• Kael Combines AI, Operational Intelligence, and Consulting to Redefine Construction Execution

• From Insight to Execution: Kael and Observance Unite AI, Digital Twins, and Real-Time Intelligence to Redefine Construction Operations

Inkers Technology, a construction intelligence company today announced the launch of Kael, an AI-native platform designed to transform how construction and real estate projects are planned, monitored, and delivered. Kael introduces a predictive intelligence layer that enables teams to anticipate risks, model financial impact, and act before issues escalate into delays or cost overruns. 

Inkers Technology Launches Kael, India’s First AI-Native Construction Intelligence Platform

Speaking about the launch, Argenio Antao, Chief Business Officer, Inkers Technology. said, “At a time when the global construction industry faces a productivity gap estimated at over $40 trillion, Kael is addressing one of the sector’s most fundamental challenges: the lack of actionable intelligence even as the industry generates ample data. Construction projects today generate massive volumes of fragmented information across schedules, drawings, site reports, and communication channels, often making decision-making reactive and inefficient.”

He further added, “Kael’s AI-powered project management platform unifies this data into a single intelligence layer, enabling real-time, decision-ready insights that drive operational excellence across projects. By combining product innovation with deep consulting expertise, Kael is paving the way for a more strategic advisory role in the industry, where technology and consulting come together to help businesses move from managing projects to transforming outcomes.”

Unlike traditional project management tools or consultancy-led models, Kael is built as an AI-led orchestration engine. It continuously scans millions of data points across project workflows, detects emerging risks, and routes actionable insights to the right stakeholders. This allows project managers to move from manual reporting cycles to intelligence-led decision-making.

The platform is complemented by Observance, Inkers’ operational intelligence solution that leverages computer vision, LiDAR, and real-time analytics to create a live digital twin of construction sites. Together, Kael and Observance bridge the gap between site-level activity and boardroom strategy, delivering end-to-end visibility, predictive foresight, and execution control.

“Construction is data-rich, the opportunity lies in turning that information into actionable intelligence,” said Rohan, CTO, Inkers Technology. “With Kael we’ve built an AI-native system that doesn’t just analyse information, but understands context, predicts outcomes, and orchestrates action. The shift we’re enabling is fundamental: from dashboards that report the past to intelligence that actively shapes the future of a project. That’s the difference between seeing risk and staying ahead of it.”

Early deployments have demonstrated measurable impact across project teams. By automating reporting and surfacing critical insights, Kael enables project managers to reclaim up to 3–4 hours daily. More importantly, early risk detection helps avoid cascading delays and cost escalations, while providing leadership with unfiltered, real-time visibility into project health.

As India continues to see rapid infrastructure and real estate expansion, with significant capital deployed across sectors, Kael aims to bring predictability and control to project delivery at scale. Globally, the company sees this as a defining moment where AI moves from experimentation to real-world orchestration in construction.

About Inkers Technology
Inkers Technology is a construction intelligence company focused on transforming project delivery through AI-led platforms. By combining deep industry expertise with advanced artificial intelligence, Inkers is building systems that turn fragmented project data into predictive, decision-ready intelligence enabling faster, smarter, and more reliable construction outcomes.

Galgotias University has been honoured with the prestigious “Blue Chip Partner Award” by L&T EduTech at NEXUS 2026, a national industry-academia leadership summit hosted by Larsen & Toubro in Mumbai.

Galgotias University was amongst the select institutions recognised by L&T EduTech with the prestigious Blue Chip Partner Award during NEXUS 2026 in Mumbai

The summit brought together more than 65 universities and colleges from across the country along with academic leaders and industry experts, with selected institutional collaborations being recognised by L&T EduTech for their contribution towards industry-integrated learning and applied skilling.

Galgotias University was among the select institutions honoured during the summit for its growing focus on application-oriented education, industry immersion, and experiential learning ecosystems aligned with evolving workforce and technology landscapes.

NEXUS 2026 served as a platform for discussions around the future of higher education, engineering education, skilling at scale, and the increasing importance of embedding practical and industry-led learning into mainstream academic programmes.

The recognition also reflects the expanding collaboration between Galgotias University and L&T EduTech across multiple initiatives aimed at bridging the gap between classroom learning and real-world industrial environments.

One of the major milestones of this collaboration has been the establishment of the Advanced EV Centre of Excellence by L&T EduTech and Galgotias University, focused on preparing students for the rapidly evolving electric mobility ecosystem through advanced infrastructure, hands-on exposure, and industry-aligned technical learning.

The first-of-its-kind facility by L&T EduTech will add to a growing ecosystem of industry-aligned laboratories and Centres of Excellence already operational at Galgotias University, including advanced facilities and collaborative ecosystems developed with organisations such as Intel, Apple, Cisco, Salesforce, Tata Technologies, Capgemini, and other leading technology and engineering partners across domains including AI, supercomputing, iOS development, cybersecurity, smart manufacturing, and digital engineering.

In addition, 336 students from Galgotias University are currently undergoing four-year industry-integrated learning pathways across advanced domains including AI-enabled manufacturing, semiconductor technologies, Industrial IoT, cybersecurity, smart infrastructure systems, applied data science, and digital engineering through programmes delivered in collaboration with L&T EduTech.

A key feature of the model is continuous semester-wise industry immersion, where students engage directly with industry experts through applied projects, guided assignments, simulations, and real-world technology exposure integrated within the academic journey itself. The approach reflects a broader shift towards “train before hire” ecosystems that equip students with practical understanding, technical confidence, and workplace readiness much earlier in their university life.

Speaking on the recognition, Dr. Dhruv Galgotia, CEO, Galgotias University, said, “Industry exposure cannot remain an optional layer added at the end of a degree. It has to become part of how students learn from the very beginning. Our collaboration with L&T EduTech is helping students engage with real technologies, real engineering systems, and practical problem solving in a far more immersive manner.

This recognition is meaningful because it acknowledges a shared effort towards building learning ecosystems that are deeply connected with the realities of industry, innovation, and technological change. We are grateful to L&T EduTech for this partnership and for creating opportunities that allow students to graduate with stronger practical capability, confidence, and industry readiness.”

The recognition at NEXUS 2026 further strengthens Galgotias University’s position as an institution focused on applied learning, industry collaboration, innovation-led education, and future-oriented student development.

Ranga Rao Memorial School for Differently Abled by the NR Foundation, the philanthropic arm of the NR Group, has started the admission procedure for this year. The school is inviting applications from Visually Impaired students across India for admission in the 2026-27 academic session.

Young minds learning, growing, and building a brighter future at Ranga Rao Memorial School for Differently Abled

Started in 1988, Ranga Rao Memorial School for Differently Abled is a free residential school initiated for visually challenged girls. The school operates under “Child centric project” and is supported by ‘Department of the Empowerment of Differently Abled and Senior Citizens’ Karnataka State. In the academic year 2017-2018 the school has received award of Best Service Organization in disabled sector from the Empowerment of Differently abled and senior citizen on the World Disability Day.

What started with two students is now a huge residential school that is changing the life of hundreds of visually impaired girls. It not only provides a safe haven and quality education, but also helps in holistic development and prepares students to live a life with dignity outside the school. Extra-curricular activities like dance, yoga workshops, bird watching, singing competition, vocational training, self-defence, skill marshal arts class and for low vision students exclusive basic tailoring course etc. are a part and parcel of life at RMSD. The school follows the state syllabus learning through Braille system taught by highly qualified teachers and imparts technology upgradation basic & computer skills.

It also provides parent counselling and organizes house-to-house visits to bring about awareness on the importance of educating and opportunities to visually impaired girls. Also, the all-round excellent performance of the students is a proof to the dedication and high-quality service rendered by the teachers and staff of RMSD.

About Ranga Rao Memorial School for Differently Abled (RMSD)

Ranga Rao Memorial School for Disabled (RMSD) is a free residential school for visually challenged girls from economically disadvantaged backgrounds, giving them confidence to be responsible for themselves. It is the only school in the Karnataka State exclusive to the Girls, the current strength of the school is 96, with a committed set of teachers and Ranga family members serving them for the last 37 years. Students who passed out from the school are today working at various institutions and leading their life with dignity which stands testimonial to the noble cause initiated by the NR group.

Over the last 37 years, RMSD has transformed the lives of countless visually impaired girls by focusing on holistic development, inclusive learning practices, and access to advanced digital tools.

RMSD, a free residential school for visually impaired girls from Grade 1 to Grade 10, functions under the ‘Child-Centric Project’ supported by the Department of the Empowerment of Differently Abled and Senior Citizens, Karnataka State. The school not only offers education, but also provides lodging, boarding, and healthcare facilities. It was established in 1988 to empower visually impaired girls in and around Mysuru through education and vocational training. Additionally, it equips students with life skills, music, dance, and basic cooking training.

SBI General Insurance, one of India’s leading general insurance companies, has announced a new film featuring Pankaj Tripathi in continuation of its campaign ‘Chuniye Bharosa, Apno Sa’. The film highlights the growing need for health insurance in our daily lives and in these uncertain times.

As part of its ‘Chuniye Bharosa, Apno Sa’ campaign, SBI General Insurance has launched a new film highlighting the importance of health cover for families

India is witnessing a steady rise in lifestyle-related health concerns and medical inflation, increasing the financial burden on households during emergencies. Recent government data released through the National Statistical Office’s (NSO) 80th round health survey showed that an average hospitalisation in the country now leads to an out-of-pocket expenditure of over Rs. 34,000 for households, underlining the significant financial burden medical emergencies can create for families despite growing health insurance penetration.

Featuring Pankaj Tripathi, the film is rooted in the realities of everyday life. It vividly reflects the daily hustle, long commutes, demanding workdays, and sacrifices people make to secure a better future for their families. Through an emotional and relatable narrative, the film reminds viewers that while they work tirelessly for their loved ones, they often overlook a key priority protecting the health and financial well-being of their families and securing the future of those who matter most. The campaign reinforces the importance of choosing trusted and adequate health insurance support during uncertain times.

Speaking on this, Rathin Lahiri, Head – Marketing & CSR, SBI General Insurance said, “Healthcare preparedness today is about more than just owning an insurance policy. For salaried individuals with family responsibilities, setting aside at least 2% of annual income towards insurance can be a prudent step to address changing health needs and rising medical costs. Through our Chuniye Bharosa, Apno Sa campaign, featuring Pankaj Tripathi as brand ambassador, we wanted to reflect the everyday efforts people make for their loved ones while encouraging a more proactive approach to protecting their family’s health and financial well-being. The campaign underscores the importance of choosing coverage that genuinely supports families during uncertain times.” 

Health insurance today is evolving beyond emergency financial support to become an important pillar of long-term healthcare and financial preparedness for families. Planning ahead through adequate health coverage can often help families navigate medical uncertainties more confidently while reducing financial strain during emergencies.

SBI General Insurance continues to offer customer-centric health insurance solutions designed to support individuals and families with comprehensive coverage and flexible benefits. Its recently launched Health Alpha plan offers customisable coverage options, cashless hospitalisation across an extensive hospital network, preventive healthcare benefits, coverage for modern treatments, and seamless claims assistance, helping customers choose protection suited to their evolving healthcare needs.

Below are the links for the video:

YouTube: youtu.be/hJEl7oFQqTA?feature=shared

LinkedIn:tinyurl.com/rbyrsvvn

Instagram:www.instagram.com/reel/DYOijkjtFLy/?igsh=Zjd3cjkweW5ieTg4
Twitter: x.com/sbigeneral/status/2054080811524309221?s=46
Facebook:www.facebook.com/share/r/1H4XS4jStf/?mibextid=wwXIfr

About SBI General Insurance

SBI General Insurance, one of the fastest-growing private general insurance firms, backed by the robust support of SBI, upholds a legacy of trust and security. We position ourselves as India’s most trusted general insurer amidst a dynamic landscape. Since our establishment in 2009, our expansion has been substantial, growing from 17 branches in 2011 to a nationwide presence in 146 branches.

The company received numerous prestigious accolades, showcasing its excellence across various domains. Key honors include being named as the Domestic General Insurer of the Year – India and Claims Initiative of the Year – India at Insurance Asia Awards 2025 Singapore, Large General Insurance category at the Mint BFSI Summit & Awards, the 3rd InsureNext Awards 2024 for Best Claims Settlement, and India’s Best General Insurer of the Year at the 7th Insurance Conclave Awards. At the India Insurance Summit & Awards 2024, the company secured titles for General Insurance Company of the Year and Leading Implementer of Analytics Technology in Insurance. Additionally, it was honored as the Best BFSI Brand at the ET NOW Best BFSI Brands Conclave 2024 and included in BW BusinessWorld’s India’s Most Respected Companies. Certified as a Great Place to Work in 2024, the company also excelled at the ETBFSI Exceller Awards 2024 with recognition for Best Claims Management in Insurance and Best CSR Campaign of the Year, further highlighting its commitment to social responsibility and  innovation.

With a team of over 9,000+ employees and our multi-distribution model covering Bancassurance, Agency, OEM, Broking, Retail Direct Channels, and Digital collaborations, we are committed to providing both Suraksha and Bharosa to all our consumers. Leveraging a vast network that includes over 22000+ SBI branches, plus agents, financial alliances, OEMs, and digital partners, we extend our services to even the most remote areas of India. Our offerings cater to Retail, Corporate, SME and Rural segments, and our diverse product portfolio ensures accessibility through both digital and physical channels.

• An Innovation Powerhouse: The initiative unites world-class experts in FoodTech, pet care, and ingredients to accelerate the transition toward a more sustainable pet food supply chain. 

• Seeking New and Scaling Ventures: The program is in pursuit of bold companies with groundbreaking solutions in alternative proteins, fats, oils and novel ingredients.

• Strategic Expansion in Asia: The 2026 program will place a stronger emphasis on Asia, reflecting the region’s growing importance in more sustainable food innovation and pet nutrition.

Big Idea Ventures and Mars Petcare announce the launch of the Next Generation Pet Food Program, in collaboration with industry leaders AAK, Buhler, Givaudan, and Ingredion. Now in its third year, the program has become a leading global platform for advancing sustainable solutions in pet nutrition, focused on identifying and scaling the next generation of breakthrough technologies.

Unlock Your Startup’s Potential in Pet Food Innovation

The program is seeking startups with groundbreaking low carbon materials that can be applied to pet food, with a strong focus on alternative proteins, fats, oils and novel ingredients. The Mars Petcare Raws4Paws Accelerator is investing in innovation and searching for the next generation of suppliers to help source the best ingredients to support healthy pets and help address concerns about ingredient accessibility, security, sustainability and changing consumer behavior in the pet industry.

Elisabetta Pierangelo, VP R&D Mars Pet Nutrition, said, “We are committed to exploring new technologies and scaling innovation that could reduce the environmental impact of pet food. Through previous cohorts, we’ve uncovered promising new solutions and seen transformative technological developments. I’m eager to build on that momentum and witness the breakthroughs this year’s program will unlock.”

The initiative connects innovators from the human food space to the pet food industry and provides expertise from global leaders to help accelerate their path to market. Over the past two years, the program has generated valuable insights into emerging technologies with several of the startups now testing concepts that could play a key role in shaping the future of sustainable pet food.

Andrew D. Ive, Founder and Managing General Partner of Big Idea Ventures, stated, “Our work with Mars Petcare and our partners has evolved into a focused engine for identifying and scaling the next generation of pet food ingredients. We are connecting high-quality startups with the corporations that can actually support these innovations to market, particularly across alternative proteins, fats, and novel ingredients. The priority now is not just discovery, but accelerating adoption and creating a more efficient path to commercial reality. With Asia playing an increasingly important role, this is about building a global system that consistently delivers better, more sustainable ingredients at scale.”

Selected companies will benefit from expert guidance, potential commercial partnerships, $15,000 and the opportunity to showcase their solutions at the Asia-Pacific Agri-Food Innovation Summit in Singapore.

The 2026 program is open to global applicants, with a strong preference for scalable solutions based in or focused on the Asia-Pacific region, innovators from all geographies are encouraged to apply on the program’s website: www.bigideaventures.com/pet-food-program/.

Manipal Institute of Regenerative Medicine (MIRM), a constituent unit of Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, organised TRANSLATE 2026, a two-day symposium focused on accelerating the journey of biomedical research from laboratory discovery to patient care.

During the Inaugural Session of TRANSLATE 2026

Supported by the Anusandhan National Research Foundation (ANRF), the symposium brought together scientists, clinicians, medtech startups, healthcare innovators, and industry leaders to explore how emerging biomedical technologies can evolve into scalable, clinically relevant, and industry-ready healthcare solutions.

At a time when healthcare systems are increasingly demanding patient-centric, technology-driven solutions, the conference highlighted the growing importance of translational research and deeper collaboration among academia, hospitals, startups, and industry. Experts at the symposium emphasised that many of the most impactful healthcare breakthroughs today emerge through interdisciplinary collaboration that connects scientific discovery with clinical and commercial application.

Inaugurating the conference, Prof. Madhu Veeraraghavan, Pro Vice Chancellor, MAHE Bengaluru, said, “Artificial Intelligence is transforming research and healthcare at an unprecedented pace, but meaningful innovation will ultimately depend on how effectively we translate knowledge into real patient impact. Platforms like TRANSLATE 2026 reflect MAHE Bengaluru’s commitment to building stronger collaborations between academia, clinicians, and industry to accelerate healthcare innovation.“

The symposium featured discussions on several emerging areas shaping the future of healthcare innovation, including advanced biomaterials, regenerative medicine, 3D and 4D bioprinting, tissue engineering, infection-resistant medical surfaces, and translational medical devices. Sessions explored how next-generation biomaterials and regenerative technologies are creating new possibilities in implant technologies, regenerative therapies, and biomedical devices designed for improved patient outcomes.

Industry and startup participation formed a key highlight of the event, with entrepreneurs and innovators sharing insights into the challenges of translating healthcare technologies from research environments into commercially viable and clinically deployable solutions. Discussions also focused on scaling indigenous medtech innovation, strengthening healthcare manufacturing ecosystems, and improving pathways for clinical adoption.

Speaking about the significance of the symposium, Prof. Jyothi Prasanna, Director, MIRM, said, “TRANSLATE 2026 was envisioned as a platform to bring together researchers, clinicians, innovators, and industry leaders to collectively address how scientific discoveries can be translated into meaningful patient impact. The future of regenerative medicine and biomaterials research lies in interdisciplinary collaborations that can accelerate clinically relevant and socially impactful healthcare solutions.“

By bringing together voices from science, healthcare, technology, and entrepreneurship, TRANSLATE 2026 reinforced MAHE Bengaluru’s growing role in advancing translational biomedical research and supporting India’s emerging ambitions in medtech, regenerative medicine, and healthcare innovation.

Red Hat, the world’s leading provider of open-source solutions, today announced expanded capabilities across its developer portfolio specifically built for the requirements of AI agents. Through the newly-available Red Hat Desktop and enhancements to Red Hat Advanced Developer Suite, Red Hat intends to smooth the transition from agents running locally on developer workstations to production-scale deployments across the hybrid cloud.
 

What Red Hat announced

With today’s general availability of Red Hat Desktop, Red Hat is providing commercial support for the Red Hat build of Podman Desktop, creating a more reliable foundation for local container and AI development. Red Hat Desktop also includes capabilities for isolated AI agent sandboxing, an initiative designed to help developers execute and test autonomous agents in a protected sandbox on their local hardware, preventing unverified agent actions from affecting the host OS. Red Hat Advanced Developer Suite also adds new capabilities, including a trusted software factory, Red Hat Trusted Libraries and AI-driven exploit intelligence to modernize security across the software supply chain. These new features use AI to determine if known vulnerabilities in generated code are relevant to a specific application runtime, allowing developers to prioritize remediation based on actual risk.
 

Why this matters

As the volume of AI-generated code increases, developers need a workflow that balances local experimentation with enterprise-grade deployment. Whether developers start locally with Red Hat Desktop or in a cloud-based development environment via Red Hat OpenShift Dev Spaces, they receive the same consistency and governance required for enterprise production. By unifying these environments and transitioning to production scale with Red Hat OpenShift, Red Hat enables teams to treat AI agents as tier-one applications. This approach provides a security-driven path to production, enabling developers to move from experimental local sandboxes to verified, scalable innovation across the hybrid cloud.
 

What Red Hat experts are saying

“The transition to agentic AI expands the requirements for modern application development,” said James Labocki, Senior Director, Product Management, Red Hat. “By establishing a trusted production path across the hybrid cloud with Red Hat Advanced Developer Suite and providing consistent environments through Red Hat Desktop and Red Hat OpenShift Dev Spaces, we’re helping developers accelerate and own their AI strategy with the same rigor they apply to their core IT applications.”

Key takeaways

• Standardized AI lifecycle: Red Hat provides a more consistent experience from local machines to the cloud, helping organizations move AI from experimental projects to repeatable production workflows.

• Maintain developer choice: Red Hat has expanded support in Red Hat OpenShift Dev Spaces, a Red Hat OpenShift feature, to include integration with Amazon Web Services (AWS) Kiro coding assistant (technical preview). This joins existing integration for Microsoft Copilot, Claude CLI and more, providing the flexibility to use preferred coding assistants and environments from local machines.

• Shift security left: Built on Red Hat Hardened Images and Red Hat Trusted Libraries (both available with SLSA Level 3 origin and integrity), these tools provide a software supply chain that is transparent and verifiable before code is even written.

• Sandbox-first testing: Developers can execute autonomous agents in an isolated environment, providing a safety layer to observe agent behaviors before cluster deployment.

Deeper details:

Red Hat Desktop and Podman integration
Red Hat Desktop delivers an enterprise-supported environment for local container and AI development centered on the hardened and supported Red Hat build of Podman Desktop. Developers can easily access the full library of Red Hat Hardened Images from their laptop, while connecting to local or remote OpenShift clusters for unit testing. This ensures that the container running on the developer’s machine is architecturally consistent with the one running in production. Developers looking to test sandboxed AI agents can find more information at www.openkaiden.ai.
 

Flexible coding assistants

Red Hat OpenShift Dev Spaces now provides an extensible framework that allows developers to integrate preferred AI-driven tools directly into their cloud-based IDE. This includes new support for the AWS Kiro coding assistant (technical preview), alongside existing integrations for Microsoft Copilot, Claude CLI, Cline, Continue, Roo and more. By supporting both proprietary and open-source assistants, Red Hat enables teams to use frontier models or host private models, helping to align developer productivity tools with corporate security and sovereignty requirements.
 

Red Hat Advanced Developer Suite enhancements
The latest version of Red Hat Advanced Developer Suite introduces the developer preview of a trusted software factory based on accepted CNCF best practices and Red Hat’s internal build processes. This provides a standards-based CI/CD implementation that customers can use as-is or tweak and replicate to meet specific needs. Additional features include:

• Red Hat Trusted Libraries: Curated Python packages built on SLSA Level 3 infrastructure with added  software bill of materials (SBOMs) and cryptographic signatures to help provide a more transparent and verifiable software supply chain.

• Exploit intelligence: Developed using the NVIDIA AI blueprint for vulnerability analysis, this capability uses AI-driven code reasoning to determine if a vulnerable function is actually reachable in an application’s runtime environment. By isolating exploitable code paths from broader vulnerability data, Red Hat helps developers prioritize fixes that actually impact security.
   

Red Hat Summit

Join the Red Hat Summit keynotes live on YouTube to hear the latest from Red Hat executives, customers and partners:

• The next platform is choice — Tuesday, May 12, 8:30-10 a.m. EDT

• The AI-ready enterprise is here — Wednesday, May 13, 9-10 a.m. EDT
   

Learn more:

• OpenShift: Consistent integration for the hybrid enterprise

• Red Hat Hardened Images Accelerates Cloud-Native Development and Zero-CVE Strategies

• Red Hat Desktop brings Kubernetes-aligned development to the desktop

• From experimentation to production: Building trust in the agentic AI era

• Learn more about Red Hat Summit

• See all of Red Hat’s announcements this week in the Red Hat Summit newsroom

• Follow @RedHatSummit or #RHSummit on X for event-specific updates

Connect with Red Hat

• Learn more about Red Hat

• Get more news in the Red Hat newsroom

• Read the Red Hat blog

• Follow Red Hat on X

• Follow Red Hat on Instagram

• Watch Red Hat videos on YouTube

• Follow Red Hat on LinkedIn

About Red Hat

Red Hat is the open hybrid cloud technology leader, delivering a trusted, consistent and comprehensive foundation for transformative IT innovation and AI applications. Its portfolio of cloud, developer, AI, Linux, automation and application platform technologies enables any application, anywhere—from the datacenter to the edge. As the world’s leading provider of enterprise open source software solutions, Red Hat invests in open ecosystems and communities to solve tomorrow’s IT challenges. Collaborating with partners and customers, Red Hat helps them build, connect, automate, secure and manage their IT environments, supported by consulting services and award-winning training and certification offerings.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company’s current assumptions regarding future business and financial performance.  These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements.

Red Hat, Red Hat Enterprise Linux, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, LLC or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.

Spektrum Capital Advisors, a U.S.-based mid-market investment bank, is pleased to announce its role as advisor to Mumbai-based Vertoz Limited, a publicly listed digital advertising and AI-led media execution company, in its acquisition of WebiMax LLC, a U.S.-based AI-driven marketing automation and performance advertising firm, through its wholly owned USA subsidiary, Vertoz Inc.
 

The transaction, valued at an enterprise value of approximately USD 6.6 million, involves the acquisition of an initial 80% stake, with the balance to be acquired over the next three years based on performance milestones.
 

Spektrum Capital Advisors advises Vertoz Limited on its acquisition of U.S.-based WebiMax, strengthening India-U.S. cross-border digital platform expansion
 

The deal underscores a broader trend of Indian companies pursuing strategic acquisitions in the United States to accelerate global expansion, enhance digital capabilities, and access established client bases.
 

WebiMax, headquartered in New Jersey, reported revenues of approximately USD 12 million in CY2024 and provides marketing automation, SEO, paid media, and performance marketing solutions to enterprise and mid-market clients across North America.
 

Strategic Rationale

This acquisition strengthens Vertoz’s global platform by:

• Expanding its presence in the U.S. digital marketing market

• Enhancing AI-led performance marketing capabilities

• Unlocking cross-border client and revenue synergies

• Creating a scalable foundation for further global expansion
   

The transaction is structured as a non-dilutive acquisition, funded through a combination of debt (~75%) and internal accruals (~25%), reflecting Vertoz’s disciplined capital strategy.

vertoz.com/ir/wp-content/uploads/2026/02/PR_stamped_sd.pdf
 

Management Commentary

Ashish Shah, Co-founder & Director, Vertoz Limited, said, “This acquisition is a strategic step in building Vertoz as a global, outcome-driven media execution company.” The U.S. market is a key focus area, and WebiMax provides both capability and market access to accelerate our growth.”
 

Venkat Radhakrishnan, Partner at Spektrum Capital Advisors, added, “This transaction reflects the growing momentum of Indian companies expanding globally through U.S. acquisitions. We continue to see strong demand for high-quality U.S. assets and are actively working on similar cross-border opportunities.”
 

Cross-Border M&A Focus

Spektrum Capital Advisors focuses on advising Indian companies on U.S. acquisitions and capital raising across technology, healthcare, and consumer sectors.
 

The firm is actively advising:

• Indian listed companies pursuing U.S. expansion.

• Private equity investors seeking platform and add-on acquisitions.

• U.S.-based founder-led businesses evaluating strategic exits.
   

For Strategic Acquirers & Founders

• Indian companies exploring U.S. acquisitions:

• Spektrum is currently engaged on proprietary opportunities in the $5–50M revenue range.

• U.S. business owners considering a sale or partnership:

• The firm is seeing increasing demand from international strategic buyers.
   

For strategic discussions on U.S. acquisitions or cross-border partnerships:
Venkat Radhakrishnan
Partner, Spektrum Capital Advisors, www.spektrumcapital.com
venkat@spektrumcapital.com
+1 917 717 5043
 

About Spektrum Capital Advisors

Spektrum Capital Advisors is a New York-based mid-market investment bank providing M&A advisory and capital raising services, with a strong focus on cross-border transactions between India and the United States.
 

Disclaimer

Securities and investment banking services are offered through BA Securities, LLC, Member Financial Industry Regulatory Authority (FINRA), and Securities Investor Protection Corporation (SIPC). Spektrum Capital Advisors LLC and BA Securities, LLC are separate and unaffiliated entities.
 

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any testimonial or endorsement may not be representative of the experience of other clients and is no guarantee of future performance or success.

World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations across nearly 100 countries and territories — and World Trade Center Greater Philadelphia (WTCGP) successfully concluded the 56th annual WTCA Global Business Forum (GBF), held April 19-22, 2026, in Philadelphia, Pennsylvania.

Over 500 Leaders From More Than 50 Countries & Territories Attend 56th Annual World Trade Centers Association Global Business Forum, Philadelphia

The four-day event marked the Forum’s return to the United States after nearly a decade, convening over 500 attendees representing 116 WTC businesses across 53 countries and territories, including over 200 business delegates, both in person and virtually. Participants included leaders from business, government, academia and international organizations, all attending with the purpose of advancing global trade, investment and collaboration.

Attendees participated in panels, workshops, site visits and networking sessions, with B2B meetings facilitated through the B2Match platform connecting participants with potential partners, investors and distributors. The programming focused on driving practical business outcomes and cross-border connections.

Under the theme “Historic Foundations, Future Collaborations: Cultivating New Business Frontiers,” the Forum addressed practical avenues to build meaningful global partnership in the context of current global economic conditions. Programming featured keynote addresses from Philadelphia Mayor Cherelle Parker; who highlighted Philadelphia’s economic momentum, global connectivity and growing reputation as a city open for international business and investment; Ambassador Xie Feng of the People’s Republic of China, who reinforced the role of trade and dialogue in supporting long-term economic growth and global cooperation; and Former U.S. Ambassador to Canada David Cohen who discussed the current state of global trade and the importance of connection; along with a discussion on how culture drives long-term economic strength with NBA Hall of Famer and entrepreneur Julius “Dr. J” Erving, Pennsylvania State Representative Jordan Harris, and WTCGP President and CEO Thomas Young. During the conversation, Dr. J reflected on how the discipline, resilience and pursuit of excellence found in sports can translate into business leadership, innovation and community impact. Additional sessions covered trade dynamics, investment trends and cross-sector collaboration. 

Recent shifts in the global trade landscape, marked by policy changes and uneven market conditions, framed much of the discussion at this year’s Forum. Programming brought companies, investors and trade organizations into the same room to assess experiences, risks and deal opportunities. Conversations centered on practical solutions for access, timing and scalable execution. Across sessions, participants pointed to WTCA’s role as a consistent convening platform where commercial relationships are advanced even as conditions remain unpredictable.

“In today’s climate, meeting in person is essential for fostering authentic connections, and the annual WTCA Global Business Forum opens the conversation to shed light on the reality of the current trade environment — where uncertainty, shifting policies and economic pressures are reshaping how business gets done across borders,” said John E. Drew, Chair of the WTCA Board of Directors. “Through this Forum, the global WTCA network provides a trusted platform for leaders to exchange perspectives, build relationships and move forward with the clarity and confidence they need as they continue advancing their regional economies. This year, we reinforced that global connection and engagement is critical in driving reliable trade, investment and long-term economic growth even in challenging times.”

Philadelphia served as a strong backdrop for this year’s Forum, showcasing its economic strengths across food and agriculture, higher education, life sciences, manufacturing, and innovation and technology. Its strategic location along the Northeast Corridor and established global connections reinforced its vital role as a hub for international business and trade.

“It meant a lot to host the WTCA network here in Philadelphia, especially as the U.S. approaches its 250th anniversary,” said Thomas Young, President and CEO of WTCGP. “There’s a strong sense of history here, but also real momentum. Throughout the Forum, we saw people making connections that go beyond introductions — the kind that lead to business, partnerships and long-term growth. That was happening in B2B meetings, in sessions and in conversations across the city, and it’s exactly what this network is built to support — bringing people together in ways that translate into real economic opportunity.”

Additionally, the WTCA Real Estate Summit returned for its second year, examining global capital flows, investment strategy and development trends, with a macro view on the state of commercial real estate and Philadelphia’s positioning as a competitive investment market. The Forum also marked the launch of the UNIDO-WTCA Blue Economy Global Call 2026, an international open innovation initiative seeking scalable solutions across sectors including blue renewable energy, sustainable food systems, green maritime transport, coastal tourism, ecosystem restoration and blue tech. The initiative introduced a growing area of focus for WTCA and underscored the increasing connection between environmental sustainability, economic opportunity and global business collaboration. Companies, startups and research institutions are invited to apply by June 19, 2026. 

Building on the momentum of this year’s Forum, WTCA will continue to support its global network through ongoing programming and partnerships that strengthen international business ties and expand opportunities for members worldwide. The 57th annual WTCA GBF will take place April 4-7, 2027, hosted by World Trade Center Binh Duong New City (WTC BDNC) in Binh Duong New City, Vietnam. Next year’s Forum will underscore Vietnam’s continued rise as a hub for innovation, industry and international connectivity.