Thursday, May 8 2025 | Time 21:55 Hrs(IST)
Business EconomyPosted at: May 8 2025 4:20PM


Korcomptenz Inc expands India operations with AI Innovation hub

Chennai, May 8 (UNI) Korcomptenz Inc, USA on Thursday expanded its Indian operations
by setting up offices in Chennai and Hyderabad.
They have also established an AI Innovation Hub in Chennai as part of this exercise.
Korcomptenz Inc. is an IT Consultancy business with 20 years in mid-market enterprise
expertise, operating out of eight global locations. They have a presence in the USA,
Canada, UAE, Saud Arabia, Australia, Mexico, Philippines and India.
By harnessing India’s talent and deepening collaboration with enterprise partners like
Microsoft, SAP, Salesforce and leading supply chain platforms, they aim to expand their
innovation capacity to deliver AI-powered solutions tailored to industries such as
manufacturing, retail, banking, financial services and healthcare.
“The setting up of our India AI Innovation Hub is a transformative milestone in our global
growth journey. Our investment is aimed at building state-of-the-art infrastructure, AI labs,
and a world-class team of over 300 professionals in the next 18 months", Clara D’Silva,
President, Korcomptenz Inc, told reporters here.
"This hub will strengthen our global delivery model, accelerates AI-driven innovation, and
empowers us to co-create transformative solutions with clients and partners worldwide,”
Clara said.
UNI GV 1615
Tags: #Korcomptenz Inc expands India operations with AI Innovation hub
More News
Avaana Capital leads 1 2 million dollars seed round in High Time Foods

Avaana Capital leads 1 2 million dollars seed round in High Time Foods

08 May 2025 | 7:53 PM

Bengaluru, May 8 (UNI) Avaana Capital, a venture capital fund backing deep-tech and frontier innovation, has led a USD 1.2 million seed round in High Time Foods, a food-tech startup offering cost-effective, shelf-stable plant-based protein solutions. Existing investors also participated in the round.

see more..
Airtel Africa revenue grows 21 1 pc in constant currency

Airtel Africa revenue grows 21 1 pc in constant currency

08 May 2025 | 7:49 PM

London, May 8 (UNI) Airtel Africa Ltd on Thursday reported a strong financial performance for the year ended March 31, with constant currency revenue rising 21.1 per cent to USD 4,955 million and profit after tax (PAT) swinging to USD 328 million from a loss of USD 89 million in the previous fiscal, aided by easing currency headwinds and operational momentum across its markets.

see more..
Rupee slumps 77 paise against USD

Rupee slumps 77 paise against USD

08 May 2025 | 6:25 PM

Mumbai, May 8 (UNI) The Rupee dropped for the third straight session on Thursday, depreciating by 77 paise to 85.60 against USD, on brisk demand for the greenback from foreign banks and exporters, dealers at the Forex Market said.

see more..

LG Electronics new facility in Sri City to begin operations by 2026 end

08 May 2025 | 5:13 PM

Sri City (Andhra Pradesh), May 8 (UNI) LG Electronics India Ltd (LGEIL) announced on Thursday the commencement of construction of its new manufacturing facility in Sri City at a ceremony held here.

see more..

Rupee closes at 85 60, down by 77 paise against USD

08 May 2025 | 5:00 PM

UNI NV SS.

see more..