- Published on August 7, 2025
- In IT Services
Indian IT Sits on $20 Bn Cash as Accenture, Capgemini Keep Buying AI Startups
“If we don’t act now, we risk looking back in regret for having missed a generational opportunity.”
- By Mohit Pandey
July witnessed significant activity in the AI acquisitions space. Notable among these was the high-profile $2.4 billion transaction involving OpenAI, Cognition, and Windsurf. However, developments extended even into the services industry, marked by a substantial deal with noteworthy implications for the Indian IT sector.
Paris-based Capgemini announced the acquisition of WNS for $3.3 billion in cash. This move goes far beyond a typical BPO deal; it’s a bet on agentic AI, and yet another wake-up call for Indian IT firms, many of which are sitting on billions of dollars of idle cash.
As of June, India’s five largest IT services firms, namely TCS, Infosys, Wipro, HCLTech and Tech Mahindra, collectively hold over $20.6 billion in cash and investments.
TCS leads the pac
📣 Want to advertise in AIM? Book here
Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
Related Posts
How Neysa Stands Out in the IndiaAI GPU Race
Unlike other providers focused on GPU allocation, Neysa claims to deliver an end-to-end AI cloud platform.
Two Indian Engineers on a Mission to Automate Home Cooking for the World
In a live demonstration for AIM, Posha prepared paneer tikka masala in approximately 25 minutes
BharatGen and the Pursuit of Sovereign, Scalable AI for India
“Knowledge-driven components are important because we don’t want everything to be just algorithmic innovation.”
How Pradhi AI Embeds Emotional Intelligence in Voice AI
As businesses recognise the potential of voice-driven tech, Pradhi AI is laying the foundation for an empathetic, responsive AI ecosystem.
Mangaluru Looks to Build Its Own Tech Identity, Not Replicate Bangalore
“The coastal city could showcase tangible results by applying deep tech to areas it already dominates”
Google’s Gemini Nano Banana and the Cost of Convenience
The company’s new AI image and photo editor deepens concerns over data use and consent gaps, experts warn.
BharatGen’s ‘Recipe’ for Building a Trillion Parameters Indic Model
The consortium insists sovereignty doesn’t mean shutting the door on global players.
Storytelling is in the Creator’s Control with GenAI
“Democracy would not have been possible without storytelling being distributed.”
Download the easiest way to
stay informed
stay informed
