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Operant AI expands to India to safeguard AI systems in real-time

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Ashley Roof, Priyanka Tembey, Vrajesh Bhavsar, Co-founders of Operant AI

Silicon Valley-based Operant AI has officially launched in India, bringing cutting-edge AI security solutions to safeguard the nation’s rapidly growing artificial intelligence sector. By securing critical industries like fintech, healthcare, and enterprise software, Operant aims to accelerate safer AI innovation across the country.

With its 3D Runtime Defense for Cloud and AI, Operant detects and blocks advanced cyber threats in real-time, including prompt injection, rogue agents, data poisoning, and data exfiltration—attacks that can compromise AI systems and expose sensitive data.

As AI adoption surges, cybersecurity risks are becoming a major concern. A recent Deloitte study revealed that 92% of Indian executives view AI-related security threats as a top challenge, while 91% worry about data privacy risks. Traditional security tools like firewalls and static code scanners are no longer enough to combat AI-driven threats.

Operant AI’s real-time defense technology provides instant threat detection and prevention, ensuring AI-powered businesses stay protected without slowing innovation. As cyber risks evolve, India’s AI ecosystem needs proactive security measures—and Operant AI is here to deliver.

Commenting on the need for such a solution, Operant’s CEO and co-founder, Vrajesh Bhavsar, said, “Today, as AI adoption accelerates,  ensuring critical security is more urgent than ever—not just to protect businesses, but also to safeguard their customers and end users from cyber threats and data breaches. At Operant, we’ve built a solution that does more than detect threats—it actively protects sensitive data such as citizenship IDs, bank account numbers, and API keys in real-time. Our platform can identify and auto-redact private data before it leaves a company’s environment, ensuring robust data privacy while allowing organizations to scale their AI initiatives confidently and securely.”

As AI adoption surges, privacy and security concerns have become major hurdles to scaling AI models. Leading payment processing platforms are integrating AI-driven fraud detection, but worries about data exposure through AI APIs and containerized models have slowed progress.

Operant AI addresses this challenge with its in-line auto-redaction technology, automatically removing sensitive data before leaving a company’s network. This breakthrough enables businesses in privacy-sensitive industries like BFSI and FinTech to harness AI innovation while maintaining data security and regulatory compliance.

“So much of today’s AI is deployed on Kubernetes, and it’s really important to have a security plan in place to protect these applications and the data they’re using,” said Sarah Novotny, an AI industry leader who served on the founding team of Kubernetes at Google and is currently on the board of the Coalition for Secure AI (CosAI). “Operant’s in-line auto-redaction enables teams to develop AI faster with Kubernetes-native privacy controls that span from infrastructure to AI APIs, ensuring security, platform, and development teams can work together seamlessly to build today’s leading AI technologies.”

Most runtime cybersecurity solutions flood teams with excessive, unactionable alerts, making it difficult to address real threats. Operant AI takes a different approach by offering real-time attack detection, prioritization, and prevention across live application environments. Its technology protects every AI-connected cloud stack through AI APIs, containerized models, or third-party AI integrations for tasks like data analysis.

The company’s India expansion marks a meaningful return for its founders, who have spent years leading Silicon Valley’s tech innovation. Founded in 2021 in San Francisco, Operant AI set out to tackle modern software security challenges. After securing seed funding, the company emerged from stealth in April 2023 and later raised its Series A round in September 2024, bringing its total funding to $13.5 million. Silicon Valley-based Felicis and Washington led the investment in DC-based Sinewave.

For co-founders, Vrajesh Bhavsar (CEO) and Dr. Priyanka Tembey (CTO), securing AI-driven attack surfaces has long been a priority. Over a decade ago, they worked together on AI-powered security for the Android ecosystem, protecting users from evolving cyber threats.

Bhavsar and Tembey bring a strong blend of hardware and software expertise. Bhavsar, a University of Gujarat graduate, earned his Master’s in Computer Science from USC before starting his career as a kernel engineer at Apple and later leading ARM’s ML/AI division. Tembey, a University of Pune alumna, earned a PhD in Computer Science from Georgia Tech and was the chief architect for VMWare’s hybrid cloud product. Ashley Roof, Operant’s third co-founder, is a Stanford University graduate with extensive experience in sales and marketing, including helping build Google’s India operations in Hyderabad and Gurgaon.

Operant’s India launch follows its recent recognition as a representative vendor in Gartner’s Market Guide for AI Trust, Risk, and Security Management (AI TRiSM), released on February 18, 2025. This month, Bhavsar, Tembey, and Roof meet industry leaders and customers in Bengaluru, Pune, and Ahmedabad to establish Operant AI’s permanent presence in the Indian market.

Alphabet to acquire Wiz for $33-Bn amidst rising competition

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Wiz Founders: Roy Reznik (R), Ami Luttwac, Assaf Rappaport and Yinon Costica

Alphabet Inc. is reportedly in negotiations to acquire cloud security firm Wiz Inc. for $33 billion, reviving talks that were initially paused last summer after lengthy discussions, according to sources familiar with the matter.

This potential deal, which could be announced as early as Tuesday, would mark Alphabet’s largest acquisition to date. It could also help Google’s cloud division close the gap with competitors Microsoft Corp. and Amazon.com Inc. While Google’s cloud business has become profitable after years of losses in recent quarters, its sales growth has recently slowed.

The terms of the deal are not yet final and could still change, or talks may end without reaching an agreement. A spokesperson for Wiz declined to comment, and Alphabet has not responded to requests for a statement.

For Wiz, the ongoing deal talks mark a shift after the company rejected Alphabet’s $23 billion offer last July, opting to stay independent and eventually pursue an initial public offering. Wiz and its investors were initially hesitant about the acquisition due to concerns over a lengthy regulatory approval process, with competition authorities in the US and Europe closely examining the tech sector for its market influence and economic power.

Wiz CEO Assaf Rappaport called last year’s Alphabet bid “humbling” and expressed his enthusiasm for growing Wiz into an independent cybersecurity powerhouse to compete with companies like CrowdStrike Holdings Inc. and Palo Alto Networks.

Google’s cloud business ranks third in the market, trailing behind Microsoft and Amazon, which could help it counter-regulatory concerns about market concentration in the cloud sector.

Founded by Israelis and headquartered in New York, Wiz counts Sequoia Capital, Index Ventures, Insight Partners, and Cyberstarts among its investors. Last year, the company was valued at $12 billion in a funding round.

Signature Global Sets the Foundation for Titanium SPR with Bhoomi Pujan

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Gurugram, 17th March 2025: Signature Global (India) Ltd., one of India’s leading real estate developers, today held the Bhoomi Pujan for its premium residential project, Titanium SPR, in Sector 71, Gurugram, marking a key step in its development. The Bhoomi Pujan, a traditional ceremony symbolizing a positive and prosperous start, was attended by key stakeholders and company representatives. It showcased Signature Global’s commitment to delivering high-quality homes while reinforcing its vision for modern, well-planned, and sustainable living spaces.

On this occasion, Mr. Lalit Kumar Aggarwal, Co-founder & Vice Chairman, Signature Global (India) Ltd., said: “The Bhoomi Pujan marks a significant milestone for Titanium SPR and reaffirms our commitment to delivering high-quality homes with modern design and thoughtful planning. This ceremony not only reflects our deep-rooted cultural values but also sets the foundation for a project that will redefine urban living in the Delhi NCR region. With Capacit’e Infraprojects as our construction partner, we are confident that Titanium SPR will offer homebuyers a perfect blend of luxury, comfort, and convenience.”

Launched in June 2024, Titanium SPR received an overwhelming market response, achieving sales exceeding ₹2,700 crore during the allotment phase. In October 2024, Signature Global awarded a ₹1,203 crore construction contract to Capacit’e Infraprojects Limited, a company renowned for its construction excellence. The recent Bhoomi Pujan marks the project’s transition into the construction phase, bringing Signature Global’s vision for modern luxury living closer to realization in Gurugram’s Sector 71.

Strategically located along the Southern Peripheral Road, Titanium SPR spans over 14 acres and offers seamless connectivity to major routes such as the Dwarka Expressway, Golf Course Road, Golf Course Extension Road, South of Gurugram, and NH-48. The project draws inspiration from Singaporean architecture, featuring high-rise towers with cityscape views and thoughtfully designed layouts that ensure complete privacy, with no balconies facing each other. Residents will have access to over 55 exclusive amenities, including lagoon pools, sensory gardens, a Miyawaki forest, and state-of-the-art recreational facilities.

The project’s design is the result of collaboration with renowned international architects, including DPC from Singapore, MPFP from the USA, Confluence, NMP Design, Senelac Consultants, and Vintech Consultants. Notable features include expansive 26-feet and 28-feet-long decks, a grand triple-height entrance lobby, and seven meticulously designed lagoon pools, setting a new benchmark for luxury living in the Delhi NCR region.

Emphasizing sustainability, Titanium SPR is a dual-certified green development, holding certifications from both the Indian Green Building Council (IGBC) and EDGE (Excellence in Design for Greater Efficiencies). These certifications validate the project’s eco-friendly design, energy efficiency, and focus on sustainability, ensuring a reduced carbon footprint and optimized resource utilization for a greener living environment.

In recognition of its architectural excellence and sustainable design, Titanium SPR was honored with the Best Green Development award at the 2024 PropertyGuru Asia Property Awards (India). With its luxurious design, world-class amenities, prime location, and award-winning sustainability features, Titanium SPR is poised to redefine urban living in the Delhi NCR region.

Beauty and personal care brand Pilgrim raises ₹200-Cr in funding

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(L-R) Pilgrim cofounders Gagandeep Makker and Anurag Kedia

Pilgrim, one of India’s fastest-growing beauty and personal care brands, has raised ₹200 crore in primary and secondary funding rounds. The round saw strong participation from existing investors, including Narotam Sekhsaria Family Office (NSFO), Vertex Ventures SEA, Sattva Family Office, and Mirabilis Investment Trust. New investors, such as Vertex Growth Fund and Anicut Equity Continuum Fund, also joined in, underscoring their confidence in Pilgrim’s future.

This latest funding has catapulted Pilgrim’s pre-money valuation to ₹3,000 crore, a significant jump from its 2024 valuation. The mixed funding reflects strong backing for the brand’s leadership in the beauty industry and impressive growth potential. Pilgrim’s innovative products, science-backed formulations, and a highly engaged customer base drive this support. 

The capital raised will fuel Pilgrim’s expansion into offline channels while enhancing its research and development capabilities. Though already profitable online, this funding will help the brand strengthen its omnichannel presence and position itself for sustainable long-term growth. 

Commenting on the milestone, Gagandeep Makker, Co-founder of Pilgrim, said: “This investment represents a pivotal chapter in Pilgrim’s journey. Our unwavering commitment to delivering innovative, ingredient-driven beauty solutions has fostered deep consumer loyalty and established us as a category leader in the beauty space. With this new capital, we are poised to expand our offline presence and enhance our research and development capabilities. The unwavering trust of our investors is both a validation of our vision and a catalyst for what’s next.”

Pilgrim’s unique brand philosophy focuses on discovering the finest international beauty ingredients and combining them with science-backed formulations. This approach showcases its expertise in blending high-quality, globally sourced naturals with innovative solutions. As the brand expands, this funding will propel Pilgrim to new heights, solidifying its position as a leader in beauty innovation and driving its market growth both in India and internationally.

Pilgrim aims for continued growth with a gross Annual Run Rate (ARR) exceeding ₹800 crore and a rapidly expanding retail presence.

Nivara Home Finance raises ₹245-Cr in Series B Funding

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CV Rao, MD and CEO, Nivara

Bengaluru-based Nivara Home Finance has secured ₹245 crore in a Series B funding round led by private equity firm True North. Baring PE India and the company’s promoters participated, according to an official statement.

True North Fund VII wants to invest ₹170 crore, while Baring PE India and promoters Sunil Rohokale and Monik Koticha will contribute ₹50 crore and ₹25 crore, respectively. Notably, Baring PE India had previously infused ₹85 crore into Nivara during its Series A round in March 2024.

Established in 2015 by C V Rao, Rohokale, and Koticha, Nivara Home Finance specializes in housing finance and aims to promote financial inclusion by offering affordable solutions to underserved communities across India.

The fresh capital will enhance Nivara’s proprietary technology platform, expand into new markets, strengthen its distribution network, and develop innovative credit solutions. The company currently operates 68 branches across five states in southern and western India and manages assets worth ₹700 crore. 

“We believe the Indian affordable housing sector is poised for substantial growth, and having closely observed the sector’s evolution, we are confident that Nivara, with its innovative approach, strong customer focus, and proven track record, is well-positioned to gain significant market share,” said Maninder Singh, partner, True North.

Nivara focuses on providing home loans ranging from ₹5 lakh to ₹7.5 lakh, catering to micro-entrepreneurs and informally salaried individuals—a segment it considers underserved by larger financial institutions. The company has maintained strong asset quality, keeping its gross non-performing assets (GNPA) below 1%.

Otipy secures $2 Mn in venture debt from Nuvama

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Varun Khurana, Founder, Otipy

Otipy, a leading farm-to-fork delivery company, has secured $2 million in venture debt from Nuvama Asset Management Limited. The company plans to use these funds for general corporate needs.

On a direct-from-farm model, Otipy delivers fresh produce to consumers each morning. Currently serving Delhi-NCR and Mumbai, the company plans to expand to Hyderabad, Bengaluru, and Chennai soon. 

Led by Varun Khurana, Otipy has raised $46 million, including a $32 million Series B round from Westbridge Capital in 2022. SIG Global is the largest external investor, followed by Westbridge Capital, according to startup data platform TheKredible. 

Recently, Otipy launched a pilot project in Gurugram, introducing electric carts for offline fruit and vegetable sales. The company plans to expand this initiative with a franchise model, extending its reach to more cities, including Mumbai.

For the fiscal year ending March 2024, Otipy expects to achieve a topline of Rs 175 crore.

Trippy Goat launches new restaurant at RMZ Ecoworld’s The Bay, Bengaluru

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Trippy Goat, renowned for its innovative culinary approach, has opened a new restaurant at The Bay, RMZ Ecoworld, Bangalore. The sleek 50-seat space features a captivating Omakase-style bar, blending modern elegance with Bangalore’s nostalgic charm. The design effortlessly connects indoor and outdoor areas, creating a welcoming urban retreat perfect for solo diners and groups looking to enjoy exceptional food together.

The menu at Trippy Goat is diverse, offering a unique dining experience that combines sophistication with accessibility. Alongside favorites from their Cunningham Road location, the restaurant introduces exclusive corporate lunch options tailored to the EcoWorld community.

Every dish reflects Trippy Goat’s commitment to culinary excellence, from creative dishes like Lamb Ghee Roast Pizza and Mini Masa Sukka Tacos to handcrafted pasta such as Burrata Aglio Olio Milagaiccino.

“Trippy Goat is a brand that caters to popular consumer aspirations with a menu that’s not fussy but classy. It reflects the soul of the city, which appreciates a top-notch product in a casually elegant setting,” says Co-Founder Vishal Nagpal. 

Regarding the new outlet launch, Co-Founder Vivek Poonacha said, “The Bangalore market is truly cosmopolitan and serves as the perfect launchpad for a brand, especially in our industry. Bangalore will always hold a special place in our hearts, not only as our city but also as a thriving hub of diverse cultures and cuisines.”

Trippy Goat continues its legacy of exceptional cocktails with a wine program that blends global influences with traditional Indian flavors. The coffee selection highlights the craft of brewing, featuring ethically sourced beans prepared with precision. The bar also offers unique wine cocktails alongside a curated collection of fine wines, elevating the overall dining experience.

Co-founder Abhijit Muralidhar adds, “This outlet at EcoWorld is an opportunity to engage a discerning audience that values fine dining experiences, high-quality food, and impeccable beverages. We’ve carefully curated every detail, from the ambiance to the menu, and are excited to bring the Trippy Goat experience to this vibrant and ever-evolving part of the city.”

True to its commitment to sustainability, Trippy Goat actively supports environmental and animal welfare initiatives while maintaining strong partnerships with local farmers and artisans. The EcoWorld location embodies the brand’s philosophy of not just being a restaurant but a celebration of Bangalore’s vibrant cultural diversity. Culinary innovation, sustainability, and community create a unique dining experience here.

Thailand approves $2.7 billion of investments in data centres and cloud services 

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Thailand has approved a significant 90.9 billion baht ($2.7 billion) investment in data centers and cloud services, marking another milestone in the country’s growing tech sector. The investment will support several major projects, including data centers from China’s Beijing Haoyang Cloud&Data Technology, Singapore’s Empyrion Digital, and Thailand’s own GSA Data Center 02.

Beijing Haoyang plans to build a 300-megawatt data center worth 72.7 billion baht, while GSA Data Center 02 will invest 13.5 billion baht in a 35 MW facility. These investments come as Southeast Asia experiences a surge in demand for data infrastructure, driven by the rise of AI and the need to store and process massive amounts of data.

In January, TikTok’s parent company, Bytedance, revealed plans to set up a data hosting service valued at 126.8 billion baht in Thailand. This follows major investments by global tech giants.

Google announced a $1 billion commitment to Thailand, while Amazon Web Services is investing $5 billion over the next 15 years. Additionally, Microsoft will open its first regional data center in the country.

These developments highlight Thailand’s growing role as a key hub for digital infrastructure in Southeast Asia.

Wyndham launches new U.S. Debit Card targeting Gen Z  

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Wyndham Hotels & Resorts is entering the debit card market by introducing the Wyndham Rewards Debit Card. This move marks a shift in how hotel loyalty programs connect with younger travelers.  

According to Wyndham, this is the first for the U.S. hotel industry and is designed to capitalize on the increasing popularity of debit cards and digital wallets among Gen Z and Millennials.

“We believe that there’s a great opportunity in the younger demographic, Gen Y, Gen Z, to target this customer who is more credit averse and more interested in using cash,” Charmaine Taylor, SVP of Strategic and Financial Partnerships at Wyndham, said. 

The new Mastercard-powered debit card, created in partnership with Galileo Financial Technologies (SoFi’s technology platform), enables users to earn Wyndham Rewards points on everyday purchases, building loyalty beyond hotel stays.

“We are encouraging the usage of our debit versus any other product by incorporation to our Wyndham Rewards program so that we can earn points on everyday spending,” said Taylor.

According to data from EY, 70% of Gen Z consumers frequently use debit cards, while research from PMG reveals that 55% of this group intend to boost their travel spending. 

“Research continues to show a large number of travelers, particularly younger consumers such as Gen Z, prefer debit cards as their primary payment method,” said Taylor. “Unfortunately, many have been left on the sidelines when earning free hotel nights and other travel rewards.” 

Wyndham also sees the card as a way to engage with those building credit and may eventually transition to the company’s credit card products.

“The debit card is meant to not only round out our financial product suite to benefit those members who only want to use cash, but it’s also for members who might still be building their credit,” said Taylor. 

To connect with its target audience, Wyndham will use a variety of marketing strategies, focusing heavily on digital and social platforms. Influencer marketing will play a crucial role in building awareness. 

In the future, Wyndham plans to broaden its financial product range internationally.

Stone Wood Hotels & Resorts expands with six new properties in 2025

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Shikhar Kumar, Managing Director, Stone Wood Hotels & Resorts

Stone Wood Hotels & Resorts, a fast-growing hospitality chain in India known for its boutique and experiential stays, is gearing up for a major expansion in 2025. The brand has unveiled plans to open six new properties, strengthening its footprint in key destinations. Three of these upcoming locations will be prime leisure spots across Andhra Pradesh and Telangana, renowned for their scenic landscapes, rich cultural heritage, and increasing demand for luxury accommodations.

Reflecting on this expansion, Shikhar Kumar, Managing Director, Stone Wood Hotels & Resorts, shared, “At Stone Wood Hotels & Resorts, our commitment to exceptional hospitality drives us to expand into new destinations. Our focus remains on offering unique and enriching experiences for travelers while maintaining our asset-light strategy. The upcoming properties will further enhance our ability to cater to the evolving needs of modern travelers.”

Stone Wood Hotels & Resorts’ 2025 expansion aligns with its ambitious growth plans, adding six new properties, including key locations in Andhra Pradesh and Telangana. Currently managing 16 properties across six states and 11 cities, the group will expand its inventory to over 500 rooms. This growth is expected to drive a minimum 10% increase in top-line revenue for 2025, along with improvements in Average Room Rate (ARR) and Revenue per Available Room (RevPAR). The brand will continue its asset-light approach, focusing on lease and revenue-share partnerships to ensure sustainable and flexible expansion. Strategic collaborations will support the investment for these new properties

The MICE sector and destination weddings have become key revenue drivers for Stone Wood Hotels. The brand’s success fuels its expansion with 16 properties across six states and 11 cities. 

The new properties will include dedicated event spaces catering to the rising demand for MICE and weddings. Known for its vibrant F&B and immersive hospitality, Stone Wood aims for a 10% revenue boost in 2025 while introducing offbeat destinations like Jawai, Tadoba, and Coorg. The group continues redefining boutique luxury with personalized, nature-centric retreats.