Ollama Raises $65M Series B Funding to Grow its Open-source AI Platform

Business Wire India Ollama, the largest developer platform for open models, today announced a $65M Series B funding round led by Theory Ventures, with participation from Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund, and other investors and angels. The round brings Ollama’s total funding to $88M. Benchmark led Ollama’s Series A, with Peter Fenton joining the board.   Ollama makes open models effortless…

Elliptic Announces Circle’s Participation in Agentic Design Partner Program

Business Wire India Elliptic, the global leader in digital asset intelligence, today announced that an affiliate of Circle Internet Group, Inc. (‘Circle’) (NYSE:CRCL) has joined its Agentic Design Partner Program, bringing together infrastructure providers, compliance teams, and technology leaders to help shape compliance solutions for autonomous, AI-driven financial activity.   This momentum follows an investment from Circle Ventures, the corporate venture arm of Circle, and…

Alcobrew Launches One More Next Twisty Minty Jamun, a New Flavour in Its Vodka Range

Business Wire India Alcobrew Distilleries India Limited, makers of One More Vodka, announced the launch of One More Next Vodka – Twisty Minty Jamun, the newest addition to its One More Next range of vodka. The launch follows the success of the brand’s Cranberry variant and reflects Alcobrew’s continued investment in flavours rooted in Indian taste preferences. The launch is part of a broader flavour-innovation…

Project B Appoints Former NBA Player and Executive Landry Fields as Head of Men”s Basketball

Business Wire India Project B, the high-stakes global basketball competition built for the next generation of athletes and fans, today announced the appointment of Landry Fields as Head of Men’s Basketball.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260709121217/en/     Landry Fields Joins Project B as Head of Men’s Basketball   Building on the foundation Project B has established from…

DEWA International Launched as a Wholly Owned Independent Subsidiary of DEWA to Develop Global Energy and Water Projects

Business Wire India HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, announced the establishment of ‘DEWA International’, a wholly owned independent subsidiary of Dubai Electricity and Water Authority (DEWA). The company aims to develop conventional and clean energy projects worldwide and export Dubai’s successful energy and water infrastructure model to global markets.   This press release features multimedia.…

IKS Health Completes Acquisition of TruBridge

Business Wire India IKS Health, a global leader in care enablement solutions across the patient journey, today announced the successful completion of its previously announced acquisition of TruBridge™, Inc. TruBridge is a prominent provider of healthcare technology including an electronic health record (EHR) and revenue cycle management solutions for rural and community hospitals. Following the closing, TruBridge operates as a wholly owned subsidiary of IKS…

Russell Investments Announces New Long-Term Owners

Business Wire India Russell Investments, the global investment solutions provider, today announced that an investor consortium (the “Investor Consortium”) led by B Capital, a global multi-stage investment firm, and including California Public Employees’ Retirement System (“CalPERS”), has agreed to acquire the firm from TA Associates (“TA”) and Reverence Capital Partners (“RCP”). The transaction comes as Russell Investments marks over $416 billion in global assets under…

Esri and Global Partners Release HydroSHEDS v2 for the Americas

Business Wire India Esri and its global partners have released HydroSHEDS v2, providing high-resolution hydrographic data for North, Central, and South America. Developed with World Wildlife Fund in the US, McGill University and Confluvio Consulting in Canada, and the German Aerospace Center (DLR), the initiative reflects global collaboration in hydrologic science and geospatial technology. HydroSHEDS v2 leverages TanDEM-X elevation data and Arc Hydro workflows to…

Born in Pune. Celebrated in Prague: The Škoda Kylaq Completes an Extraordinary Cross-Continental Drive

Business Wire India Škoda Auto’s Made-in-India compact SUV completes a 19,351 km drive from India to the Czech Republic Kylaq covers two continents, 13 countries and some of the world’s most diverse roads over 70 days Drive links the birthplace of the Kylaq in Pune with the birthplace of Škoda Auto in Mladá Boleslav, before culminating in Prague Journey spans altitudes of -154 metres to…

Nita Ambani Announces India-America Health Alliance Partnership at AAPI’s 44th Annual Convention, Received AAPI Humanitarian Award 2026

Business Wire India The American Association of Physicians of Indian Origin (AAPI) welcomed Mrs. Nita Ambani, Founder and Chairperson of the Reliance Foundation, to its 44th Annual Convention & Scientific Assembly on July 2, 2026, in Tampa, Florida. The convention, which also commemorated the 250th anniversary of America’s independence, brought together physicians and healthcare leaders. During the convention, Mrs. Ambani received the AAPI Humanitarian Award…