News

Amid Al disruption, tech professionals turn to GCCs for stability

GCC, News /

Amid AI-led disruptions, hiring recalibrations and onboarding delays across the IT services sector, many technology professionals in India are turning to GCCs, viewing them as a pathway to more stable, product-led and innovation-focused careers.

India is currently the world’s largest GCC hub, with over 1,850 centres employing nearly 2 million professionals. The country’s GCC sector generates around $64-65 billion in annual revenue.

Amid Al disruption, tech professionals turn to GCCs for stability Read More »

NTT Data launches GCC innovation program in India, eyes 50 global cos in three years

GCC, News /

Japan-headquartered global IT and consulting services firm NTT Data on Monday launched a Global Capability Centre (GCC) Innovation Acceleration Programme in India, aiming to help more than 50 global enterprises set up and scale offshore innovation hubs in the country over the next three years.

NTT Data launches GCC innovation program in India, eyes 50 global cos in three years Read More »

AGNIT Semiconductors raises $2.6 million, bets on gallium nitride chips for telecom and defence

ESDM, News /

Bangalore-based deep-tech startup AGNIT Semiconductors raised $2.6 million in a seed extension equity round led by Shastra VC, marking the fund’s first investment in India’s semiconductor sector. The round also witnessed participation from existing investors 3one4 Capital and Zephyr Peacock, which had invested $3.5 million in the seed round. The company, backed by former Cognizant CEO Lakshmi Narayanan, did not disclose the latest valuation after this round.

AGNIT Semiconductors raises $2.6 million, bets on gallium nitride chips for telecom and defence Read More »

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