres of land in Vizag to set up a 7000 seater facility.

Infosys in Vizag

Over the last two years, Infosys has scaled its workforce in Visakhapatnam from 250 employees in early 2024 to nearly 1,900 currently, with an additional 750 seats set to become operational in the near term. The company has also outlined plans for a permanent 20-acre campus, with a long-term seating capacity of 7,000 professionals - demonstrating strong confidence in the region’s long-term potential.

A defining feature of this growth is the deep integration with the local talent ecosystem. The Visakhapatnam campus has recruited over 1,000 freshers and 500 lateral hires from the region, reflecting the availability of industry-ready talent and the success of Andhra Pradesh’s focused skilling and industry-aligned education initiatives.

The Government of Andhra Pradesh has played a proactive role in enabling this transformation. Through progressive policies such as IT & GCC and LIFT, coupled with industry-academia collaboration, robust infrastructure support, and employee-friendly urban mobility solutions, the state has created an enabling environment for IT companies to scale seamlessly.

Ecosystem led approach

This ecosystem-led approach is helping reverse the long-standing trend of talent migration, positioning Visakhapatnam not just as a source of skilled professionals, but as a destination where global companies can build and retain high-quality teams.

Shri Nara Lokesh, Minister for IT, Electronics & Education, Government of Andhra Pradesh, said: “The growth of Visakhapatnam as an IT hub is a direct reflection of the strength of our local talent and the ecosystem we are building around it. For years, our youth have powered global technology companies from across the world. Today, that same talent is choosing to build their careers here in Andhra Pradesh. Our vision is to create a vibrant, talent-first ecosystem where industry, academia, and government work in synergy. The expansion of Infosys in Visakhapatnam is a strong validation of this approach and reinforces our commitment to transforming Andhra Pradesh into a global hub for technology and innovation.”

As Andhra Pradesh continues to strengthen its position in the IT and digital economy landscape, Visakhapatnam’s rise - anchored in talent and ecosystem development -offers a compelling model for the next phase of India’s technology-led growth.

Amazon Opens Its Second Largest Office in Asia in Bengaluru

• Campus officially inaugurated by Dr. MB Patil, Minister for Large & Medium Industries and Infrastructure Development, Government of Karnataka.

Amazon today announced the opening of its second largest office in Asia in Bengaluru. The 1.1 million square feet, 12-storey campus will support over 7,000 employees across ecommerce, operations, payments, technology, and seller services in India. Built on a five-acre site approximately 15 kilometres from Kempegowda International Airport, the corporate building was officially inaugurated by Dr. M.B. Patil, Minister for Large & Medium Industries and Infrastructure Development, Government of Karnataka.

The new corporate building has been thoughtfully designed to bring teams together at scale and enable collaboration, flexibility, learning, and wellbeing. The launch of this new campus is part of Amazon’s continued investments in India. The company has already invested over $40 billion in India and has committed to invest an additional $35 billion in India by 2030.

According to Dr. M.B. Patil, Minister for Large & Medium Industries and Infrastructure Development, Government of Karnataka, “Amazon’s continued investment in Bengaluru reflects India's growing role as a global technology and innovation hub. Large-scale campuses like Amazon’s new campus create high-quality jobs, strengthen local ecosystem, and support India's digital economy. We welcome investments that build long-term capability and create opportunity for our workforce.”

According to Samir Kumar, Country Manager Amazon India, "India continues to be a long-term priority for Amazon, and Bengaluru has played a central role in our journey here. Over the years, the city has been home to some of our earliest technology and business teams, and today it remains a key hub for innovation and talent. We are grateful to Dr. M.B. Patil for joining us to inaugurate this campus and for Government of Karnataka’s continued support. As we build for customers in India and around the world, we remain committed to investing in infrastructure, technology, and talent for the long term."

The campus brings together adaptable workspaces and collaborative zones organised into self-sustaining neighbourhoods with meeting rooms, huddle spaces, breakout areas, and event spaces that can host more than 200 people. Employees have access to dedicated recreation facilities including basketball and pickleball courts, an amphitheater, landscaped lawns, and outdoor community spaces. Cafeterias across two floors serve a range of global cuisines.

Amazon’s new campus represents progress in our effort to reduce carbon across our corporate office portfolio, aligned with Amazon’s goal of reaching net-zero carbon by 2040 under The Climate Pledge. The project incorporates strategies such as responsible material sourcing, reuse of office assets, and high-efficiency systems that are intended to reduce embodied and operational carbon.

Amazon in Karnataka

Amazon has significant presence in Karnataka with ten corporate offices, seven fulfillment centers, three sort centers, over 130 last mile delivery stations, and a robust network of micro-FCs for Amazon Now across Bengaluru. Additionally, over 80,000 sellers from Karnataka are already selling on Amazon.in.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit www.aboutamazon.in

Google Parent Alphabet Doubles Down on India with Mega Bengaluru Hub

Google’s parent company, Alphabet inc. , is making one of its biggest bets in India yet, with a massive Bengaluru expansion that could add up to 20,000 jobs and more than double its footprint in the country. The company has leased one office tower and secured options on two more in Alembic City, Whitefield, Bengaluru totaling about 2.4 million square feet.

Key Highlights of Alphabet’s Bengaluru Expansion

• Location: Alembic City, Whitefield technology corridor, Bengaluru
• Scale: ~2.4 million sq. ft. across three towers
• Jobs: Up to 20,000 new positions expected, significantly boosting India’s tech workforce
• Timeline: First tower opening to employees in the coming months; additional towers under option for future growth
• Strategic Context: Expansion comes as U.S. visa restrictions push Alphabet to grow talent bases abroad, with India emerging as a critical hub

Why Bengaluru?

• Tech Ecosystem Strength: Bengaluru is India’s leading tech hub, home to startups, IT majors, and global R&D centers.
• Talent Pool: Large base of engineers, developers, and AI specialists.
• Infrastructure: Whitefield corridor offers modern office complexes, connectivity, and proximity to other multinational campuses.
• Policy Environment: India’s push for digital transformation and AI adoption aligns with Alphabet’s global strategy.

Impact on India’s Tech Landscape

• Job Creation: 20,000 roles could range from engineering and AI research to cloud services and support.
• AI & 5G Integration: Expansion coincides with India’s 5G rollout, positioning Alphabet to lead in AI-driven workloads and edge computing.
• Global Strategy: Strengthens India’s role as a key offshore base for Alphabet amid tightening U.S. immigration policies.
• Local Economy: Boosts Bengaluru’s commercial real estate market and reinforces its status as a global innovation hub.

Comparison: Alphabet’s India Footprint vs. Global Strategy

Region	Expansion Focus	Scale	Strategic Driver
India (Bengaluru)	AI, Cloud, Workforce	2.4M sq. ft., 20K jobs	Talent availability, visa restrictions
US (HQ)	AI R&D, Cloud infra	Existing campuses	Core innovation, leadership
Europe (Dublin, Zurich)	Cloud services, Ads	Smaller expansions	Regulatory compliance, EU market
Asia (Singapore)	Regional HQ	Limited	Southeast Asia market access

Risks & Considerations

• Talent Competition: Bengaluru’s tech talent is in high demand; Alphabet will compete with Amazon, Microsoft, Infosys, and startups.
• Real Estate Costs: Large-scale leasing could drive up commercial rents in Whitefield.
• Policy Shifts: India’s evolving data protection and AI regulations may affect operations.
• Global Dependencies: Expansion partly driven by U.S. visa restrictions—future policy changes could alter strategy.

Infosys Expands Into Switzerland to Drive AI-Led Enterprise Growth

Infosys has officially expanded its European presence by opening a new office in Zurich, Switzerland, aimed at accelerating enterprise adoption of AI and digital transformation solutions. This move strengthens Infosys’ footprint in the region and supports Swiss businesses in their AI-driven growth journeys.

Key Highlights of Infosys’ Zurich Expansion

• New Zurich Office: Positioned to serve as a hub for enterprise AI journeys and digital innovation.
• Strategic Goal: Accelerate adoption of Infosys Topaz, the company’s AI-first suite leveraging generative AI technologies.
• Local Impact: Supports Swiss enterprises in sectors like banking, telecom, and manufacturing.
• European Growth: Part of Infosys’ broader strategy to deepen its presence across Europe.

Why Zurich?

• Financial & Tech Hub: Zurich is Switzerland’s largest financial center and a growing technology hub.
• Talent Pool: Access to highly skilled professionals in AI, data science, and enterprise IT.
• Client Proximity: Close to major Swiss corporations, including banks, insurers, and telecom providers.

Partnerships & Collaborations

• Infosys has expanded collaboration with Sunrise, Switzerland’s second-largest telecom operator, to integrate AI and analytics solutions.
• The Zurich office will likely serve as a base for such partnerships, enabling co-innovation with Swiss enterprises.

Strategic Importance

Factor	Impact
AI Adoption	Helps Swiss companies accelerate digital transformation with Infosys Topaz.
European Expansion	Strengthens Infosys’ footprint in continental Europe.
Client Engagement	Provides closer proximity to Swiss and EU clients.
Innovation Hub	Supports co-creation of AI-driven solutions with local partners.

Risks & Considerations

• Competition: Zurich hosts many global IT consultancies, so Infosys must differentiate with AI-first offerings.
• Regulatory Landscape: Switzerland’s strict data privacy and compliance standards require Infosys to adapt its AI solutions carefully.
• Talent Retention: High demand for AI talent in Zurich may pose recruitment challenges.

Bottom Line: Infosys’ new Zurich office is a strategic move to cement its role as a leader in AI-driven enterprise transformation in Europe. It positions Infosys to compete strongly in Switzerland’s digital economy while expanding its global innovation network.

Bain Capital-Backed Novopor Expands US Footprint with FAR Chemical Acquisition

Novopor Advanced Science Private Limited, a Bain Capital portfolio company and global performance chemicals and material science CDMO, today announced its acquisition of FAR Chemical, a US-based leader in custom and complex specialty chemical manufacturing focused on Electronics, Aerospace & Defense, Coatings & Adhesives and other Specialty Chemicals, from its US parent CPS Performance Materials Group.

The acquisition of FAR Chemical is a key milestone in Novopor’s strategy to build an integrated specialty chemical platform that delivers end-to-end solutions to customers ranging from early-stage process development to commercial scale manufacturing. Integrating FAR Chemical’s deep expertise in complex chemistries and attractive end markets complements Novopor’s existing capabilities and expands its US presence.

“FAR Chemical’s deep expertise in differentiated, complex chemistries and long track record of working with global performance chemical and material science companies make it a strategic fit with Novopor’s mission to drive innovation and deliver custom solutions. This acquisition enhances our ability to support a broader range of chemistries, accelerate time-to-market for new products, and strengthen our presence in key high-growth markets,” said Radhesh Welling, MD of Novopor Advanced Science Private Limited.

“FAR Chemical is a respected operator with a proven track record in complex specialty chemical manufacturing. The combination of FAR Chemical with Novopor strengthens the platform’s technical depth, geographic reach, and ability to support customers across the full product lifecycle. This investment underlines our continued commitment to building market-leading businesses through strategic acquisitions and operational excellence,” said Saahil Bhatia, Partner of Bain Capital.

“FAR Chemical and CPS Performance Materials have established a differentiated platform grounded in deep technical expertise, an uncompromising commitment to safety, and a strong track record of delivering innovative solutions for customers with unique and challenging development needs,” said Justin O’Connor, President of FAR Chemical. “This partnership strengthens our ability to invest in advanced capabilities while maintaining the highest standards of safety and operational discipline and enhances our ability to support customers seamlessly from development through commercial-scale manufacturing. We are proud to join Novopor in building a platform defined by technical excellence, a safety-first culture, and an unwavering commitment to our customers.”

Novopor Advanced Science, backed by Bain Capital, has been executing a strategy of targeted investments and acquisitions to expand its global footprint and technical portfolio. In 2025, Novopor acquired Pressure Chemical Company, a Pittsburgh-based specialty chemical and high-pressure chemistry expert, broadening its development-to-manufacturing capabilities and reinforcing its presence in the US market. Additionally, Novopor inaugurated a state-of-the-art Pilot Plant Facility in Visakhapatnam, designed to bridge early-stage R&D with commercial-scale production and accelerate innovation across agrochemicals, performance materials, and specialty chemicals.

KPMG served as financial advisors, Alvarez & Marsal served as technical advisors, and Honigman LLP, Khaitan & Co and Clifford Chance LLP served as legal advisors to Novopor. Raymond James, Forvis Mazars and Thompson Hine LLP served as advisors to FAR Chemical.

About Novopor Advanced Science Private Limited

Novopor, a Bain Capital portfolio company, is a performance chemicals and material science leader focused on enabling sustainable innovation through strategic partnerships. The company collaborates with leading global customers across agrochemicals, performance chemicals, and material science, providing solutions from development through commercial manufacturing. Novopor operates state-of-the-art R&D and innovation centers in Hyderabad and manufacturing sites in Andhra Pradesh and Gujarat, India.

About FAR Chemical

Founded in 1982 and headquartered in Palm Bay, Florida, FAR Chemical has a distinguished history of operating for over 40 years in delivering high-quality specialty and fine chemical products and services to customers across multiple industries, including pharmaceuticals, advanced materials, coatings and adhesives, electronics, and industrial specialties. The company is recognized for its expertise in complex and hazardous chemistry, custom and toll manufacturing, chemical development, repackaging, and analytical support.

FM Expands India Presence with New Mumbai Office, Strengthening Risk & Reinsurance Ecosystem

FM, one of the world’s leading commercial property insurers, today announced the opening of its new office in Mumbai, India’s financial capital, further deepening the company’s commitment to the country’s growing risk management and (re)insurance ecosystem. The move reinforces FM’s belief in India’s rising role in shaping global standards of enterprise resilience, engineering excellence, and sustainable growth.

FM commemorated the launch with a ribbon-cutting ceremony attended by FM leadership, alongside key brokers, partners, and clients from across the region.

India represents a critical focus area in FM’s strategy to support its clients. The new FMIC Mumbai reinsurance sales office highlights FM’s long-term investment in India’s enterprise risk landscape, providing additional local presence. The Mumbai team will collaborate closely with brokers and partners to enhance risk understanding and management practices.

Our growing operations in India reflect both a global and local commitment. By combining world-class expertise with on-the-ground engagement, we aim to deliver lasting value for our clients and contribute to India’s resilience journey, said Greg Duncan, regional head (South Asia).

In addition to expanding its footprint of the FMIC reinsurance sales office in Mumbai, FM is also investing in innovation and technology development in India. FM recently opened a global capability centre in Bengaluru as part of its expansion in India, a hub for research, analytics, and engineering excellence, further strengthening FM’s global capabilities while supporting India’s growing talent ecosystem.

India’s evolving economy and the increasing complexity of risks, ranging from climate volatility and supply-chain fragility to cyber-physical exposures, are placing resilience at the centre of boardroom discussions, added Srini Krishnamurthy, senior vice president, FM operations India. FM’s mission is to help Indian businesses become more resilient, support the country’s continued growth through engineering excellence and data-driven insights, and establish strong local partnerships.

About FM

Established nearly two centuries ago, FM is a leading mutual insurance group whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

Tata Steel Board Clears Multi-Billion Expansion, Bets on Low-Carbon Future

Tata Steel Board in its meeting today affirmed the long-term growth strategy for India business and considered several options and proposals, some of which is disclosed below. In line with stated objective of pursuing prudent capital allocation and profitable growth, Tata Steel will prioritize investments in the following areas

a) Investment in the volume growth

b) Investment in value added downstream portfolio

c) Investment in identified mining assets and infrastructure to serve the needs of the India business and, 

d) Invest in new to the world low carbon low capital intensity process technologies for sustainable steel making of the future.

1. The Board has accorded in-principle approval for the 4.8 MTPA capacity expansion at Neelachal Ispat Nigam Limited. This is Phase 1 of the capacity expansion in NINL and will enable Tata Steel to further expand the long products portfolio especially in the highly profitable retail space and capitalize on the growth of construction sector in India through new products and solutions.
2. As part of further enhancing the finished steel capacity in the flats products, the Board has approved the funds required to undertake the design and engineering work to set up of a 2.5 million tons Thin Slab Caster and Rolling facilities at Tata Steel Meramandali and also progress on seeking all regulatory approvals for the expansion. This will expand the finished steel capacity particularly of thinner gauge products by 2.5 MTPA.
3. Tata Steel has been steadily expanding its downstream facilities across various product lines to serve the needs of its customers. In line with this strategy and following the recent decision to consolidate the holdings in Tata Steel BlueScope Private Limited, Joint Venture in the color coated business for construction, the Board today approved the plan to set up a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line (HRPGL) at its existing Cold Rolling Complex in Tarapur, Maharashtra. This will be ‘first of its kind’ facility in India and will enable Tata Steel to meet the requirements of its automotive customers for import substitution and further consolidate its leadership position in this segment.
4. As Maharashtra aims to grow to a USD 1 trillion economy in the near future and to cater to the growing demand of customers in Western and Southern India, Tata Steel has signed a MoU with Lloyd Metals & Energy Ltd to partner in the areas of iron ore mining, logistics including slurry pipeline, pellet and steel making. Both companies will jointly explore the following opportunities in the Gadchiroli district of Maharashtra,
1. Operate mining concessions and associated infrastructure, with the objective to increase iron ore production and be a prominent player in this growing region developing as a new iron ore hub of India,
2. Development of a greenfield 6 million tons steel capacity by Tata Steel in two phases and
3. Strategic cooperation in the proposed integrated steel projects already being developed by Lloyds Metals & Energy Limited (LMEL) in Gadhchiroli. All proposed initiatives are subject to further detailed evaluation, due diligence, and receipt of requisite internal and regulatory approvals.
5. Tata Steel has also signed definitive agreements to acquire 50.01% stake in Thriveni Pellets Private Limited (TPPL), subject to regulatory approvals. TPPL owns 100% stake in Brahmani River Pellet Limited (BRPL), which operates a 4 MTPA pellet plant at Jajpur, Odisha along with a 212 Kilometer slurry pipeline. LMEL holds the balance 49.99% stake in TPPL.
6. Tata Steel has been operating its pilot plant on HIsarna technology for a decade in its Ijmuiden plant. HIsarna technology is a low carbon technology that uses inferior quality iron ore, eliminates the usage of coke and also uses steel slag in its process, hence making it a sustainable technology for the future. In the last couple of years, Tata Steel along with a large global steel company has been jointly running trials in the IJmuiden Pilot Plant. The Board today reviewed the progress of the trials, reviewed the scalability opportunities of the technology and have given the approval to commence engineering work and to commence regulatory approval process to set up a demonstration plant around 1 MTPA capacity in Jamshedpur. Tata Steel owns the global intellectual property rights of the HIsrana process technology, and this is one of the key focus areas in the new technology space for the Company.

Atmanirbhar Bharat Milestone: Godrej’s MPR System Earns CE Mark for Global Standards

• Godrej Enterprises Group’s Storage Solutions business earns CE certification for Mobile Pallet Racking system

In a significant milestone, the Storage Solutions business of Godrej Enterprises Group has received the prestigious Conformité Européenne (CE) certification from TÜV NORD for its indigenously developed Mobile Pallet Racking (MPR) System. This recognition reinforces the system’s compliance with stringent European safety and quality standards and highlights India’s growing capability in delivering globally Bench marked engineering solutions.

Designed and manufactured in-house, the Mobile Pallet Racking System is a high-density, high-performance storage solution that eliminates fixed aisles to maximise warehouse capacity while ensuring selective pallet access. Built on mobile bases that glide effortlessly along floor-mounted rails, the system delivers superior space optimisation and operational efficiency. The CE certification confirms adherence to the European Machinery Directive and Electromagnetic Compatibility Directive, underscoring the system’s reliability, safety, and engineering excellence.

Mobile Pallet Racking system by Godrej Enterprises' Storage Solutions business

Mr. Vikas Choudaha, Business Head, Storage Solutions, Godrej Enterprises Group, said, “This certification reinforces our commitment to innovation, quality, and self-reliance. By engineering a world-class solution in India that meets rigorous international standards, we are enabling Indian industries to optimise their operations and demonstrating the growing global competitiveness of Indian manufacturing. This milestone reflects our belief in Atmanirbhar Bharat and our aspiration to contribute meaningfully to India’s leadership in intralogistics and advanced storage technologies.”

The CE mark opens new global opportunities for the MPR System, streamlining procurement and regulatory approvals in international markets, particularly across Europe and other CE-compliant regions. It also assures customers of the system’s performance in demanding industrial environments, backed by rigorous testing and technical validation. For global and domestic clients alike, the certification enhances trust, credibility, and ease of adoption.

Anthropic Taps India’s AI Boom: Bengaluru Launch and Reliance Talks Underway

Anthropic is making a major move into India with plans to open its first office in Bengaluru and explore a strategic partnership with Reliance Industries.

Notably, India is already Claude’s second-largest market by traffic and usage. Anthropic is exploring a strategic partnership with Reliance Industries to integrate Claude into the conglomerate’s digital ecosystem.

CEO Dario Amodei is also scheduled to meet senior government officials, including Prime Minister Narendra Modi.

Anthropic's India Expansion

• Bengaluru Office: According to the reports, Anthropic will establish its first India office in Bengaluru, marking its second Asia-Pacific location after Tokyo. The launch is expected to be officially announced this week.
• Focus Areas: The Bengaluru office will target developers, startups, and enterprise clients, supporting AI deployment in sectors like education, healthcare, agriculture, and IT services.
• India's Role: India is now Claude’s second-largest market by traffic and usage, with over 767,000 app downloads and a 572% year-over-year increase in consumer spending.

Partnership with Reliance Industries

• Strategic Talks: CEO Dario Amodei is in India to meet Mukesh Ambani and senior Reliance executives in Mumbai. The goal is to expand Claude AI’s reach through Reliance’s digital ecosystem, including Jio platforms.
• Reliance Intelligence: In August, Reliance launched a new AI division focused on infrastructure and enterprise solutions, already collaborating with Google and Meta.

Government Engagement

• Policy Outreach: Amodei is also meeting top Indian government officials, including a possible meeting with Prime Minister Narendra Modi, signaling long-term ambitions in India’s AI ecosystem.

The news about Anthropic opening its first India office in Bengaluru and exploring a partnership with Reliance Industries was first reported by TechCrunch. Multiple outlets including MSN, India Today, and Livemint cited TechCrunch as the original source of the report.

Accenture Expands Infrastructure Advisory with Planned Acquisition of France’s Orlade Group

Accenture (NYSE: ACN) has announced its intent to acquire French Orlade Group (“Orlade”), which provides advisory and project management services for capital projects through its subsidiaries, which include Op2 and pmO. The acquisition would significantly expand Accenture’s capabilities to help clients optimize their investments in large-scale, long-term projects, such as nuclear power plants, power grids, rolling stock, defense systems and space launch systems.

Op2‘s services include advising clients on how they can organize and execute capital projects more successfully with lead time reduction expertise, key best practices for large-scale project management and predictive data-driven models. pmO’s project management processes and tools help clients deliver capital projects on time and on budget.

Orlade and its subsidiaries would bring approx. 200 professionals, most of which are based in Paris and Bordeaux. The company’s international locations include Montréal (Canada) and Brisbane (Australia). Their teams would join Accenture’s infrastructure and capital projects practice within Industry X.

Accenture’s planned acquisition would come at a time in which organizations developing capital projects are facing many challenges, ranging from increased scrutiny from stakeholders to supply chain issues to staffing shortages to cybersecurity risks. As a result, only 6% of organizations surveyed deliver projects on or ahead of schedule. Two-thirds miss their targets, adding an average of 29% in labor costs and penalty fees to the bill, research from Accenture shows.

Koen Deryckere, Accenture France & Benelux market unit lead, said: “This acquisition would strengthen our position in France and boost our ability to help clients reinvent how they plan and execute large-scale projects in the energy, utilities, rail, aerospace and defense sectors. It would enhance our capital project management expertise, from advisory to execution, and leverage advanced technologies like generative AI to drive large-scale, responsible transformation.”

Flavien Parrel, who leads Accenture Industry X for France and Benelux, added: “Orlade is an experienced leader in helping organizations successfully plan and execute complex industry projects. Their team‘s expertise would complement our leadership in digital and technology, where generative AI offers immediate productivity gains to our capital projects clients in areas such as data compilation, analysis, and the production of technical deliverables.”

Orlade was founded in 2005 by Pascal Oriot, Sylvain de Robert and Frederic Laforce. In a joint statement, they pointed out that Orlade’s expertise in the full lifecycle of capital projects in industrial sectors, combined with Accenture’s leadership in digital and AI, would create a unique capability to deliver future standout projects for clients. Together, both companies could help clients navigate complexity with clarity, bold thinking and a clear focus on delivery.

Accenture has been scaling its capabilities for helping clients with their infrastructure and capital projects in Europe and North America continuously over the past two years. Earlier in 2025, it acquired construction consultancy Soben in Scotland and engineering managed services company IQT Group in Italy. In 2024, it bought BOSLAN, a management services provider for net-zero infrastructure in Spain. In 2023, US advisory and management company Anser Advisory and Canadian consulting and program management company Comtech became part of Accenture.

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.

Felicity Sets Up Singapore HQ to Boost Game-Tech Expansion Across APAC

Felicity, an AI enabled game-tech company known globally for publishing high performing gaming titles, recently announced its expansion to Singapore with Felicity Labs Pte. Ltd. The company will focus on upcoming acquisitions and operations in the region with an aim to target 2X growth by March 2026.

With the Singapore entity established as its new Southeast Asia (SEA) headquarters, Felicity is poised to double its scale in the region through expanded studio partnerships and targeted growth initiatives. The new entity will play a pivotal role in increasing the regional user base to over 2 million, with a strategic focus on high-growth markets such as Vietnam and Thailand.

This regional structure strengthens Felicity’s access to one of the world’s fastest-growing game development ecosystems, enabling deeper collaboration with developers and creators, having already established a strong gamer base in the US. The new move also positions the company to better serve a rapidly diversifying user base, supporting its broader goal of achieving 2x global growth.

Felicity will also invest $1 million over the next 12–18 months towards building a robust leadership team, expanding its talent pool, and deepening market penetration across APAC. With presence in India, Türkiye, and now Singapore, the company aims to further acquire IP’s, expand talent and player base in new geographies with senior strategic leads focused on product innovation and cross-border partnerships, as well as the formation of a regional developer network.

Felicity has successfully raised a total of $3.7 million across two funding rounds, marking a strong start to its global journey. The company secured $700K in its pre-seed round from DeVC, Swiggy founders, Kunal Shah, and other marquee angels. Building on this early momentum, Felicity recently closed a $3M seed round led by 3one4 Capital, MIXI Global, and T-Accelerate Capital.

Anurag Choudhary, Founder & CEO of Felicity

Anurag Choudhary, Founder & CEO of Felicity, said,

APAC is home to 1.5 billion gamers and a $70B market becoming one of the fastest growing regions globally. and we see this as a pivotal opportunity to build the future of gaming in the region. This expansion with Singapore, will strengthen our ability to engage with local talent, partners, and communities in a region that has immense potential and is at the forefront of gaming innovation.

About Felicity

Felicity is an AI-native game company creating and acquiring high-performance games for the next decade. With proprietary SDKs, generative AI stacks, and an expanding global team, Felicity powers a new era of forever gaming across platforms.

Adani Group Pledges $10 Billion Investment in Vietnam, Eyes Ports, Power & Digital Expansion

In a bold move that underscores its global ambitions, the Adani Group has committed up to $10 billion in long-term investments across Vietnam, spanning infrastructure, energy, logistics, and digital technology. The announcement was made during a high-level meeting between Adani Chairman Gautam Adani and Vietnamese Communist Party General Secretary To Lam in Hanoi.

The investment marks one of the largest foreign commitments in Vietnam’s recent history and signals a deepening of the India–Vietnam Comprehensive Strategic Partnership, originally established in 2016.

Strategic Focus Areas

Adani’s investment blueprint includes:

• Infrastructure: Development of seaports, airports, and transport corridors
• Energy: Renewable and thermal power projects, national grid upgrades
• Logistics: Smart warehousing and supply chain hubs
• Digital Technology: AI-driven platforms, smart city infrastructure, and digital transformation initiatives

The group has already received in-principle approval for a $2 billion deep-sea port project in Da Nang, and is exploring additional ventures such as the Vinh Tan 3 Thermal Power Plant and airport development projects.

Adani has extensive experience in operating large-scale projects across ports, airports, logistics, energy, and digital tech. We are ready to contribute to Vietnam’s development – said Gautam Adani.

Vietnam welcomes Adani’s long-term investment and will provide favorable conditions for its operations,” affirmed General Secretary To Lam.

The Vietnam commitment comes amid Adani’s broader $100 billion domestic investment plan in India, and follows recent setbacks in the US and Kenya due to legal investigations. The move signals a strategic pivot toward Southeast Asia, where Vietnam’s pro-business reforms and digital ambitions align with Adani’s growth trajectory.