Through this program, Mphasis has been actively collaborating with Nasscom’s InnoTrek participants, particularly US-based startups, by offering mentorship, enterprise solution guidance, and customer access. In the 2025 edition, Mphasis partnered with five standout startups from the InnoTrek cohort, namely Edgeable AI, Perpetuuiti Technosoft, QuoQo, and SuperBryn AI, helping them refine their offerings and connect with enterprise clients worldwide.

Mphasis will be working closely with these startups to co-create enterprise-grade solutions by providing technical mentorship, refining their go-to-market strategies, and facilitating access to global enterprise clients. Their key focus areas include Edge AI, IT resiliency, and automation powered by AI, AI-led contract management, and voice-based AI operations.

“At Mphasis, we develop our solutions in-house while actively seeking innovative partnerships, particularly with startups that address region-specific challenges. In a world where speed and agility are crucial, this dual approach enables us to deliver faster, more effective solutions to our clients. In September, we hosted the 2025 edition of Nasscom’s InnoTrek for startups in New York. InnoTrek enables us to explore opportunities to partner, share expertise, and extend support while continuing to strengthen our engagement with the broader innovation ecosystem. We value our ongoing collaboration with Nasscom on InnoTrek and look forward to engaging with this year’s startup cohort,” said Srikumar Ramanathan, Chief Solutions Officer, Mphasis.

“Nasscom’s DeepTech startups have consistently raised the bar on innovation, building solutions that are globally relevant and industry-defining. Programs such as InnoTrek exemplify the power of industry–startup partnerships, where enterprises and startups come together to co-create, mentor, and accelerate breakthrough technologies. Collaborations like these are critical for strengthening the deep tech ecosystem, enhancing innovation capabilities, and encouraging more startups to develop enterprise-ready solutions tailored to sectoral needs. We congratulate the startups on this milestone and their partnership with Mphasis in driving enterprise-focused innovation,” said Sangeeta Gupta, Senior Vice President & Chief Strategy Officer, Nasscom.

Mphasis continues its collaboration with Nasscom for InnoTrek 2025, evaluating and selecting promising startups to induct into the Sparkle Innovation Program. These startups will receive hands-on guidance in product positioning, go-to-market strategies, and enterprise client engagement, accelerating their journey to becoming global technology leaders.

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VISAKHAPATNAM: Godrej Agrovet Limited (Godrej Agrovet), one of India’s largest diversified agri-food businesses, today signed a non-binding Memorandum of Understanding (MoU) with the State Government of Andhra Pradesh (AP). Under this MoU, the company would be investing INR 70 Crore to expand the dairy processing and value-added product capacities in its dairy business and set up new Samadhan Centers – a one-stop solution center for Oil Palm Farmers.

The MoU was signed in the presence of Shri Nara Chandrababu Naidu Garu, Hon’ble Chief Minister of Andhra Pradesh; Sunil Kataria, MD & CEO, Godrej Agrovet, and Rakesh Swami, Group President – Corporate Affairs, Godrej Industries Group.

Commenting on the occasion, Shri Nara Chandrababu Naidu Garu, Hon’ble Chief Minister of Andhra Pradesh, said, “Strengthening the agri-food processing sector is imperative for farmers of our soil to prosper. In sync with the same, we are delighted to partner with Godrej Agrovet, a strong and reliable partner. I am confident that this partnership will not only help strengthen our agricultural ecosystem but also create sustainable livelihoods for the community at large while driving economic growth.”

Sunil Kataria, CEO & MD, Godrej Agrovet, said, “We are grateful to the government of Andhra Pradesh for fostering an ecosystem that supports businesses and uplifts communities. Today’s MoU is a testimony to our intent to strengthen our agri-food processing capabilities while continuing to empower farmers. With a strong legacy of innovation in food processing, our mission remains to advance India’s nutrition landscape and contribute to the growth of the agri-economy.”

Godrej Agrovet’s wholly owned subsidiary, Creamline Dairy Products Limited, which sells products under the brand name Godrej Jersey, will be expanding its dairy processing and value-added products capacities in three phases.

The company’s oil palm business, the largest oil palm processor in India and working directly with the farmers for the entire lifecycle of the crop, will be establishing five new Samadhan Centers. Samadhan is a one-stop solution centre that would provide a comprehensive package of knowledge, tools, services, and solutions to oil palm farmers.

Rakesh Swami, Group President – Corporate Affairs, Godrej Industries Group, said, “Andhra Pradesh has been a key state for Godrej Industries Group, playing a pivotal role in our growth across sectors. The signing of this MoU reflects the State’s speed of doing business and partnership-oriented approach, notably through its streamlined approvals process and investor-friendly policies. We look forward to contributing to Andhra Pradesh’s growth story and remain committed to expanding our group’s footprint across consumer, real estate, and finance businesses too.”

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The MoU was signed by Mr Srivatsan Iyer, Global CEO, Hero Future Energies, in the presence of Sri N. Chandrababu Naidu, Hon’ble Chief Minister of Andhra Pradesh, Sri K. Vijayanand, IAS, Chief Secretary, Govt of AP, Dr M. Kamalakar Babu, Vice Chairman & MD, NREDCAP, Govt of AP and Sri C.M. Saikanth Varma, IAS, CEO, AP Economic Development Board and Mr Rahul Munjal, Founder & CMD, Hero Future Energies and senior officials from both sides at Visakhapatnam, on the sidelines of the AP Govt – CII Partnership Summit. Under the agreement, HFE will establish the renewable energy generation projects in two phases, creating over 15,000 direct and indirect jobs in total.

As part of the MoU, HFE will leverage its expertise in renewable energy technology, design, and implementation to set up the projects in a time-bound manner. Hon’ble CM of Andhra Pradesh assured HFE Chairman that NREDCAP and APEDB will facilitate necessary assistance to enable project development, including coordination with relevant departments of the Government of Andhra Pradesh and the Union Government of India for required approvals and support. In response, HFE Chairman and Managing Director, Mr. Rahul Munjal, informed the Hon’ble Chief Minister that HFE will invest an additional INR 15000 crore in renewable energy projects in the state, taking the total value of the current proposed investments to INR 30,000 crores.

Speaking on the occasion, Rahul Munjal, Founder and CMD, Hero Future Energies, said, “This partnership marks more than an investment—it’s a step towards redefining how States and private enterprise can jointly drive India’s clean energy transition. Andhra Pradesh’s proactive policy environment and strong infrastructure make it a top priority investment destination.”

Srivatsan Iyer, Global CEO, Hero Future Energies, said, “The proposed projects are proving ground for complex renewable ecosystems that combine scale, innovation, and impact. Through this MoU, we are adding 4 GW of green capacity and also setting in motion a model of sustainable industrial growth that generates long-term employment, attracts ancillary industries, and strengthens the AP’s role in India’s decarbonisation journey.”

The MoU will remain valid for a period of 12 months from the date of signing and aims to enable swift project commencement and investment facilitation in the renewable energy sector of Andhra Pradesh.

Hero Future Energies (HFE) is rapidly positioning itself as a powerhouse in India’s clean energy ecosystem, scaling an integrated portfolio that spans solar, wind, hybrid systems, and green hydrogen. Building on its proven track record in hybrid and advanced renewable solutions, the company has recently secured major MoUs — including one with the Government of Karnataka for a ₹11,000 crore investment in renewables and green hydrogen, and financing support of ₹1,024 crore from the State Bank of India for a 60 MW hybrid solar-wind-storage project in Andhra Pradesh. These commitments reflect HFE’s strategic shift beyond conventional generation into firm, dispatchable renewable energy and decarbonisation of hard-to-abate sectors, with a growing international footprint across Europe and Southeast Asia. Backed by marquee investors like KKR and the International Finance Corporation (IFC), HFE is driving expansion through technology integration, geographic diversification, and complex project structuring—cementing its role as a front-runner in India’s energy transition.

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MUMBAI: Tally Solutions, a leading technology player in the Business Management Software (BMS) ecosystem, today announced the integration of NPCI Bharat BillPay Ltd. NBBL’s Bharat Connect for Business platform into TallyPrime. This integration creates an interoperable, connected environment where businesses can manage invoicing, supplier interactions, collections, payments, and reconciliations more efficiently, improving their cash flow and reducing delays and streamlining operations.

This integration will further enhance the efficiency of businesses in managing their financial workflows. By facilitating and streamlining time-sensitive tasks, businesses will benefit by saving valuable time while scaling growth. Some of the features include:

• Seamless ERP-to-ERP Invoice Exchange, where invoices move directly between systems, reducing manual effort and errors
• Automatic recording of supplier invoices -ensures consistency and saves time.
• Instant notifications on customer payments for timely financial tracking.
• Automated AR & AP Reconciliation: Streamlines receivables and payables, improving accuracy and cash flow visibility.

Elaborating on the collaboration, Noopur Chaturvedi, MD & CEO, NPCI Bharat BillPay Ltd., said, “Bharat Connect for Business is designed to empower all businesses through a frictionless and interoperable infrastructure. Through this integration, MSMEs onboarded by Tally can now operate in a more connected environment where invoices, payments, and reconciliations work hand in hand. This collaboration will accelerate the adoption of digital practices while enabling a unified experience across the entire ecosystem of businesses, banks, and customers.”

Speaking on the collaboration, Tejas Goenka, Managing Director, Tally Solutions, said: “At Tally, our mission has always been to simplify business for SMEs. The integration with Bharat Connect for Business is another step in that direction, allowing businesses of all sizes to benefit from a truly connected and seamless way to manage their transactions from invoicing to payments and reconciliation. This will significantly improve how MSMEs operate, allowing them greater control of cash flow and financial health.”

With this integration, Tally Solutions continues to strive towards its vision of connected and intelligent business solutions that support MSMEs across India in digitizing their critical processes, managing cash flow seamlessly, and staying ahead in an increasingly dynamic world today.

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PARIS: NTT DATA, a global leader in digital business and technology services, today announced a strategic partnership with Paris FC for the 2025-2026 season. In 2025, shortly after the club was acquired by the Arnault family (owners of the LVMH Moët Hennessy Louis Vuitton SE), Paris FC was promoted to Ligue 1, returning to the elite of French football.

This partnership adds to NTT DATA’s collaborations with prestigious clubs and sporting organizations such as Arsenal F.C. and INDYCAR, demonstrating its global expertise in sports and innovation.

Paris FC opens a new digital chapter

NTT DATA will support the development of an ambitious roadmap aimed at enriching supporter experience through new digital pathways, including deploying conversational agents and creating personalized content.

This will be an immersive, intelligent, and connected experience that transforms the relationship between fans and their club into a true engagement platform, opening new growth areas for Paris FC and its partners.

The partnership also aims to modernize and digitalize Paris FC’s technology infrastructure, focusing on connectivity, collaboration, innovation, and intelligent data exploitation.

“Paris FC’s promotion to Ligue 1, the arrival of a new shareholder, and our move to Jean Bouin mark a new era for the club. This partnership with NTT DATA is fully in line with this momentum: it enables us to accelerate our digital transformation to offer our supporters a modern, connected, and ambitious experience,” commented Pierre Ferracci, President of Paris FC.

A strategic partnership for a modern, connected, and engaged club

Beyond technology, Paris FC and NTT DATA have a shared vision using football as a means to achieve diversity and inclusion alongside digital transformation, bringing communities closer together and creating high-impact experiences for fans and partners. As well as promotion to Ligue 1, Paris FC has already qualified for the UEFA Women’s Champions League 2025/2026 and established Paris FC Handifoot, a dedicated program making football accessible to players with disabilities.

“This partnership with Paris FC embodies our mission at NTT DATA: to accelerate client success and positively impact society through responsible innovation,” added Olivier Posty, SVP France Luxembourg at NTT DATA.

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This milestone reinforces Godrej’s commitment to advancing India’s aerospace manufacturing capabilities and aligns with its vision to become a key supplier to global aircraft engine OEMs. The contract will significantly expand the company’s offerings in aircraft engine applications, both in terms of technology and production volumes.

“For decades, Godrej has been at the forefront of high-precision manufacturing, contributing to India’s aerospace ambitions and self-reliance in critical technologies. This contract with Pratt & Whitney is not just a business milestone- it is a testament to India’s rising capabilities in complex aerospace manufacturing,” said Maneck Behramkamdin, Business Head, Aerospace business, a part of Godrej Enterprises Group. “By leveraging our advanced infrastructure, deep expertise, and commitment to global quality standards, we are proud to play a role in shaping the future of aviation manufacturing in India. We look forward to strengthening this relationship and expanding our footprint in the global aerospace supply chain.”

With this contract, Godrej Enterprises Group continues to expand its presence in precision aerospace manufacturing, reinforcing its role as a trusted supplier to global OEMs. Godrej Enterprises Group has a total of around 35,000 sq. meters of aerospace manufacturing capacity in India, with another 48,500 sq. meters under development. This is in line with the company’s vision to enable and elevate India’s manufacturing capabilities at a global level.

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SAN FRANSISCO, CALIFIORNIA: Qlik^®, a global leader in data integration, data quality, analytics, and artificial intelligence, today announced at Snowflake’s annual user conference, Snowflake Summit 2025, that it has been named the 2025 Data Integration Data Cloud Product Partner of the Year award winner by Snowflake, the AI Data Cloud company.

Qlik was recognized for its achievements in helping joint customers accelerate trusted, AI-ready data pipelines on the Snowflake platform. Through innovations like native support for Snowflake-managed Iceberg tables and the introduction of the Qlik Open Lakehouse architecture, Qlik empowers enterprises to scale high-volume ingestion, optimize cost and performance, and unlock greater value from SAP and other enterprise data sources.

“This award is a reflection of how well-aligned Qlik and Snowflake are in delivering modern, trusted, and governed data engineering at scale,” said David Zember, Senior Vice President of Worldwide Channels and Alliances at Qlik. “We’re proud to help customers harness more value from their SAP and operational data through faster pipelines, Iceberg optimization, and SAP data products tailored for Snowflake environments. Together, we’re redefining what’s possible with AI-ready architecture.”

“The integration between Qlik and Snowflake has transformed how we manage and operationalize data,” said Michael Benassi, Vice President of Enterprise Analytics at United Federal Credit Union. “With near real-time ingestion and streamlined engineering pipelines, we’re able to scale insights across the business and support faster, more trusted AI initiatives.”

“The transformative results Qlik has achieved for our joint customers exemplify innovation in action,” said Kieran Kennedy, Global Leader for Data Cloud Product Partners, Snowflake. “Naming them as our 2025 Data Engineering Partner of the Year is not just recognition of their technical excellence, but of their vital role in shaping how modern enterprises harness the AI Data Cloud.”

Learn more about Qlik’s data engineering and Open Lakehouse solutions for Snowflake. Check out keynotes from Snowflake Summit 2025 live or on-demand here 

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The collaboration brings together VU Dynamics’ innovation-led aerospace engineering with PATH Group’s proven executional expertise in large-scale infrastructure. By uniting complementary strengths – deep-tech product development and robust implementation capabilities, the two organizations aim to deliver high-performance, indigenous aerial systems for strategic applications, contributing to the national vision of Atmanirbhar Bharat.

Founded by Prof. Subrahmanyam Saderla, Associate Professor in the Department of Aerospace Engineering at IIT Kanpur, and Dr. Sravanthi Saderla, VU Dynamics specializes in the design and manufacturing of next-generation aerial systems for defence and civilian use. These platforms are embedded with proprietary technologies that ensure long endurance, operational simplicity, and cost efficiency developed entirely in India.

Commenting on this development, Prof. Manindra Agrawal, Director, IIT Kanpur, stated, “It is a matter of great pride that a startup incubated on campus by a young faculty member, Dr. Saderla, has attracted significant investment due to its innovative solutions in the UAV space. I am sure that this partnership will achieve great success, contributing towards our goal of creating impactful technological solutions.”

Prof. Subrahmanyam Saderla, Co-founder, VU Dynamics, remarked, “Our collaboration with PATH marks a pivotal step in scaling our aerial technologies for real-world impact. PATH’s operational depth and commitment to nation-building make them an ideal partner as we work toward strengthening India’s indigenous aerospace capabilities.”

Nitin Agarwal, Managing Director, PATH Group, said, “We’ve always admired the innovation emerging from institutions like IIT Kanpur. Taking these innovations to production scale is a major achievement. We are proud to support VU Dynamics and contribute to the national goal of technological self-reliance in defence.”

Anurag Singh, CEO, SIIC, IIT Kanpur, added, “This collaboration exemplifies the transformative potential of partnerships between startups and industry leaders. It is a powerful demonstration of how deep-tech innovation can be channelled into strategic national assets.”

This partnership, anchored by the support of SIIC, IIT Kanpur, one of India’s premier technology business incubators, demonstrates the potential of academia-industry collaborations in scaling deep-tech solutions to meet national priorities.

The PATH Group, led by Nitin Agarwal (Managing Director), Nipun Agrawal (Director), and Saksham Agrawal (Director), is a prominent player in India’s infrastructure sector. The company’s portfolio spans traditional EPC projects to modern Public-Private Partnership (PPP) models, including BOT, DBFOT, OMT, Annuity, and HAM. With operations rooted in Central India, PATH’s expertise covers the complete infrastructure lifecycle from planning and design to construction, IT integration, and long-term maintenance.

With this alliance, VU Dynamics and PATH Group are poised to drive forward the indigenization of critical defence technologies, laying the groundwork for a self-reliant, innovation-led future in Indian aerospace.

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CANNES: Thales Alenia Space, the joint venture between Thales (67%) and Leonardo (33%), has signed a contract with NIBE Space (a subsidiary of NIBE Limited) concerning the supply of a high-resolution optical satellite, marking the first step in NIBE’s Earth Observation constellation project. This initial contract aims to establish the first operational Earth observation capabilities for NIBE in India by 2025.

This achievement reinforces the partnership initiated in 2024 between Thales Alenia Space and NIBE, for the deployment of India’s first private Earth Observation constellation.

The contract was signed today in Pune during a ceremony graced by the presence of the Honorable Chief Minister of Maharashtra Shri Devendra Fadnavis. BlackSky also signed a service agreement for subscription-based imagery and analytics to deliver space-based monitoring services supporting NIBE’s various Indian customers.

“I am extremely pleased that Thales Alenia Space will contribute to developing sovereign Earth Observation capabilities in India,” said Hervé Derrey, CEO of Thales Alenia Space. “Supporting the deployment of India’s first private Earth observation constellation means a lot to our company as this is Thales Alenia Space’s first cooperation on an Indian space program. I would like to thank NIBE for putting its trust in our company. We look forward to making available our long-standing expertise and industrial capabilities in optical and radar sensors and starting promising Space cooperation with India.”

“We are proud to see our partnership with Thales Alenia Space take another concrete step forward with the signing of the contract for a high-resolution optical satellite. This is part of our larger national endeavor, aligned with the Atmanirbhar Bharat vision, to bolster India’s position as a leader in space technology and applications,” said Ganesh Nibe, Chairman & Managing Director of NIBE Limited. “With Thales Alenia Space’s vast global expertise and experience, we look forward to taking India’s space capabilities to newer heights.”

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The partnership will provide last-mile delivery services beyond large cities, enabling online sellers and D2C brands to access India Post’s extensive network of about 1,59,000 post offices across the nation. This will enable sellers to ship to remote locations and cater to the consumer demand across regions where currently no service provider operates.

The collaboration will also benefit service providers that fall under the umbrella of the BFSI industry, who can now avail the facility of delivering sensitive items and financial documents within the weight slab of 250 gm.

Talking about the recent development, Kapil Makhija, MD & CEO of Unicommerce said, “With our entry into the courier aggregation market, we are focused on extending our services to the remote parts of the country. With India Post, we shall enable sellers to penetrate beyond large cities and metropolitans, serving demand from across the hinterland of India.”

Gaurav Gupta, Co-Founder of Shipway, mentioned, “We are thrilled to partner with India Post to extend the reach of our shipments across the length and breadth of the country. As part of a bigger picture in the entire e-commerce enablement space, this integration adds to our capabilities in making e-commerce more accessible to the far-flung audience beyond tier 2 cities”.

Unicommerce, India’s leading e-commerce enablement SaaS platform, recently acquired a 42.76% stake in Shipway. To serve as a one-stop shop for all e-commerce and retail needs, Unicommerce now offers end-to-end management of pre and post-purchase operations for D2C brands, e-commerce platforms, and retail companies.

With a 930 Mn+ annual transaction run rate, 3550+ clients, 8800+ client warehouses, and 3150+ client stores, Unicommerce works with India’s marquee brands, leading marketplaces, and logistics service providers to technologically enable end-to-end management of their e-commerce operations. Beyond India, Unicommerce also serves clients in the Middle East & Southeast Asia.

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