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Salil Parekh Becomes The New Infosys CEO
Salil Parekh has taken charge of the Bengaluru based information technology (IT) major, Infosys, as the new Managing Director and Chief Executive Officer. Parekh has been appointed as the new MD and CEO for a period of five years effective from January 2, 2018.
Infosys has had a bumpy year with multiple heads resigning from the company over issues with the founder Narayana Murthy. The former CEO of Infosys, Vishal Sikka, stepped down from his position in August last year after a prolonged standoff with the promoters. The company has been on a lookout for a new head since then. Salil Parekh will be replacing the interim CEO U. B. Pravin Rao.
Parekh was previously the chief executive officer of the professional services and business consulting corporation Capgemini. Parekh is credited with building Capgemini’s IT operations in India and with their acquisition of iGate in 2015. Parekh was also a partner at professional services firm Ernst & Young when Capgemini bought the IT consulting practice. Similar to Sikka, Parekh is the second outsider to take the top job at the 36 year old company.
At Infosys, Parekh will be working with co founder, Nandan Nilekani, who was recently named as the Non Executive Chairman of the company. Parekh also received the green signal from Infosys co founder Narayana Murthy, unlike Sikka. Parekh will be responsible for bringing stability to the company, shore up their outsourcing business, retain talent and carry forward Sikka’s automation strategy. Besides these responsibilities, Parekh will also have to quickly lay out the strategic direction for the firm as Sikka had tried to veer the company away from its traditional strengths.
Infosys is also set to announce its third quarter financials on 12 January 2018. The main aim of the $10 billion company will be to bring back the focus on revenue growth and business strategy under the new leadership.
OpenAI’s introduction of trusted contact safeguards for potential self-harm cases reflects a major evolution in AI responsibility.
Beyond Moderation
AI safety is shifting from simply blocking harmful content to actively supporting user wellbeing through:
- early risk detection
- human-centered intervention
- stronger emotional safety frameworks
This positions AI as more than an information tool—it becomes part of broader digital support systems.
Key Industry Impact
Trusted contact models could influence future safety standards across:
- AI assistants
- mental health platforms
- social media
- digital health services
The Bigger Challenge
While promising, success depends on balancing:
- privacy
- consent
- ethical intervention
- user trust
Final Take
This move signals that the future of AI safety may rely not just on preventing harmful responses, but on building more responsible, human-connected support systems.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
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