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TiE Delhi-NCR and Binary Semantics unveil startup CFO Awards
Mumbai: TiE Delhi-NCR, in collaboration with a global technology company, Binary Semantics recently announced the first edition of the Annual Startup CFO Awards. This groundbreaking initiative I aimed at celebrating the exceptional achievements of chief financial officers (CFOs) in the startup ecosystem. The awards aim to acknowledge these trailblazers whose transformative leadership reshapes the trajectory of modern Startups.
CFOs today transcend conventional boundaries. The CFO roles today have it all – the dynamic acumen of an entrepreneur and a strategic mindset driving them to navigate evolving market space. It is paramount to recognize and celebrate the exceptional contributions of CFOs. These visionary leaders emerge as the face of innovation drivers of India, propelling organizational success to unprecedented heights.
Binary Semantics Growth and Strategy Leader Srijan Choudhary said,
“India’s entrepreneurial growth story needs their continued focus on harnessing technology to build strong, sustainable startup ecosystems. At Binary Semantics along with TiE Delhi-NCR, we are proud to be part of the transformative journey of acknowledging and honouring the visionary CFOs shaping India’s entrepreneurial terrain.”
Highlighting their significant contributions to India’s entrepreneurial landscape, the awards will recognize CFOs across 8 categories: 1. Energy, Infrastructure and Cleantech Startup CFO of the year; 2. Manufacturing Startup CFO of the year; 3. Pharma, Chemicals & Biotech Startup CFO of the year; 4. Consumer Products, E-commerce Startup CFO of the year; 5. Logistics Startup CFO of the year; 6. Digital Innovation Startup CFO of the year; 7. Financial Management & Reporting Excellence Startup CFO of the year; 8. Governance and Compliance Excellence Startup CFO of the year.
Talking about the awards TiE Delhi-NCR & CEO, president Alok Mittal stated, “TiE Delhi-NCR is proud to unveil the Startup CFO Awards in collaboration with Binary Semantics at TiEcon Delhi 2024. This initiative exemplifies our commitment to recognizing and honouring the unsung heroes and leaders who contribute to a venture’s success. The Startup CFO Awards aim to shine a spotlight on the financial architects behind startup triumphs. TiEcon Delhi 2024 will serve as a convergence for industry leaders, entrepreneurs, and innovators, providing a platform for collaboration, knowledge sharing, and celebration. We invite the entire entrepreneurial community to join us on this remarkable journey of acknowledging excellence, innovation, and sustainable growth.”
The distinguished panel of experts comprising the jury for evaluation of the entries includes Mandeep Mehta – Group CFO, PB Fintech; Mayank Gupta – CFO, CarDekho; Rohit Sabherwal – Founder & Managing Partner, Integra Solutions LLP; Siddhartha Khaitan, CFO – ESME Consumer P Ltd . The awards provide a unique opportunity for industry recognition, networking with senior business leaders, and sharing success stories. Shortlisted applicants will receive a 6-month subscription to GSTrobo – GST Compliance, return filing and Reconciliation, e-invoicing and e-way bill solution courtesy of Binary Semantics.
TiEcon Delhi 2024, themed the New Bharat: Confident, Bold, Inclusive will be a hub for networking, funding and learning. It will witness the convergence of industry leaders, entrepreneurs, and finance professionals. The Startup CFO Awards add a unique dimension to the event, recognizing key players in financial leadership driving innovation and economic growth while underscoring TiE Delhi-NCR’s commitment to fostering excellence and innovation in entrepreneurship.
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Infosys invests Rs 290 crore to expand Mohali development centre
New 350,000 sq ft facility to house 3,000 employees and boost AI work.
MUMBAI: In India’s tech corridors, even the skyline is beginning to look a little more digital. Infosys has begun expanding its development centre in Mohali with an investment of around Rs 290 crore, strengthening its presence in North India as demand grows for artificial intelligence and cloud driven enterprise solutions. The expansion project was marked by a groundbreaking ceremony attended by senior company leaders and officials from the Punjab government, according to a report by The Times of India.
The new development will include a dedicated software development block along with additional infrastructure to support the company’s growing operations.
Once completed, the facility will add approximately 350,000 square feet of built up space and is expected to accommodate around 3,000 employees. The expanded campus will support the development and deployment of large scale technology solutions across areas such as artificial intelligence, cloud computing, application development and broader digital transformation programmes.
Infosys currently employs close to 1,000 professionals at its Mohali centre, where teams deliver digital services to global clients across industries including banking and financial services, retail and healthcare.
The expansion is also expected to strengthen the region’s technology ecosystem by generating new employment opportunities and increasing the availability of skilled talent in the area.
With the additional infrastructure, Infosys plans to expand its work on AI led enterprise solutions, while improving operational agility and enabling more flexible hybrid working arrangements for its workforce.
As companies around the world accelerate their digital transformation journeys, the expanded Mohali campus is expected to play a growing role in supporting enterprise clients adopting AI driven innovation and next generation technology platforms.
