3650 Capital Wins PERE Credit Alternative Lender of the Year Award

Business Wire India

3650 Capital (“3650”), a nationwide alternative commercial real estate lender, special servicer and solutions provider focused on originating, servicing and asset-managing loans and providing advisory support to global institutions, today announced it has been named PERE Credit’s 2025 Alternative Lender of the Year in the sub-$5 billion real estate AUM category.

 

“We are honored to receive this recognition from PERE Credit which reflects the strength of our company’s unique business model as well as our team’s ability to consistently provide innovative capital solutions,” said 3650 Capital Co-Founder and Managing Partner Toby Cobb. “Over the last year, we have continued to successfully navigate complex and uncertain market conditions by maintaining our focus on deep borrower relationships and strategically deploying capital across geographies, asset classes, and property lifecycles.”

 

 

The award recognizes 3650’s exceptional performance in 2025, which reflected a total transaction volume of approximately $2.3 billion while expanding its offerings to include preferred equity and structured capital solutions through its Special Situations Investment Strategy (SSIS). This evolution, combined with 3650’s existing short-term Real Estate Credit Solutions (RECS) platform and Stable Cash Flow permanent financing capabilities, uniquely position the firm to address complicated transactions across the capital stack and any asset class.

 

 

3650 Capital Co-Founder and Managing Partner Jonathan Roth stated, “We are delighted to receive this award, especially at a time when we are utilizing our ability to step into complex situations that other lenders might avoid and providing the hands-on real estate expertise that today’s market demands. Whether it is ground-up construction, permanent financing or special situations, our vertically integrated platform allows us to deliver tailored solutions that help our borrowers achieve their desired business objectives.”

 

 

A select few of 3650’s notable transactions in 2025 include:

 

 

  • A $143 million mezzanine loan for One Brickell Riverfront, a two-tower condominium development and one of the largest transactions in South Florida in 2025;
  • A $74 million ground-up construction loan for Miami’s Bay Harbor Islands’ only trophy office building, One Kane Concourse, unique for being ground-up office construction as new office delivery remains low;
  • A $32 million mezzanine loan for the ground-up construction of The Coastline, a Class A multifamily property in Stamford, CT;
  • $18.5 million of a $36 million mezzanine loan for the NYC Prime Storage portfolio, comprising 7,200 self-storage units across three assets;
  • A $14.5 million Horizontal Risk Retention tranche of a $290 million single-asset, single-borrower securitization collateralized by Alderwood Mall, a 1.2 million SF super‑regional shopping center in the Seattle metro area; and
  • A $35 million Horizontal Risk Retention tranche of a $700 million single-asset, single-borrower securitization collateralized by Arcapita Industrial Portfolio, a portfolio of 167 flex industrial buildings totaling 7.2 million SF across nine U.S. markets.

 

 

3650 Capital provides diverse lending and investing capabilities to its borrowers, offering flexible capital solutions for everything from stable cash flowing assets to single-asset single-borrower (SASB) transactions, to transitional, opportunistic, mezz, preferred equity and special situations projects. The firm manages a loan servicing portfolio of approximately $16.3 billion in commercial real estate loans and securities.

 

About 3650 Capital

 

 

3650 (pronounced “Thirty-Six Fifty”) Capital is an alternative commercial real estate lender, special servicer and solutions provider, servicing portfolio loans for borrowers while providing a full suite of financing products. 3650’s highly differentiated lending process, national scale, vertically integrated platform and rated special servicer status enable it to deliver tailored financing and equity solutions, high-touch service and reliable, customer-focused outcomes. Additionally, 3650’s ability to retain the risk on each investment allows it to closely manage its portfolio. Co-Founders and Managing Partners Toby Cobb, Justin Kennedy and Jonathan Roth have played leading roles in the evolution of the commercial real estate debt markets. Headquartered in Miami, Florida with offices in New York, Los Angeles, Dallas, Atlanta, Nashville and Washington D.C. For more information, visit: www.3650capital.com.

 

 

3650 was among the managers recognized by The Korea Economic Daily for ‘Best Performance’ in the Real Estate Mid Cap category for its 2024 Best Asset Managers Awards. Additional details about The Korea Economic Daily’s selection methodology are available at: https://www.kedglobal.com/alternative-investments/newsView/ked202502260001.

 

 

THIS INFORMATION DOES NOT CONSTITUTE AN OFFER TO SELL, OR A SOLICITATION OF AN OFFER TO BUY, SECURITIES IN ANY JURISDICTION.

 

 

 

 

 

Smartly Announces Amazon DSP Integration to Extend Intelligent Creative and Campaign Management to Connected TV

Business Wire India

Smartly announced today an integration with Amazon DSP that enables advertisers to extend their Smartly video campaigns to Amazon’s premium CTV inventory, including Prime Video and Fire TV, and third-party publisher inventory. The new integration addresses growing market demand as CTV investment accelerates, with nearly 70% of marketers1 planning to increase streaming budgets over the next year while seeking more personalization, agility, and measurable outcomes from their campaigns. The Smartly integration with Amazon DSP is available globally, with additional features rolling out later in 2026.

 

The integration brings streaming TV activation into advertisers’ existing workflows in Smartly through three core capabilities. Smartly enables AI-powered creative optimization and personalization from social channels to streaming. The new capability eliminates the creative production bottlenecks that prevent many advertisers from activating CTV campaigns. Advertisers can then create, manage, and optimize Amazon DSP campaigns within the same workflow they use for social advertising, with real-time performance visibility across channels. The unified approach enables cross-channel measurement of incremental reach, and the ability to streamline budget reallocation based on performance insights.

 

 

“As CTV matures, entertainment, commerce, and social are merging into one experience,” said Melissa Yang, SVP of Ecosystems & AI Applications at Smartly. “This integration gives marketers the performance precision and creative intelligence they’ve long expected in CTV, enabling personalization at scale, real-time optimization, and full-funnel impact. With intelligent creative and direct access to Amazon’s premium supply, Smartly brings the rigor and accountability modern marketers rely on.”

 

 

“Driving impactful business outcomes across channels is key for advertisers and this partnership brings CTV and social campaigns together for maximum, measurable impact,” said Erin McGee, Director, Partner and Advertiser Growth Marketing, Amazon Ads. “Through this integration with Amazon DSP, advertisers and agencies who work with Smartly can now extend their proven social creative to premium streaming inventory in a fraction of the time—driving efficiency, expanding reach, and making streaming TV activation as simple as their social advertising.”

 

 

As advertisers’ performance expectations for CTV grow, marketers increasingly need more than reach; they need visibility into cross-channel creative performance. Smartly addresses this need by connecting creative insights, activation, and measurement in a single platform, giving brands the agility and precision required to drive outcomes in a rapidly converging media landscape.

 

 

For more information, visit Smartly.io.

 

 

About Smartly

 

 

Smartly is the AI-powered advertising technology company ranked as the leader in The Forrester Wave™: Creative Advertising Technologies. Our platform unifies creative and media to produce intelligent creative, dynamic, data-driven image and video assets optimized for seamless activation across channels. Brands manage, optimize, and scale high-performance campaigns in one place, achieving PwC-validated results, including a 5.5x return on ad spend (ROAS) and 42 minutes saved every hour.

 

 

We support 800+ brands and manage over $7 billion in ad spend globally. With strategic partnerships across major media platforms, including Amazon, Google, Meta, Pinterest, Reddit, Snap, Spotify, and TikTok, we help Fortune 500 companies deliver relevant advertising at speed and scale. Backed by deep media expertise and best-in-class customer support, we empower brands to maximize performance and drive real business outcomes. Visit Smartly.io to learn more.

 

 

1eMarketer, 2025

 

 

 

 

 

Sangfor Technologies Forges New Global Strategic Partnership with Cohesity to Redefine Business Resilience

Business Wire India

Sangfor Technologies, a leading global vendor of IT infrastructure and Security solutions, is proud to announce a new Global Strategic Partnership with Cohesity, the leader in AI-powered data security. Under this new partnership, Sangfor has officially joined the Cohesity Aspire Managed Service Provider (MSP) Program, enabling Sangfor to provide enterprise‑grade business resilience solutions with Cohesity, including the resale of their products, worldwide, for the first time.

 

This partnership combines Sangfor’s agile Virtualization, Full stack HCI and AI Storage with Cohesity’s expanded data security portfolio, enabling organizations to better protect and recover critical data across hybrid and multi‑cloud environments.

 

A Partnership Built on Proven Technical Integration

 

The strategic alliance builds on a long history of robust technical collaboration. Sangfor was part of the Veritas Technology Ecosystem (VTE) program in 2024, utilizing the XBSA SDK to provide seamless, native integration between Sangfor’s infrastructure and NetBackup to help customers modernize their data protection strategies, particularly as organizations seek alternatives that offer comprehensive cybersecurity capabilities.

 

As a member of the Cohesity Aspire MSP program, Sangfor expects to evolve its technical foundation with Cohesity into a comprehensive commercial alliance. Sangfor is committed to “going further” together with Cohesity, leveraging the new commercial integration to significantly expand the number of markets globally where new joint customers can take advantage of superior enterprise-grade data recovery and business resiliency solutions.

 

The new membership within Cohesity’s Aspire MSP program can allow Sangfor to accelerate its managed services strategy, enabling more agile delivery, scalable consumption, and long-term customer value in more markets around the world than ever before.

 

Native Protection for the Hybrid Cloud Era

 

As a Cohesity MSP partner, Sangfor expects to release enhanced solutions featuring native integration with NetBackup, empowering customers to secure their data against ransomware and operational failures with Sangfor HCI and Enterprise Distributed Storage (EDS). This integration is expected to span Sangfor’s core infrastructure offerings and elevate data protection capabilities.

 

By combining Sangfor’s cloud‑ready infrastructure with Cohesity’s data resilience technologies, customers can gain a unified, enterprise‑class approach to safeguarding mission‑critical workloads.

 

Executive Perspectives

 

“Partnering with Cohesity marks a pivotal moment in our global strategy,” said Darren Du, Vice President of International Market Department at Sangfor Technologies. “We have already proven our technical alignment through our deep integration with NetBackup using the XBSA SDK. Now by joining Cohesity’s Aspire MSP Program, we are taking this to the next level, combining Sangfor’s agile infrastructure with Cohesity world-class data resilience capabilities, to offer our customers a native, unified, impenetrable shield for their digital assets.”

 

“We are delighted to welcome Sangfor as a Global Strategic Partner,” said Peter Hanna, Vice President of Partner Sales – Asia Pacific, Japan & Greater China at Cohesity. “Sangfor’s commitment to native integration with our NetBackup technology demonstrates their dedication to customer success. When combined with the global reach and established credibility of our solutions, together, we can enable enterprises worldwide to reduce business resilience gaps and can manage their data complexity with more confidence.”

 

Joint Customer Value

 

Together, Sangfor and Cohesity deliver clear, practical value to customers:

 

  1. A true one‑stop solution for business hosting and data protection, combining Sangfor HCI, EDS, and Cohesity’s agentless backup integration to simplify deployment and strengthen resilience.
  2. For existing Cohesity customers seeking an alternative to VMware, Sangfor provides a seamless virtualization platform with consistent user experience, ensuring full protection of prior investments while enabling smooth migration.

 

With Sangfor HCI/EDS + Veritas already validated, Sangfor will continue delivering deeper API‑native integration with Veritas in Q2 2026. Now is the perfect time to experience the next level of business resilience.

Contact us and request a demo today.

 

About Sangfor Technologies

 

Sangfor Technologies is a global leader in cybersecurity, cloud computing, and IT infrastructure, providing fully integrated and AI-driven solutions. Founded in 2000 and publicly listed since 2018 (STOCK CODE: 300454.SZ), Sangfor serves over 100,000 customers worldwide, including Fortune Global 500 companies, government institutions, universities, and healthcare organizations. With over 7000 employees and more than 70 branch offices across APAC, EMEA, and LATAM, the company is committed to delivering on its mission to Make Your Digital and AI Transformation Simpler and More Secure.

 

 

 

 

 

Yubico Establishes Singapore as Third Global Headquarters Accelerating Asia Pacific Growth

Business Wire India

Yubico (NASDAQ STOCKHOLM: YUBICO), a cybersecurity company, inventor of FIDO passkeys and creator of the YubiKey, the most secure passkey, today announced the opening of its third global headquarters in Singapore. This announcement reinforces Yubico’s long-term commitment to the Asia Pacific region and builds on its role in advancing open authentication standards, while shaping a safer digital world for all. The new office complements Yubico’s existing global headquarters in Stockholm, Sweden and Santa Clara, USA, reflecting its strategy to serve a growing international user base by helping customers deploy YubiKeys at scale to adapt to a rapidly evolving cybersecurity landscape.

 

“As the digital economy grows, there’s a decisive shift across Asia Pacific, where organizations are moving beyond legacy multi-factor authentication to meet rigorous new national regulations for identity protection,” said Jerrod Chong, Acting Chief Executive Officer at Yubico, a Singaporean. “The expansion of Yubico opening its third headquarters is more than just a new office; the company is committed to supporting the enterprises and public sector leaders who are defining the future of digital trust.”

 

In a fast-emerging era shaped by AI, autonomous agents and sophisticated cyber threats are accelerating at an unprecedented scale. The need for securing AI with “human-in-the-loop” has never been so urgent and is at the center of establishing trust and preserving privacy. Yubico solutions offer organizations of all sizes an ability to leverage the power of AI securely, effectively using the YubiKey as the hardware root of trust to authorize AI delegations with a human touch. This office allows the company to scale its mission of keeping digital identities, both humans and agents, secure across the region.

 

Yubico’s Singapore headquarters will serve as a strategic global center of excellence, housing supply chain, operations, sales, and administrative functions to support long-term regional growth, while investing in the development of local cybersecurity talent.Yubico will work closely with organizations across government, financial services, technology, telecommunications, manufacturing and other critical infrastructure sectors to strengthen cybersecurity resilience in the region through hardware-backed authentication solutions, including YubiKeys and YubiKey as a Service.

 

“Yubico’s expansion underscores Singapore’s position as a trusted hub for companies to build capabilities in advanced technologies and deploy digital innovation,” said Soo Haw Yun, Vice President, Global Enterprises, Singapore Economic Development Board. “With rising AI adoption and strong growth potential in the region’s digital economy, Yubico’s expansion is timely. We look forward to partnering the company to develop our local talent and strengthen the digital security of enterprises and users in the region.”

 

Developing Local Talent and Leaders for Global Impact

 

Alvin Toh, Director and Vice President of Supply Chain Operations in Asia Pacific, is heading Yubico’s Singapore office, with the support of Yubico’s global leadership team who will maintain a strong presence in the region to deepen partnerships, support customers and expand regional engagement as demand grows for phishing-resistant authentication. Toh’s appointment comes after more than 12 years with Yubico, where he began as an engineer and continues to lead the company’s regional supply chain operations.

 

“Singapore offers a unique combination of global connectivity, highly skilled talent and a strong innovation ecosystem,” said Toh. Establishing our headquarters here allows us to work closer with organizations across Asia Pacific to advance modern authentication standards, regulations and improve cyber resilience.”

 

Advancing Digital Trust Through Social Impact

 

As part of its philanthropic Secure it Forward program that supports nonprofits, educational institutions and community organizations with donated keys, Yubico has already begun investing in youth-led cybersecurity initiatives in Singapore, including hack clubs such as BuildingBloCS, BlahajCTF, and GIIS Tech Club. The company will continue expanding partnerships with local schools, universities, and community programs to help nurture the next generation to be more security-aware and even develop talent that makes the community more secure in the years to come.

 

For more information about Yubico, visit yubico.com.

 

About Yubico

 

Yubico (Nasdaq Stockholm: YUBICO), the inventor of the YubiKey, offers the gold standard for phishing-resistant multi-factor authentication (MFA), stopping account takeovers in their tracks and making secure login easy and available for everyone. Since the company was founded in 2007, it has been a leader in setting global standards for secure access to computers, mobile devices, servers, browsers, and internet accounts. Yubico is a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F) open authentication standards, and is a pioneer in delivering hardware-based passwordless authentication using the highest assurance passkeys to customers in 160+ countries.

 

Yubico’s solutions enable passwordless logins using the most secure form of passkey technology. YubiKeys work out-of-the-box across hundreds of consumer and enterprise applications and services, delivering strong security with a fast and easy experience.

 

As part of its mission to make the digital world safer for everyone, Yubico donates YubiKeys to organizations helping at-risk individuals through the philanthropic initiative, Secure it Forward. The company is headquartered in Stockholm, Santa Clara (California) and Singapore. For more information on Yubico, visit us at www.yubico.com.

 

 

 

 

Flipkart Strengthens Leadership Bench with Key Appointments across Supply Chain and Corporate Communications

Bengaluru, Mar 03: The Flipkart Group announced the appointment of Somnath Das as Vice President, Supply Chain, and Digbijay Mishra as Vice President, Corporate Communications. These appointments strengthen Flipkart’s senior leadership bench across critical operational and strategic functions as the company continues to operate at a national scale and build institutional capabilities to support its long-term growth roadmap.

Somnath will lead supply chain operations for the Large business, focusing on strengthening network efficiency and driving technology-enabled supply chain capabilities as Flipkart continues to scale across India.

He brings over two decades of experience across CPG, retail, and food and beverage sectors. Prior to joining Flipkart, he served as Senior Vice President at Jubilant FoodWorks, leading manufacturing and supply chain operations, and has previously held leadership roles at Reliance Retail (Grocery), Nivea India, Marico Ltd, and PepsiCo India.

Digbijay will lead Corporate Communications for the Flipkart Group, driving an integrated communications strategy and stakeholder engagement across the organization.

He brings over a decade of experience across India’s digital economy. Previously Deputy Bureau Chief (Startups) at The Economic Times, he most recently founded Ringsight Advisory, advising founders and investors on narrative strategy and strategic communications.

Seema Nair, Chief Human Resources Officer, Flipkart, said,

“As Flipkart continues to operate at scale across India’s fast-evolving commerce ecosystem, strengthening leadership across both core operational and strategic functions remains central to our long-term roadmap. Somnath’s experience in building high-efficiency supply networks and Digbijay’s understanding of India’s digital economy landscape will help us further institutionalize capabilities and drive sustained growth.” 

Somnath Das, Vice President, Supply Chain, Flipkart, said, ‘

“Flipkart operates at a significant scale, where operational excellence and disciplined execution are essential. I look forward to strengthening network effectiveness and building resilient, technology-enabled supply chain capabilities that support sustained growth while elevating customer experience across India.”

Digbijay Mishra, Vice President, Corporate Communications, Flipkart Group, said,

“Flipkart has played a defining role in shaping India’s digital commerce ecosystem. I look forward to working across the Group to build a strong, transparent, and forward-looking narrative that reflects its scale, innovation, and long-term ambition.”

Korea Newswire Launches MediaBee, an Intelligent PR Platform Powered by Korea’s Largest Media Database

Business Wire India

 

Korea Newswire, a leading provider of press release distribution service, has launched MediaBee, a comprehensive PR intelligence platform that leverages Korea’s largest media database to streamline complex local market dynamics for global companies and agencies.

 

While South Korea remains a pivotal Asian market, its fast-paced media landscape often presents entry barriers for global organizations. MediaBee mitigates these complexities by unifying journalist discovery, distribution, real-time monitoring, and team collaboration into a high-performance strategic workspace.

 

 

Precision Targeting with Korea’s Largest Media Database

 

 

MediaBee integrates an exhaustive database of 40,000 journalists and 7,000 media outlets, kept current through 900+ daily automated profile updates. By tracking real-time article activity, the platform provides PR teams with deep-dive profiles—from specific beats to outlet influence—enabling them to execute highly personalized and effective media strategies.

 

 

Dynamic Media Monitoring and Sentiment Intelligence

 

 

With a processing capacity of 200,000 articles per day, MediaBee offers unparalleled oversight of South Korea’s media output. The platform’s advanced analytics engine evaluates sentiment trends and media resonance, enabling PR professionals to measure campaign efficacy and mitigate reputational risks through data-driven insights.

 

 

Seamless Integration and Context-Aware PR Automation

 

 

MediaBee centralizes the PR value chain by unifying press release orchestration with targeted media relations and real-time impact tracking. Its integrated AI suite is purpose-built to navigate the unique nuances of Korean journalism, offering sophisticated support for content architecture and headline engineering that aligns perfectly with local editorial standards.

 

 

Dong-Ho Shin, CEO of Korea Newswire, stated, “Success in Korea’s dynamic media environment requires more than just data; it demands actionable, localized intelligence. MediaBee integrates our decades of trusted media expertise with cutting-edge AI to empower global brands to execute PR campaigns with the same strategic precision as seasoned local insiders.”

 

 

MediaBee is now accessible to global organizations and PR agencies aiming to amplify their media impact in South Korea. To explore the platform’s full capabilities, please visit www.mediabee.com.

 

 

About Korea Newswire

 

 

Established in 2004, Korea Newswire pioneered online press release distribution in South Korea and has since empowered more than 45,000 companies and agencies. The company maintains direct distribution channels with over 4,300 newsrooms nationwide and operates as the exclusive partner of Business Wire to disseminate press releases to more than 160 countries globally. www.koreanewswire.co.kr

 

 

 

 

 

HANMI Semiconductor Deepens Strategic Partnership with Micron at India ATMP Facility’s Opening Ceremony

HANMI Semiconductor Deepens Strategic Partnership with Micron at India ATMP Facility’s Opening Ceremony

  Director Jong-Jin Lee and Executive Vice President Myung-Ho Lee of HANMI Semiconductor attended the grand opening ceremony of Micron’s first semiconductor manufacturing facility in India on February 28. During the event, HANMI Semiconductor received a commemorative plaque for DDR5 DRAM produced in India from Micron Chairman and CEO Sanjay Mehrotra.

SEOUL, South Korea (Mar 3) — HANMI Semiconductor today announced that it attended the grand opening ceremony of Micron Technology’s semiconductor facility in Sanand, Gujarat, India, on February 28. The facility marks Micron’s first semiconductor manufacturing plant in India.

The inauguration ceremony was attended by Indian Prime Minister Narendra Modi, who delivered a commemorative address, along with senior government officials, Micron Chairman and CEO Sanjay Mehrotra, and other key executives.

HANMI Semiconductor was invited as a key equipment supplier to Micron’s India facility, reaffirming its position as a key strategic partner.

Micron’s plant in India is an advanced packaging facility backed by a total investment of USD 2.75 billion and supported by financial incentives from the Government of India. Aimed at strengthening the country’s semiconductor industry, the project has been designated as a national strategic initiative, with the Government of India providing 50% of the investment in subsidies and the State of Gujarat contributing an additional 20%. The facility is expected to serve as a strategic hub for testing and packaging high-performance AI memory products, including multi-die GDDR (Graphics DRAM) and enterprise SSDs (stacked NAND Flash).

The DDR5 DRAM currently being produced in Gujarat, India, is based on Micron’s most advanced DRAM technology, utilizing its latest 1-gamma process node. Micron announced that it plans to begin packaging and testing tens of millions of chips this year, with production expected to scale to hundreds of millions next year. Accordingly, it is expected that KRW 2 trillion (approximately USD 1.4 billion) will be invested in advanced semiconductor packaging equipment, including TC bonders used for stacking AI memory semiconductor chips.

The facility also holds historic significance as the first project approved under the “India Semiconductor Mission 2.0” and as the first semiconductor manufacturing facility established in the country. It is widely regarded as a major milestone in India’s advancement toward becoming a key hub in the global semiconductor supply chain. Through the initiative, the government has introduced an incentive program of approximately USD 10 billion to advance the country’s ambition of becoming a global semiconductor manufacturing hub.

Advanced bonding technology and rapid technical support are critical to ensuring the stable operation of the new facility. As a core supplier to Micron, HANMI Semiconductor plans to fly in engineers to India to provide on-site technical support and operate training programs, reinforcing its long-term strategic collaboration. Building on this partnership, the company received the “Outstanding Supplier Performance Award” from Micron in 2025.

“HANMI Semiconductor’s participation in Micron’s grand opening of semiconductor facility in India and the roundtable reaffirms our position as a key supplier in the global semiconductor supply chain,” said a HANMI Semiconductor official. “As Micron’s key supplier, we will continue to dispatch engineers to India and provide close technical support to ensure the highest level of customer satisfaction.”

 

 

ISACA Launches Future‑Ready IT Audit Framework Update to Strengthen Digital Trust in an AI‑driven Environment

Bangalore, India Mar 02: Recent rapid evolution in the technology space has led to significant shifts and new considerations for the audit profession as well. IT audit and assurance professionals can arm themselves with new tools to help them keep pace, including ISACA’s newly updated IT Audit Framework (ITAF): A Professional Practices Framework for IT Audit. The revamped 5th edition now incorporates updated terminology, refreshed examples, and expanded scope to better address emerging technologies, digital trust considerations, and evolving audit practices.

A longtime mainstay for audit and assurance professionals, ITAF was last updated in 2020. The comprehensive IT audit framework establishes standards that address IT audit and assurance practitioners’ roles and responsibilities, ethics, expected professional behavior, and required knowledge and skills; defines terms and concepts specific to IT audit and assurance; and provides guidance and techniques for the planning, performing and reporting of IT audit and assurance engagements. 

ITAF, 5th Edition, enhances clarity, integrates ISACA’s newest resources, including AI audit guidance, and aims to support both traditional assurance functions and modern audit teams using data analytics, automation, agile methods, and AI. The new framework places greater emphasis on governance, transparency, and readiness for advanced technologies while providing more practical, flexible, and globally relevant guidance, including through: 

  • Modernization of content and scope: The 5th edition updates terminology, definitions, and examples to reflect today’s technologies—such as cloud computing, AI/ML, and business automation—moving beyond the traditional IT control focus of the previous edition.
  • Integration of digital trust and emerging technologies: The new framework incorporates digital trust concepts throughout planning, fieldwork, and reporting, and adds guidance for AI/ML auditing aligned with ISACA’s AI audit guidance and the broader digital trust ecosystem.
  • Increased flexibility, practicality, and usability: This updated edition introduces language suitable for organizations of all sizes, adds practical examples, and improves clarity through a modernized layout.
  • Expanded audit practices and governance expectations: The new version broadens the scope of IT audit to include data analytics, agile auditing, continuous assurance, and AI governance, with enhanced expectations for transparency, ethical technology use, and oversight of automated systems. 

This latest edition of ITAF also includes an updated ITAF Companion Performance Guidelines 2208: Information Technology Audit Sampling that provides IT audit and assurance professionals with guidance in the design, selection, and evaluation of audit samples to obtain sufficient and appropriate evidence supporting audit conclusions. The updated guidelines better reflect data-driven and technology-enabled audit sampling approaches. 

“As technology rapidly advances, it is essential for IT audit and assurance professionals to keep pace with changing tech and industry standards to ensure they are most effective in conducting engagements and ensuring their organizations comply with mandatory requirements,” said Mary Carmichael, Executive Advisor and Principal Director, Strategy and Risk at Momentum Technology, ISACA Vancouver Chapter board member, and the lead developer for ITAF, 5th edition. “The expanded and updated ITAF gives IT auditors a robust tool and trusted guidance for navigating today’s new challenges and ensuring trust in an increasingly complex and interconnected digital ecosystem.” 

Ofis Square Hosts High-Impact FoodTech Meetup in Noida, Strengthening India’s Food Innovation Ecosity

Ofis Square Hosts High-Impact FoodTech Meetup in Noida, Strengthening India’s Food Innovation Ecosity

Noida, Uttar Pradesh  Mar 02:  Ofis Square successfully hosted the much-anticipated FoodTech Meetup on 28 February 2026 at its Sector 62, Noida facility, bringing together founders, investors, and ecosystem leaders shaping the future of India’s food and beverage industry. The meetup was organized in collaboration with StartupNews.fyi and served as a powerful networking and knowledge-exchange platform for emerging and growth-stage FoodTech ventures. 

The event witnessed participation from over 50 founders and more than 15 active investors and ecosystem enablers, creating a dynamic environment for strategic conversations and partnerships. Representatives from leading investment networks and venture firms including Indicorn Angels, The StepUp Ventures, ValueBridge Capital, Delhi Angels Den, GetVantage, WEIN Capital, and SmartFin Capital engaged directly with startup founders, discussing funding strategies, market expansion, rapid commerce opportunities, and sustainable scaling models. 

Throughout the evening, founders shared insights into building resilient cloud kitchens, scaling D2C food brands, optimizing supply chains, and navigating evolving consumer preferences. Conversations also explored performance marketing efficiencies, packaging innovation, cost management strategies, and the role of technology in enhancing operational excellence. The meetup created an open forum for real-world problem solving, with investors offering candid feedback and guidance based on active market trends. 

Speaking about the initiative, Surabhi Mittal, Director Brand and Corporate communication, Ofis Square said, “At Ofis Square, we believe innovation thrives where meaningful conversations happen. Hosting the FoodTech Meetup reinforces our commitment to building a collaborative ecosystem where founders and investors can connect beyond formal boardrooms. The energy in the room reflected the immense potential of India’s FoodTech sector and the power of community-driven growth.” 

She further added, “Food and technology are converging at an unprecedented pace. By providing a space where operators, capital partners, and innovators can interact transparently, we are helping accelerate smarter, more sustainable growth journeys. This meetup is part of our larger vision to position Ofis Square as a catalyst for sector-focused entrepreneurial communities.” 

As a leading coworking and innovation hub in NoidaOfis Square continues to host curated meetups, founder roundtables, and industry-focused networking events aimed at strengthening India’s startup ecosystem. With a growing portfolio of community initiatives, the company remains dedicated to empowering ambitious founders with not just infrastructure, but access, insights, and opportunity.

IndiGo Announces Daily, Direct Flights Between Kolkata and Shanghai

Mar 02: IndiGo, India’s preferred airline, today announced the launch of daily, direct flights between Kolkata and Shanghai, effective 29 March 2026. The new route will be operated using IndiGo’s A320 aircraft. This announcement follows the recent reinstatement of IndiGo’s services to Guangzhou, highlighting the airline’s focus on improving connectivity and enabling smoother travel between India and China. Customers can plan and book their travel through IndiGo’s official website www.goIndiGo.in, mobile app, or authorised travel partners.

Shanghai, China’s premier global financial centre and a major innovation hub, is an essential addition to the 6E network. With continued growth in exports from West Bengal to China in FY25-26, including marine products, leather goods, and specialized textiles, direct air connectivity will further strengthen trade flows between the two countries.

Vinay Malhotra, Global Head of Sales, IndiGo, said, “We are pleased to announce the launch of our new daily, direct connectivity between Kolkata and Shanghai, China, in addition to our flights to Guangzhou. This development underscores our commitment to connecting India to key global destinations. Shanghai is the country’s biggest city, a global financial hub, and famous for its dazzling futuristic skyline complemented with historic architecture. This addition to our network will play an important role in facilitating bilateral trade and is expected to boost tourism and promote greater cultural exchange between the two nations.”