Business News

Excel Entertainment launched Excel Music, backed by Universal Music Group, expanding into music production and distribution.

Anicut Capital and The Chennai Angels partnered to boost early-stage startup funding through a Category I AIF structure.

Kaapi Machine secured an equity infusion of INR 50 crore from Sedna, while also entering into a strategic partnership.  

IBM report: India's average data breach cost hit a record INR 25.5 crore in 2026, up 15.9% year-on-year.

Yuvraj Singh joined healthcare startup UN:BLOC as an investor and founding team member, backing founder Deepak Sahni.

360 ONE and Crisil Intelligence unveiled the 2026 Wealth Creators List, featuring 3,040 individuals worth INR 104 lakh crore.

PM Modi laid the foundation stone for ASIP Technologies' INR 2,387 crore semiconductor packaging facility in Visakhapatnam.

This week saw three acquisitions and no tech IPOs - Optum by TPG, Berrylush by Snitch, and Evolve.

Anand Mahindra addressed shareholders, The Board of Directors, Leadership team and stakeholders in Mahindra & Mahindra's 80th AGM.

India's PE/VC investments fell 36% to USD 20.5 billion in H1 2026 amid cautious investor sentiment, EY-IVCA reported.

IBM and Sarvam partnered to develop sovereign AI solutions for government and regulated sectors in India.

Apna Mart raised INR 120 crore in a Series C round to expand its omnichannel grocery business in Tier II and III cities.

Industry leaders said quality capital, infrastructure, exports and sustainability will power India’s next USD 5 trillion growth.

Entrepreneur India Investment Forum 2026 examined how founders can choose the right funding path from startup to IPO.

Sarvam AI unveiled new AI models, hired ex-xAI researcher Devendra Chaplot, and expanded its India-focused AI ecosystem.

Veritas Finance refiled its DRHP with SEBI to raise INR 900 crore through a fresh issue for its proposed IPO.

HUL, Dabur, Nestle India delivered strong Q1FY27 performance driven by premiumization and innovation across products.

Vault by Virat Kohli announced Virat and Vikas Kohli as strategic investors with a collective 28% equity stake.

Candere and Hurun India unveiled the 2026 Women Leaders List, honoring 117 women across 12 categories.

Arboreal Bio innovations raised INR 230 crore in Series A funding to expand manufacturing and R&D for specialty ingredients.

SUIND raised INR 20.5 crore in seed funding to expand autonomous drone deployment and accelerate AI-powered UAS development.

ChrysCapital acquired a 70.68% stake in Novartis India, marking its first majority-controlled pharma investment.

Marvell will invest USD 250 million in India over three years to expand R&D, engineering talent and semiconductor capabilities.

Freehand raised USD 75 million to expand its AI platform for automating enterprise procurement and supply chain operations.

Fixxly, Hegdinvst, Revspot and Yaanendriya raised fresh funding to expand operations, AI, investment and deep-tech capabilities.

India's SpaceTech sector has raised USD 871 million across 241 funding rounds, with Skyroot leading the ecosystem, says Tracxn.

Apple overtakes Nvidia as the world's most valuable company, driven by strong investor confidence and a disciplined AI strategy.

Welspun One begins exiting its maiden logistics fund, appointing CBRE to sell remaining assets valued at over ₹1,700 crore.

Deepinder Goyal's Temple nearly doubles its valuation to $375 million as the wearable health tech startup prepares for launch.

United Spirits acquires a 10.08% stake in Nuvola Spirits to strengthen its presence in India's premium craft liquor market.