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  • Zopper, Backed by Elevation Capital, Let Go 100 Employees

    Since the beginning of 2025, the insurance-focused SaaS business Zopper has let go of about 100 workers; the most recent wave of layoffs occurred earlier this week. According to media sources, the startup’s management said earlier this week that over fifty members of the product and engineering teams had been let go. According to a media outlet, the company simply stated that it is attempting to reduce expenses. The startup laid off about 20 members of the engineering and product teams earlier this year, making this the second round of layoffs from these teams. According to the sources, it also fired its whole 40-person insurance staff early this year. A month’s salary is being offered by the startup as a severance package.

    Zopper Recently Raised $25Mn

    Nearly five months have passed since Zopper received $25 million in its Series D round. This funding round was co-led by Elevation Capital and Dharana Capital and included Blume Ventures, an existing investor. Zopper stated during its most recent fundraising campaign that it was developing a cutting-edge policy administration system (PAS). The PAS would make use of sophisticated algorithms, a current tech stack, and data handling and security measures to provide flawless client support. Zopper, which was founded in 2011 by Surjendu Kuila and Mayank Gupta, offers APIs for insurance distribution to insurance firms and other ecosystem participants. Through its unique embedded insurance API suite, it assists insurance businesses in connecting with partners such as e-commerce marketplaces.

    Financial Outlook of Zopper

    To date, Zopper has raised $121 million from investors such as ICICI Venture, Elevation Capital, Creagis, and Bessemer Venture Partners. From INR 162.4 Cr in FY23 to INR 438.7 Cr in FY24, its operating revenue increased by 170%. But its net loss also increased from INR 47.2 Cr in FY23 to INR 115.2 Cr, a 144% increase.

    Layoff has Become a Common Scenario in 2025

    With big companies like Google, Microsoft, and others continuing to reduce their workforces, layoffs in the tech sector are not expected to halt in 2025. Companies are still cutting employees in an effort to simplify operations, save money, and emphasise automation and artificial intelligence, even though these figures are much lower than the major layoffs that occurred between 2022 and 2023. Layoffs.fyi, a website that tracks layoffs in the industry, reports that 93 organisations have laid off nearly 23,500 tech workers so far this year, and the number is still growing. Google and Microsoft are apparently contemplating a new round of layoffs, according to the most recent job reduction reports. According to reports, AI-led restructuring and performance-based terminations are part of the corporations’ goals to increase the effectiveness of their personnel.

  • Infosys Announces Salary Hikes, to Hire Over 20,000 Freshers in FY26

    Infosys has kicked off pay rises for its employees. These are to be effective by January for some and by April 1 for all. The hike on average is between 5 to 8 percent, slightly lower than in preceding years. Yet, top performers are getting hikes that range between 10 to 12 percent. Infosys has a performance-based system that categorizes employees into four groups with quite different reward levels. The groups range from ‘outstanding’, which is the top group, to ‘needs improvement’, which is the bottom group.

    Over 20,000 Freshers to Be Hired in FY26

    Infosys has declared its intention to recruit over 20,000 newly graduated individuals in the upcoming financial year, FY26. The company’s Chief Financial Officer Jayesh Sanghrajka shared this hiring outlook during the company’s Q4 FY25 earnings call. This hiring target is set at a much higher level than in FY25, when Infosys expressed a desire to hire up to 20,000 fresh graduates but wasn’t able to follow through.

    At the start of the year, the company had come under fire for letting go 400 trainees who didn’t make the cut in performance exams. Still, Infosys is putting the past behind it and working on re-fortifying its ranks with new, younger hiring as it preps for an uncertain business future.

    Attrition Sees Mild Uptick

    Infosys’s attrition rate inched up in Q4 FY25 to 14.1 percent, from 13.7 percent in the preceding quarter. Still, the company notched a modest net addition of 199 employees in the quarter, pushing its total head count to 3.23 lakh pros.

    Infosys’ headcount grew by 6,388 from FY24 to FY25, in turn bringing its total up to 323,578 employees as of the end of FY25. This seems directly aligned with the company’s previously expressed intention to grow its headcount substantially with a focus on technology and consulting over the next several years.

    Mixed Financial Results in Q4

    The IT behemoth declared a net gain of INR 7,033 crore for the quarter ending March 2025, reflecting an 11.7 percent dip from the same frame last year. In spite of this downturn, Infosys exceeded its revenue guidance for the complete fiscal year, registering top-line growth of between 4.5 and 5 percent.

    The company’s robust performance in artificial intelligence, cloud, and digital services was highlighted by CEO and MD Salil Parekh. “Our performance for the year has been robust in terms of revenues, expansion in operating margins and the highest ever free cash generation. Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients,” Parekh said. Operational efficiency and automation were identified as the twin key factors behind Infosys’s resilience amid changing industry dynamics.

  • ITC Acquires 24 Mantra Organic in INR 472.5 Crore Deal

    Sresta Natural Bioproducts Private Limited, which operates under the more recognizable name of 24 Mantra Organic, has been acquired by ITC Limited in a deal that could be worth INR 472.5 crore. Sresta is a leader in the organic foods space, with a strong product portfolio and an extensive distribution network, which will now be available to ITC. This acquisition is iron-clad and will happen on a cash-free, debt-free basis. ITC today also released details of how much money will change hands: INR 400 crore upfront, and another INR 72.5 crore that is linked to how Sresta performs over the next two years.

    By picking up 100 percent of the share capital of SNBPL, ITC makes its first big move into the organic FMCG sector. This is the category of fast-moving consumer goods that have an organic label. Increasingly, this is a health-driven market where consumers are looking for clean-label alternatives to what they used to buy.

    A Pioneer in Organic Food with a Farm-to-Fork Model

    Established more than 20 years ago, SNBPL has been a significant player in India’s organic food arena, with more than 100 offerings that span the gamut from staples, spices, and oils to condiments and beverages. What differentiates 24 Mantra Organic, however, is its farm-to-fork integrated model that ensures the organic integrity of products right from the farm to the consumers’ table.

    The company procures from a certified network of about 27,500 farmers across ten states in India. This connection with farming communities allows it not only to maintain a steady quality of its products but also to ensure that they are produced through sustainable agricultural practices. The company’s status with that diaspora gives it a level of international cachet that few other organic brands can claim.

    Synergy with ITC’s Vision for Nutrition and Sustainability

    Hemant Malik, Wholetime Director at ITC, sees the acquisition as a seamless fit within ITC’s broader food strategy focused on nutrition and sustainability. The robust backend and supply chain developed by 24 Mantra Organic were highlighted as major strengths that align with ITC’s goals of offering trusted, health-led products to consumers.

    This acquisition complements ITC’s earlier investments in the food sector, including its stake in frozen food firm Ample Foods. Increasing consumer demand for natural and organic offerings makes 24 Mantra Organic an ideal candidate to accelerate ITC’s ambitions in both the Indian market and overseas segments.

    After the announcement, ITC’s shares closed at INR 427.25, which is a 0.73 percent increase on the BSE. Investors are responding to the announcement in a positive manner. The founder of 24 Mantra Organic, Rajashekar Reddy Seelam, is optimistic about the outcome of the brand’s shift to the ITC umbrella. He views this transition as a fresh opportunity to broaden the brand’s reach after more than 20 years of establishing the 24 Mantra Organic name in the marketplace.

  • Global Trade Turbulence Raises Alarms, Says FM Sitharaman

    Nirmala Sitharaman, the Indian finance minister, took time during her address at the 150th anniversary celebration of the Bombay Stock Exchange to share some worries with the audience. Following the recent wave of tariffs by U.S. President Donald Trump, fresh instability has swept through the global markets.

    “We recognize that the global landscape is changing and changing rapidly and the world is going through a phase of trade recalibrations and movements. I don’t need to talk in detail. The recalibration efforts on trade are very, very challenging. It is worrisome, but it is also going to be very challenging. The intensification of tariff wars and the rise of protectionist policies have the potential to disrupt global supply chains, increase production costs and create uncertainty in investment decisions,” Sitharaman said.

    In today’s unpredictable global environment, calibrating world trade has become a serious challenge. Our globalized world demands free trade and the mutual economic benefits that arise from it. Supply chains crisscrossing the globe mean that all of us in the interconnected world must take care of one another’s mutual economic interests. Anything that puts up barriers to trade, rising protectionism, for example, can and will have economic repercussions for all of us.

    India Banking on Policy Agility and Domestic Strength

    Amid the worldwide turbulence, Sitharaman reiterated her assurance in the direction of the Indian economy. She picked out sturdy macroeconomic fundamentals and a growing home momentum as the key help resilience pillars. The government, she indicated, is taking a forward-looking line in policymaking and is mixing agility, a long-term domestic strategy, and a productivity-enhancing focus.

    She underscored that India is not cut off from worldwide impacts, but its readiness and reforms have set it on a path to endure outside interruptions better than a lot of the company it keeps. The aim, she said, is to crank up domestic competitiveness and efficiency which will help ward off the rising trade tensions and the economic fragmentation.

    Domestic Investors Fuel Market Maturity

    The domestic institutional investors are increasingly becoming a force in India’s financial markets. The finance minister said that in the last financial year alone, the DII recorded inflows of INR 6.1 lakh crore. The DII is today an investor who has a much more sophisticated understanding of the Indian financial markets. This is a good story for domestic confidence in India’s economy, according to the finance minister.

    Sitharaman emphasized how far India’s capital markets have come. We now have the fifth-largest equity market in the world, our stock market was recently valued at over USD 5 trillion. And in terms of really big companies, our large-cap universe is now way more than five times larger than it was in the year 2000. Back then, you had just one company worth INR 1 lakh crore or more, and now you have 81. This is simply a much more mature ecosystem.

    Sitharaman also urged corporates to commit to transparency and concentrate on maximizing shareholder value in her address. She urged regulators to be proactive and responsive to the rapidly evolving market atmosphere.

  • India on Track to Become World’s Third-Largest Economy Within Three Years

    India is getting ready to leapfrog Germany and Japan to secure the title of the world’s third-largest economy in the next three years, according to NITI Aayog Chief Executive Officer B V R Subrahmanyam. Currently sitting at No. 5 in the world with a gross domestic product (GDP) of USD 4.3 trillion, Subrahmanyam said India would vault to No. 4 by the end of next year and quickly claim its spot at No. 3 soon after.

    He assigned this swift advance to the sustained reforms of India, a youthful population, and an enlarging marketplace. These three he took to be the distinguishing features of India, as a place to invest, in contrast to the many countries around the world that are now experiencing falling birthrates and an increasing median age.

    Demographics Drive Global Relevance

    A central idea in Subrahmanyam’s way of looking at things is that India’s demographics work to its advantage. While population growth is not something most nations aspire to, India is one of the few countries in the world expected to see any significant increase in the number of people of working age over the next couple of decades. Japan and Germany in the next 10 years will see their populations shrink. By contrast, India will see lakhs of young people come into the workforce every year.

    India’s workforce isn’t just large, but it is also increasingly skillful and mobile. This is, or at least should be, the central pillar of the country’s effort to become globally competitive in the coming decades, an undeniable demographic dividend. No economy under demographic strain can be competitive without a reliable human capital supplier, and that’s what India is aiming to be for the next several decades.

    India’s Shift Toward a Knowledge Economy

    Subrahmanyam stressed that India’s growth story is going beyond just the basic development metrics. Today, as a middle-income country, we are focusing on building a knowledge-driven economy. Domestic firms, even in the legal and accounting sectors, should aspire to global ambitions and meet international standards in innovation and service delivery. That’s what India’s next growth story is all about.

    He also highlighted that India, with its democratic system and sizable young population, has the potential to become a global education hub, exporting not just talented individuals but also institutions and educational systems.

    Path to USD 10 Trillion and Beyond

    Reflecting the same optimistic tone, Chief Economic Advisor V Anantha Nageswaran, at the India Conclave 2025, projected India’s GDP to cross the $10 trillion threshold by 2047. He emphasized the need for sustained momentum through consistent policies, deregulation, and research and development (R&D) investments.

    Regarding the impact of AI, Nageswaran dismissed the idea that low-cost labor would become unimportant. He pointed out that a number of manual services, like plumbing and other trades, are too hands-on and too varied to be completely taken over by machines. He believes the same is true of many not-so-skilled jobs that are too much of a human scale to be performed by robots. For these reasons, Nageswaran sees digital technology as a tool for upgrading the cheap workforce into a more valuable one.

  • India Targets US Firms Exiting China to Reshape Global Supply Chains

    With trade tensions rising between the US and China, India is positioning itself as a competitive manufacturing alternative across key sectors.

    1. Offering multi-year duty exemptions for more than 100 components needed in electronics production.

    2. Targeting a significant increase in capacity for semiconductors and display manufacturing.

    3. Trying to use land records to ensure that companies that promise to invest in India get smooth title guarantees.

    4. Making a big push to get companies to use local suppliers.

    India Eyes Opportunity Amid US-China Trade Rift

    Amid the intensifying trade disputes between the U.S. and China, India is hurrying to attract American manufacturers looking for new production bases. With many industries, from electronics to pharmaceuticals, toys, and chemicals, under the spotlight, the Indian government is setting about to make the country a strategic alternative manufacturing hub.

    The country’s strategy is clear: take advantage of the changing supply chains while our main competitors, like Vietnam, haven’t yet solidified their own leads. Fine-tuning discussions in recent months between industry representatives and policymakers have zeroed in on the need for initiatives that set us up for success in virtual trade negotiations with India scheduled for next month, with the promise of in-person meetings soon thereafter.

    Electronics Sector Sensing a Breakthrough

    Emerging as a high-potential area, the electronics industry in particular has a critical window to ramp up domestic production and investments. U.S. tariffs on Chinese electronics remain in force, which makes duty-free access into the U.S. for smartphones and other electronics made in India a major plus for our industry. Electronics can be an even bigger powerhouse if we make more of them in India.

    Yet, the execution of that plan demands precision. Right now, much of the electronics supply chain is heading to Vietnam, which is now the largest exporter of Samsung devices to the US. The reality is that unless India provides clearer vision and sustained support to its aims, there’s a very real chance that Vietnam could end up with a much bigger slice of the electronics manufacturing pie.

    Government’s Strategic Push Gathers Momentum

    To close the gap, India has adopted a multi-pronged approach. The lead agency is the Department for Promotion of Industry and Internal Trade (DPIIT). It is expected that ministries associated with sectors of manufacturing will join soon. PLI schemes have been central to this push and have attracted interest in a few sectors, notably smartphones, IT hardware, and electronic components.

    The government has identified 10 to 12 strategic sectors, including pharmaceuticals, chemicals, automobiles, air conditioners, and toys, where India has a comparative advantage. Officials have also indicated that proposals involving joint ventures and technology transfers will receive preference, as they contribute to ecosystem development.

    Industry Seeks Support on Ground Realities

    Although the roadmap holds promise, the operational issues stakeholders from industry have flagged are quite numerous. The high level of taxation, slow customs processes, and persistent bottlenecks in infrastructure continue to make large-scale investment seem too risky to too many would-be investors. Industry chambers are in active dialogue with the government to resolve these and other hurdles.

    If executed with an inclination toward agility, accompanied by a fair dose of forethought, the strategy that India has set could yield something very different. It could unlock a new phase of growth, manufacturing-led growth, as they say, that could reshape India’s position in the global trade landscape.

  • EaseMyTrip Denounces Connections to the Mahadev Betting App Following ED Raids

    Regarding the Enforcement Directorate’s raids on its property in relation to the Mahadev betting app case, online travel aggregator (OTA) Easemytrip has provided an explanation. EaseMyTrip denied any affiliation with the Mahadev app or any other betting site in a statement released today. According to information in the public domain, the Enforcement Directorate (ED) searched more than 50 places belonging to different individuals and corporations. The EaseMyTrip premises was one of them. According to a corporate spokeswoman, EaseMyTrip is entirely committed to working with the authorities during the inquiry, even though the company has no direct or indirect affiliation with the Mahadev Betting App or any other betting platform. The statement was made a day after it was reported that the central investigative agency, ED, had raided multiple locations nationwide connected to Nishant Pitti, the co-founder and Chairman of EaseMyTrip. The ED’s money laundering investigation into the Mahadev betting scam, which defrauded unsuspecting investors of an astounding INR 20,000 Cr, included the searches.

    No Conducive Evidence Found

    According to a fresh agency report, investigators investigating the case said that no serious proof has been discovered so far during the searches at locations connected to EaseMyTrip. As part of its ongoing money laundering probe into the INR 20,000 Cr Mahadev betting case, ED is reportedly conducting raids at multiple sites throughout the nation connected to Nishant Pitti, co-founder and Chairman of online travel aggregator EaseMyTrip. According to a media house, which cited sources, the raids are presently taking place in 15 different places in India, including Delhi NCR, Mumbai, Chandigarh, Ahmedabad, Indore, Jaipur, Chennai, and Sambalpur. The Mahadev app was operated by Saurabh Chandrakar and Ravi Uppal, according to the ED’s probe. It enabled users to place real-time wagers on sports including tennis, football, and cricket. At its height, the app had close to 10 million users. The ED previously claimed that Bhupesh Baghel, the former chief minister of Chhattisgarh, had collected kickbacks from the Mahadev app’s developers of more than 500 Cr. Baghel, however, denied these allegations, calling them attempts to damage his reputation.

    What Exactly is Mahadev Betting Scam?

    One of the largest illicit betting schemes in India was the Mahadev Online Book app, which cheated Indian investors out of over INR 20,000 Cr. The Mahadev app was blocked by the Ministry of Electronics and Information Technology (MeitY) in 2023 for breaking the nation’s money laundering regulations. Through questionable banking practices or “hawala” transactions, the app was being used to launder money between India and Dubai, according to the ED’s probe. An estimated INR 20,000 Cr was obtained from the crime in this instance; of that amount, INR 1,100 Cr was transferred into the stock market using fictitious bank firms and dummy accounts. After Chandrakar’s extravagant wedding ceremony in the United Arab Emirates garnered media attention in February 2023, the Mahadev betting app scam was exposed. At least six Indian superstars were paid to perform at the wedding, which cost about INR 200 Cr. Chandrakar’s relatives were transported from India by private aircraft. According to reports, the investigation team later arrested about a dozen people in connection with the money laundering case involving the Mahadev Book app and frozen funds totalling more than INR 1,700 Cr. According to sources, Chandrakar, the suspected mastermind of the Mahadev betting fraud, was taken into custody in the United Arab Emirates in October of last year.

  • Introducing the Tata Neu SBI Credit Card Loaded with Many Features

    The Tata Neu SBI Card has been introduced by SBI Card, the biggest pure-play credit card issuer in India, in collaboration with Tata Digital. Through this partnership, a co-branded credit card—the Tata Neu Infinity SBI Card and the Tata Neu Plus SBI Card—is now offered. By offering NeuCoins as rewards, both cards seek to provide a high-end buying experience. With the Tata Neu Plus SBI Card, cardholders can earn up to 7% in rewards, while with the Tata Neu Infinity SBI Card, they can earn up to 10%. These incentives, which include a range of living requirements like food, travel, and fashion, can be redeemed via the Tata Neu app. The new co-branded card offers alluring perks for regular purchases. With the RuPay version, cardholders may get up to 1.5% back on UPI transactions, and with Tata Neu, they can get up to 5% back on bill payments.

    How to Apply for it?

    Customers can apply online using SBI Card SPRINT or in person at specific Croma locations, making the application procedure easier. The Tata Neu Plus SBI Card costs INR 499, plus applicable taxes, while the Tata Neu Infinity SBI Card costs INR 1,499, plus a joining and yearly renewal charge. The Tata Neu SBI Card enhances the total premium experience by providing free access to both domestic and international airport lounges in addition to rewards. By meeting certain spend levels, cardholders can avoid paying the yearly charge thanks to the cards’ spend-based fee reversal feature. To reverse the annual cost, for example, Tata Neu Plus SBI Cardholders must spend INR 100,000 annually, but Tata Neu Infinity SBI Cardholders must spend INR 300,000. SBI Card and Tata Digital’s partnership demonstrates their dedication to offering Indian customers value-driven goods.

    Enhancing Consumers’ Lifestyle

    Salila Pande, MD & CEO of SBI Card, elaborated on the new partnership by saying that consumers’ lifestyle needs have expanded in the modern day due to changing tastes. SBI is thrilled to collaborate with Tata Digital to improve its clients’ lifestyles. SBI’s dedication to providing customer-focused products that give the best-in-class value is demonstrated by this cooperation. With a combination of unmatched advantages and smooth simplicity, the Tata Neu SBI Card is made to provide a comprehensive experience that enhances every transaction and elevates the shopping experience. The card is a noteworthy addition to SBI’s extensive line of co-branded credit cards.

    Tata Digital’s MD and CEO, Naveen Tahilyani, echoed these remarks when he said that the Tata Neu Card, in collaboration with SBI Card, embodies the company’s mission and reinforces its dedication to providing seamless, fulfilling experiences to the contemporary Indian customer. It combines the strength of reputable brands to provide genuine value and reinvent credit and loyalty in India. These declarations highlight both businesses’ strategic attitude to collaborating and innovating to satisfy changing customer demands.

  • 200 Workers are Fired by US Mortgage Giant Fannie Mae, Primarily Associated with Telugu Groups

    As part of a reorganisation process, the American mortgage company Fannie Mae laid off 700 workers. Of these, 200 were primarily Telugu-born and were sacked on “ethical grounds” due to financial irregularities. Allegedly, at least 200 Indian-American workers were let go for working with Telugu groups to misuse Fannie Mae’s matching grants programme. One Indian-American congressman has asked the firm for a statement in the wake of the widespread layoffs. Fannie Mae, also referred to as the Federal National Mortgage Association (FNMA), is a government-owned company in the United States. Telugus make up the majority of the 200 employees who were sacked for salary theft, according to sources. The matching grants programme is intended to encourage charitable contributions and is a payout that is an extension of employees’ compensation.

    How Employees Misuse Company to Craft the Scam?

    The fired employees allegedly worked with charitable groups, some of which were connected to the Telugu community in the US, and fabricated donations to obtain company funding, according to a report released by a media outlet. One of these groups is the Telugu Association of North America (TANA), which is the subject of the dispute. According to the article, one of the fired employees is the spouse of a former American Telugu Association (ATA) president, and another is the regional vice president of the TANA organisation. Already, TANA was being scrutinised for allegedly misusing corporate matching grants. A joint investigation between the FBI, IRS, and DOJ is underway. According to the report, Apple dismissed over 100 workers in January for allegedly abusing its matching grants programme. The workers allegedly conspired with nonprofits to fabricate documents and syphon off matching funds for their own use.

    Congressman Putting Blame on Fannie Mae

    TANA is not the only non-profit group engaged with the problem, according to people who are aware of the development. Investigations were reportedly underway on other associations as well. On April 9, Indian-American Congressman Suhas Subramanyam stated that he had been informed that Fannie Mae had accused hundreds of his Indian-American constituents of engaging in fraudulent activities and dismissed them without carrying out a thorough investigation or presenting supporting documentation. According to a media report, Subramanyam defended the workers and demanded an “immediate” answer from the business, arguing that they were entitled to due process.

    Indian-American lawmakers are now standing up for the Telugu workers who were fired by Fannie Mae. Even though fraud should be treated with zero tolerance, a thorough investigation and procedure should be followed before terminating an employee. For this, the members of Congress are battling it out.

  • Planck Raises $500K in Ongoing $4M Pre-Seed Round to Boost Edge Data Centre Growth in India

    Planck, an innovative digital infrastructure startup focused on next-generation data centre solutions, has successfully raised $500K in its ongoing pre-Seed funding round, at a valuation of INR 30 crore. The round is led by Saarthee Actionable Insights, a US-based analytics firm, which will also bring strategic collaboration to accelerate Planck’s go-to-market and sales outreach efforts.

    The funding will be used to expand its market outreach and set up its first fully sustainable modular edge data centres in India. Planck is a B2B startup specialising in monetising various edge-focused use cases and designing the infrastructure to suit the needs of the customer.  Planck offers these data centres on BOOT, Lease, and Lease-to-own models to customers globally. These EDCs are capable of supporting cutting-edge AI & Analytics tools, designed to support data-sensitive industries such as Automation & Logistics, DR & Data Warehousing, Streaming, eSports and telecom.

    Planck’s Make-in-India modular data centre range ‘Quanta’ is crafted to meet global standards and engineered with an emphasis on sustainability, making it a game changer for businesses focused on scalability and eco-friendly practices.

    “We truly believe Quanta will be able to help corporations reach their Net-Zero goals faster, despite our being in the energy-guzzling industry. We are thrilled to have Saarthee on board in this journey,” says Shishir Miglani, Co-Founder and CEO of Planck. “This investment is not only a major vote of confidence in our vision but also a step toward transforming the analytics space. With Saarthee’s expertise and our innovative products, we are positioned to lead the next wave of data-driven decision-making.”

    Saarthee Actionable Insights, one of the fastest-growing data science firms in the US, sees Planck’s unique approach to intelligent analytics as both timely and impactful. A representative from Saarthee commented, “We are excited to back Planck at this early stage. Their technology has the potential to redefine how industries handle data, and we look forward to supporting their growth journey. Now your data is as safe and fully under your control in a tier 3 compliant EDC.”

    Planck is on track to disrupt the data centre ecosystem by delivering scalable, modular solutions that cater to the needs of industries requiring high-performance, secure, and eco-conscious infrastructure. Their flagship product, Quanta, will bring an army-grade standard of reliability to edge networks, setting a new benchmark for data storage, disaster recovery and live streaming solutions.

    About Planck

    Planck is a digital infrastructure startup building fully sustainable, scalable edge data centres designed to meet the growing needs of modern businesses. With a net-zero focus that aligns with the UN’s Sustainable Development Goals (SDGs), Planck offers innovative solutions in data storage, disaster recovery, OTT streaming, and private cloud setups. The company is rapidly establishing itself as a leader in the enterprise data centre space, catering to a wide range of industries, from telecom and media to healthcare and financial institutions.

    With a team of seasoned industry leaders, including Global Advisors Nasser Bostan (Ex-Neom), Imran Hussain (Ex-BT, Deloitte), Bharat Gupta (Telecom Policies) and Rakesh Pujari, Planck is uniquely positioned to lead the charge in enterprise analytics and digital infrastructure innovation.