Business News

Infrastructure has led PE/VC focus since 2021, attracting USD 54.2 billion across 435 deals, driven mainly by renewables and roads sectors.

The funding round also saw participation from WaterBridge Ventures and Incubate Asia Fund.

The Indian pharmaceutical sector is witnessing a trend where companies are aggressively acquiring brands and expanding.

Following the acquisition, HelloTravel will function as a wholly owned subsidiary of Wayfarers Technologies Private Limited.

On the buying side, Societe Generale emerged as the largest buyer, acquiring 18.86 lakh shares.

The round also included participation from Hero Enterprise Partner Ventures, Merisis Venture Fund and Stride Ventures.

The investment strategy will be led by Amit Dharod, Managing Director for Alternative Assets at JM Financial Asset Management.

Yes Madam will use the funds to expand into new cities, strengthen its professional network, invest in technology, and improve customer experience.

The funding round was co-led by Prime Venture Partners and Leo Capital, with participation from Good Startup, Sparrow Capital, Sun Icon Ventures, Dhoka Ventures and WTF (India) Delhi Angels.

Here’s a quick look at this week’s top funding deals, mergers and acquisitions, IPO activity, and key fund launches (May 16–May 22).

The company’s proposal to amend the alteration of Articles of Association of the Company received 72.36% of votes, falling short of the required threshold by 2.65%, according to the company’s filing.

As we continue to build scalable and sustainable businesses across beauty and fashion, we are building wellness as a future frontier and remain confident in the long-term opportunity ahead, says Falguni Nayar, founder and CEO of Nykaa

Offers a one-time grant of up to INR 50 lakh, with applications opening on May 25.

This marks Hexaware’s first acquisition since its purchase of CyberSolve in November last year.

This is Innovaccer’s fifth acquisition, strengthening its healthcare AI platform.

Zepto had initially submitted its IPO documents through the confidential filing route in December 2025.

The fund will target areas such as artificial intelligence, climate tech, spacetech, defence, and renewable sciences.

Weak sales and cash burn cause Ola Electric's revenue to drop more than 56% year-on-year in Q4 FY26.

The following brands have announced key leadership changes

The fresh capital will be used to expand production capacity, strengthen advanced manufacturing infrastructure, and set up a new state-of-the-art facility.

Following the completion, Phillips will continue to lead IVR technology efforts within ADI.

The round also saw participation from Bain Capital Crypto, Coinbase Ventures, Peak XV Partners, and other investors.

The funding round also saw continued backing from existing investors such as a16z Speedrun, AppWorks, Peak XV, Antler, and Hustle Fund.

The Bharat Tech Fund will invest in startups at the Series A and B stages, with cheque sizes ranging between INR 25 crore and INR 50 crore.

The funds will be partly used to set up a greenfield manufacturing facility in Maharashtra, marking a key step in JSW Motors’ entry into the new energy passenger vehicle market.

The fund will back early and growth-stage firms with strong demand, sustainable models, and long-term category growth potential.

The round also saw participation from existing investors Peak XV Partners and Z47.

Fresh Funds will enhance product platform, expand US operations, and grow partnerships as industries adopt automation to boost efficiency and tackle labour shortages.

Board approved issuing INR 2,880 crore to Grasim, INR 200 crore to Suryaja, and INR 920 crore to IFC at INR 356.02 per share

The portfolio includes startups such as Zulu Defence, Nitro Commerce, IG Defence, Indrajaal, Satlabs, Dozee, Pernia’s Pop Up, Recur Club, Lawyered, Ammunic, and Constems AI, among others.