The Tech Panda looks at Indian Fintech expanding to Sri Lankan Bank while a Swiss bank expands its presence in Hyderabad with a new office. In space technology, Indian Drone tech and European helicopters tie up for Flexrotor drones. For Artificial Intelligence, Indian and Silicon Valley tech partner to accelerate enterprise AI deployment and supercharge startups. And in HealthTech, Indian an precision oncology company partners with a French one to advance inclusive cancer research.
Aurionpro Solutions Limited (BSE: 532668 | NSE: AURIONPRO), a banking technology platform, announced the successful go-live of its next-generation cash management platform, iCashpro, at Commercial Bank of Ceylon (CBC), Sri Lanka. This marks a major milestone in CBC’s digital transformation journey to strengthen its corporate and institutional banking capabilities.
S Prabagar, Chief Operating Officer, Commercial Bank of Ceylon, commented, “We are pleased to partner with Aurionpro Solutions as we continue to strengthen CBC’s digital banking capabilities. This go-live is an important step in CBC’s stated focus on digital transformation and customer-centric banking, strengthening its cash management foundation for scale. The seamless execution and delivery quality provided by Aurionpro have been exemplary, ensuring a smooth go-live. The timely deployment reinforces our confidence in the platform’s quality and its ability to support long-term growth.”
Poonam Puthran, EVP & Head, Transaction Banking Group, Aurionpro Solutions, commented, “We are proud to partner with Commercial Bank of Ceylon as they modernize and scale their cash management franchise. This go-live is a strong validation of Aurionpro’s vision to lead the next wave of cash management banking with intuitive tech and IP-led platforms. By bringing iCashpro’s payments capabilities live for CBC’s corporate clients, we are helping the bank deliver faster, more secure, and insight-rich experiences today.”
Garuda Aerospace, a drone technology and services company, has signed a contract with Airbus Helicopters for the acquisition of up to 18 Flexrotor Uncrewed Aerial Systems (UAS). The agreement marks a significant step in Garuda’s strategy to expand its global unmanned aerial systems leasing and services portfolio, enabling the company to deliver high- endurance aerial intelligence and monitoring solutions across international markets.
“We are very proud to partner with Garuda as they have selected the Flexrotor to support the development of their global UAS portfolio,” said Olivier Michalon, Executive Vice President, Global Business for Airbus Helicopters.
“Our partnership with Airbus Helicopters to integrate the Flexrotor into our global leasing portfolio marks a significant milestone in our international expansion and investment strategy,” said Agnishwar Jayaprakash, Founder & CEO of Garuda Aerospace. “Having manufactured and sold over 5,000 drones and served more than 500 enterprise and government clients globally, we are now scaling our range of services and strengthening our global product portfolio. With over 1 million flight hours, 30% market dominance in the agri-drone segment, and a diversified presence across agriculture, defence and industrial sectors, the Flexrotor’s arrival further strengthens our ability to deliver high-endurance, mission-critical unmanned solutions for the most demanding operations worldwide.”
Proximal Cloud, an Indian technology company focused on private AI infrastructure and enterprise deep research platforms, has tied up with Instant Systems Inc., a Silicon Valley-based AI-first venture builder that creates scalable software products and global technology teams for fast-growing startups, large enterprises, and government’s sovereign AI initiatives.
“All of our ventures demand practical, reliable AI systems that can operate at enterprise scale,” said Uzay Takaoglu, Co-Founder and eVP, Instant Systems. “Many existing solutions are either too specialised or difficult to sustain operationally. Proximal Cloud’s approach to private AI and data intelligence creates strong foundations for building long-term, scalable ventures.”
Renu Raman, CEO and Founder, Proximal Cloud, said, “Enterprises today are looking for AI platforms that are secure, adaptable, and built around their data environments. Our partnership with Instant Systems strengthens our ability to deliver end-to-end AI capabilities, from infrastructure and data management to application development and deployment.”
4baseCare, a precision oncology company building population-relevant clinico-genomic intelligence, has collaborated with France-based Owkin, an agentic AI company focused on Biological Artificial Superintelligence (BASI), to advance inclusive cancer research.
Thomas Clozel, CEO and Co-Founder, Owkin, said, “We are on a mission to build biological artificial superintelligence to cure all diseases. Global patient data is the key to unlocking this. We are excited to enhance our collaborations in India to turn fragmented datasets into meaningful discoveries for more inclusive therapeutic breakthroughs”.
Kshitij Rishi, COO & Co-Founder, 4baseCare, said, “Precision oncology is only as strong as the data behind it. At 4baseCare, we build inclusive genomic datasets reflecting the diversity of the global south, non Caucasian patients and combine them with advanced AI to enable more informed treatment decisions. We look forward to working with Owkin to ensure underrepresented populations are meaningfully included in global research and next-generation drug development.”
UBS, a Swiss multinational investment bank and financial services firm opened a new office in Hyderabad at Centaurus by Phoenix in Gachibowli, further expanding its footprint in the city and strengthening its long-term presence in India.
“Telangana is building a strong ecosystem for Global Capability Centers, and we are pleased to see UBS has chosen to expand its presence in Hyderabad. UBS has emerged as a strong partner in Telangana’s growth story, bringing global scale and deep capabilities to the state’s GCC ecosystem. We view this expansion as a long-term partnership in growth that strengthens Hyderabad’s role in global innovation while contributing to the broader India–Switzerland & EU economic relationship,” said D. Sridhar Babu, Minister for Information Technology, Electronics & Communications, Industries & Commerce, Government of Telangana, who was present for the inauguration.
“The Trade and Economic Partnership Agreement (TEPA) will further strengthen the already robust economic ties between Switzerland and India. It will create new opportunities for businesses and individuals in both countries through investment, manufacturing and trade, as well as by generating more jobs. UBS’s growing presence in India aligns with this vision, reinforcing India‘s role as a strategic hub for supporting global innovation and service delivery on a large scale,” said Dr. Angela Honegger, CEO & Consul General at Swissnex in India, Consulate General of Switzerland.
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