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News on Medial
Agile mid-sized IT uses AI, pricing to bag bigger deals
Economic Times
·
9m ago
Medial
Mid-tier technology firms like Persistent Systems, Sonata Software, and L&T Technology Services (LTTS) are defying expectations by securing deals over $100 million. These companies are leveraging artificial intelligence (AI) and specialized engineering services to offer customized solutions and competitive pricing, giving them an edge over larger IT companies. While the average deal size has been shrinking, mid-tier firms are successfully winning larger projects by demonstrating agility and flexibility. This trend is driven by increased confidence in the market, investments, and the impact of AI on the industry.
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Deals Digest: Funding value remains buoyant due to large fintech PE deal
VCCircle
·
1y ago
Medial
Dealmaking activity in the private equity and venture capital space dipped slightly but remained strong with a large investment in the fintech sector and several mid-sized deals. The article highlights the cumulative fundraising amount for startups during the week ending on March 8th.
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Brothers help micro influencers get brand deals via AI platform
Inshorts
·
3m ago
Medial
Brothers Rohit Khanna and Prince Khanna started CreatorTag after recognising the gaps in the conventional way influencer marketing is conducted. By leveraging data-driven insights and AI, the tool helps brands create smarter influencer marketing campaigns. It also helps small-scale creators bag brand deals and earn a stable income.
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What Funding Winter! Have Set Eyes On 100 Startups This Year: 100X.VC’s Ninad Karpe
Inc42
·
1y ago
Medial
100X.VC, an Indian early-stage venture capital firm, plans to complete 100 startup funding deals this year and aims to have 500 startups in its portfolio within the next 2-3 years. The sector-agnostic VC firm has already closed 47 deals this year and intends to close 30-40 more deals, focusing on groundbreaking ideas that may not be funded by others. The firm uses iSAFE notes, an agile funding instrument, for its investments. Corporate governance issues in Indian startups have prompted 100X.VC to include a session on the importance of corporate governance before investing in startups.
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Mid-tier IT firms reshuffle top brass to chase growth amid AI, tariff turmoil
Livemint
·
7h ago
Medial
In response to economic uncertainties and technological advancements like generative AI, mid-sized IT companies, such as Persistent Systems, are undergoing significant leadership changes to drive growth. Within a short span, numerous mid-cap firms have reshuffled their top executives, including appointing Jaideep Vijay Dhok as Persistent's COO for technology. These changes reflect a strategy to attract talent from larger companies, aiming to enhance operational excellence and navigate challenges in client spending and IT budget management.
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Deals Digest: Funding momentum slows further with fewer large-ticket deals
VCCircle
·
1y ago
Medial
Private equity and venture capital-backed companies saw a slowdown in fundraising for the second consecutive week, with fewer large-ticket deals. The week ended July 5th recorded only one significant transaction, while mid and small-sized deals took center stage. The cumulative capital raised by companies backed by alternative investments nearly halved compared to the previous week. This decline in funding momentum suggests a cooling down in investor appetite after a peak in June.
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The AI-Driven Agile Manifesto: Guiding Software Development into the Future
Economic Times
·
9m ago
Medial
The AI-Assisted Agile Manifesto is a transformative approach that combines agile methodology with artificial intelligence (AI) in software development. It redefines traditional agile principles by prioritizing human-AI interactions and collaboration over rigid roles and processes. The manifesto emphasizes the importance of explainable, working software over comprehensive documentation and focuses on delivering valuable solutions through customer collaboration and data-driven decisions. It also highlights the need for rapid responsiveness and proactive iteration in the AI era. Publicis Sapient is adopting the AI-Assisted Agile Manifesto through upskilling, optimized tool usage, and mindset shifts to drive faster and more innovative software development. The manifesto serves as a roadmap for the software community to embrace AI as a partner in the development process.
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Deals Digest: Momentum rises this week on the back of some mid-sized deals
VCCircle
·
1y ago
Medial
This week saw a rise in momentum for startups as they secured funding from private equity and venture capital firms. Although the capital raised was boosted by a number of mid-sized deals, funding volumes also rebounded, resulting in higher overall funding values. The period ending on April 19th saw private companies collectively raise a significant amount of capital.
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Mid-sized GCCs out-hire larger peers with double-digit growth in first half - The Economic Times
Economic Times
·
13d ago
Medial
Mid-sized global capability centres (GCCs) in India are experiencing faster hiring growth, with a 10–12% increase in the first half of the year, outpacing larger centres. These centres are focused on building new capabilities, offering competitive salaries, and attracting talent in AI and data roles. Despite larger GCCs still dominating in terms of overall workforce, mid-sized centres are aggressively expanding, characterized by high maturity, deep-tech skills, and agility, becoming significant contributors to their parent organisations' strategies.
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Delta denies using AI to come up with inflated, personalized prices
Arstechnica
·
7d ago
Medial
Delta Air Lines faced backlash over its AI pricing system, prompting it to clarify its approach. Critics feared the system used personal data to personalize fares. Delta denied this, stating that the AI uses aggregated data, not personal customer data, to set fares. The system adjusts prices based on market demand, competitive offers, and operational costs. Delta emphasized that all customers have access to the same fares, aiming for transparency and competitive pricing.
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IT slowdown? These five stocks haven’t heard of it.
Livemint
·
1m ago
Medial
Today's fastest-growing Indian IT companies are capitalizing on the rising demand for AI, cloud computing, cybersecurity, and digital transformation. This surge is driven by agile mid-size players and innovative small caps capturing market share and increasing revenue at an accelerated pace. These firms reflect strong growth potential despite broader industry concerns about slowdowns, making them intriguing investment prospects for those considering opportunities in the dynamic tech sector.
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