Technology

Insurtech platform Turtlemint is reportedly preparing for an initial public offering as it accelerates investments in digital technology and market expansion. The Mumbai-based startup, known for providing insurance distribution platforms for agents and partners, is positioning itself to capture a larger share of India’s rapidly growing insurtech market. Industry observers estimate the potential public offering could raise hundreds of crores of rupees to support product innovation, data analytics capabilities, and nationwide distribution networks.

Wipro has inaugurated a state-of-the-art innovation lab in Seoul, South Korea, aimed at accelerating research and development in emerging technologies, including artificial intelligence, IoT, cloud computing, and smart manufacturing solutions. The facility is designed to foster collaboration with local enterprises, startups, and academic institutions, enabling co-creation of advanced digital solutions for global clients.

Bosch and Tata AutoComp Systems have announced a joint venture to advance electric mobility solutions in India. The partnership focuses on developing high-efficiency electric powertrain systems, battery management technologies, and charging infrastructure components for the rapidly expanding EV market. Analysts emphasize that the collaboration leverages Bosch’s global expertise in mobility technology with Tata AutoComp’s domestic manufacturing and distribution capabilities.

Indian technology services company Wipro has introduced a new artificial intelligence–driven data centre solution designed to help enterprises manage growing data demands and accelerate digital transformation. The offering integrates advanced AI capabilities with modern data infrastructure to improve operational efficiency, optimize computing resources, and support high-performance workloads. Industry experts say the initiative reflects the increasing convergence of artificial intelligence and cloud infrastructure across global enterprises.

India’s consumer protection authority has imposed a penalty of Rs 10 lakh on Meta Platforms over advertisements promoting “walkie-talkie” features on its messaging platforms. The Central Consumer Protection Authority determined that the marketing campaign could mislead consumers about the functionality and nature of the service. The action highlights the growing scrutiny of digital platforms and their promotional practices in India’s rapidly expanding technology ecosystem.

Venture capital firm Accel and Google’s AI Futures Fund have unveiled the five startups selected for the 2026 Atoms AI Cohort, a program designed to accelerate innovation in artificial intelligence across enterprise, voice technology, entertainment, and industrial automation. Chosen from more than 4,000 applicants, each startup will receive funding of up to Rs.16.6 crore (USD 2 million) along with approximately Rs.2.9 crore (USD 350,000) in advanced computing credits through Google Cloud, Gemini, and DeepMind technologies.