Author: Bureau

Bengaluru: Convertway, Unicommerce’s marketing automation platform for e-commerce and D2C brands, has introduced Catalyst, a bilingual AI-powered voice agent designed to reduce cart abandonment and improve checkout conversions. As online shopping abandonment rates continue to exceed 70% globally, Catalyst addresses last-mile purchase hesitation by initiating instant, automated voice calls when a customer drops off at checkout. The AI engages shoppers in natural, human-like conversations, understands the reason for hesitation, answers queries related to pricing, delivery, or payments, and nudges them to complete the purchase—without manual intervention. The solution also targets India’s heavy reliance on cash-on-delivery, a key contributor to higher…

Bengaluru: Moglix has launched Cognilix, an AI-led operating system designed to simplify and unify B2B procurement, supply chain management, and enterprise commerce. The company also announced a planned investment of $5 million to build advanced AI products and industry-focused solutions on the Cognilix platform. Developed from Moglix’s large-scale operating experience spanning $40Bn+ in transactions, 45,000+ suppliers, and operations across 80+ countries, Cognilix brings procurement, inventory, suppliers, and sales onto a single intelligence layer. The platform integrates seamlessly with existing ERP systems, enabling enterprises to move from fragmented decision-making to connected, real-time operations. Cognilix automates procurement through AI-driven workflows such as…

Shadowfax Technologies Limited has announced that its Initial Public Offer (IPO) will open for subscription on Tuesday, January 20, 2026, and close on Thursday, January 22, 2026. The anchor investor bidding will take place on Monday, January 19, 2026. The company has fixed the price band at ₹118 to ₹124 per equity share of face value ₹10. Investors can bid for a minimum of 120 shares, and in multiples thereof. The IPO aggregates up to ₹1,907.27 crore, comprising a fresh issue of shares worth ₹1,000 crore and an offer for sale of ₹907.27 crore by existing shareholders. The equity shares…

The Wealth Company, part of the Pantomath Group, has announced the appointment of Balram Bhagat as Managing Partner – Products & Pension. A seasoned leader with over three decades of experience in the pension and mutual fund industry, Mr. Bhagat was previously the founding CEO and Whole-time Director of UTI Pension Fund Ltd., where he played a key role in scaling the fund to over ₹4,00,000 crore in assets under management under the National Pension System. His tenure was marked by strong governance, product innovation, and multiple national and global recognitions. Earlier in his career, Mr. Bhagat held senior roles…

Kolte-Patil Developers Limited has entered into a joint development agreement for a ~1.1 million sq. ft. residential project in Bhugaon, Pune, with an estimated Gross Developable Value (GDV) of approximately Rs. 850 crore. Bhugaon is fast emerging as a preferred residential micro-market, offering a balance of natural surroundings and strong urban connectivity. The project site benefits from proximity to established localities such as Bavdhan and Kothrud, along with easy access to the Mumbai–Pune Expressway, Shivaji Nagar railway station, major employment hubs, and robust social infrastructure including schools, hospitals, and retail destinations. Commenting on the development, Rajesh Patil, Managing Director, said…

Ayekart, India’s first full-stack, farm-to-fork digital infrastructure company, has appointed Vikas Varma as Strategic Advisor & Mentor, reinforcing its leadership as it scales its technology-led agri-food ecosystem. In this role, Varma will work closely with the founding team to guide Ayekart’s growth across go-to-market strategy, commercialisation, partnerships, governance, talent development, and the evolution of a resilient technology architecture aligned with the company’s long-term vision. A seasoned technology and fintech leader with over three decades of experience, Varma has held senior leadership roles across payments, cybersecurity, SaaS, and consumer technology. As former COO – South Asia at Mastercard, he played a…

The Board of Directors of Aequs Limited has officially accorded the designation of Co-Founder to Rajeev Kaul, Managing Director of the company, in recognition of his pivotal role in shaping Aequs’ operational foundation and long-term growth since the start of its manufacturing journey. Announcing the decision, Aravind Melligeri, Founder and Executive Chairman & CEO, Aequs Limited, said Rajeev Kaul has been instrumental in building the organisation from the ground up. He credited Kaul’s hands-on leadership and ability to steer the company through complex operational challenges as central to Aequs’ evolution and strategic direction. Rajeev Kaul has played a key role…

Bengaluru: Renault India, a wholly owned subsidiary of Renault Group, has announced a significant validation milestone for the all-new Renault Duster. The upcoming SUV has successfully undergone extensive global testing, covering more than 1 million kilometres across three continents in temperatures ranging from –23°C to 55°C. The comprehensive test programme underscores Renault’s focus on engineering a vehicle capable of performing reliably across diverse terrains and extreme climatic conditions. The new Duster was subjected to a wide range of durability, endurance, and performance tests designed to replicate real-world usage scenarios. As part of this programme, the SUV completed long-term endurance runs…

Bengaluru: Ather Energy Ltd. has announced the introduction of its proprietary Infinite Cruise™ feature on the Ather 450X, strengthening its portfolio of software-driven innovations. The feature is being enabled via an over-the-air (OTA) update and will be offered as a standard capability on the 450X range, including the 450 Apex. Riders will receive an on-screen notification on their scooter dashboard once the update is available. Originally unveiled on the Ather Apex 450 at Ather Community Day in August 2025, Infinite Cruise™ has been engineered specifically for Indian riding environments. Unlike conventional cruise control systems that are optimised for highways and…

Ayekart, India’s first full-stack farm-to-fork digital infrastructure company, has appointed Sumit Aggarwal as Head – International Markets, based in Singapore. The appointment strengthens Ayekart’s leadership as it prepares to scale its technology-enabled agri-food supply chain solutions globally. In his new role, Sumit will focus on building cross-border trade frameworks and developing global banking and financial partnerships to support Ayekart’s long-term international expansion. Commenting on the appointment, Debarshi Dutta, CEO & Co-Founder, Ayekart, said the company’s next phase of growth requires strong financial architecture and deep expertise in cross-border trade, adding that Sumit’s extensive experience will be critical in strengthening Ayekart’s…