Since 1999, Avendus Capital has provided advice on hundreds of transactions, and it has recently emerged as one of India's fastest-growing dealmakers by assisting up-and-coming IT tycoons in raising capital. The founders, Gaurav Deepak, Kaushal Aggarwal, and Ranu Vohra are now millionaires. Mizuho Financial Group Inc. announced on
On 20 December, Fortis Healthcare announced that it had signed an agreement to pay INR 430 crore to acquire People Tree Hospital in Bengaluru. Through a 100% acquisition of TMI Healthcare Pvt Ltd, the organisation that runs the People Tree Hospital business, the company has finalised agreements to purchase the
According to Jeet Adani, director of Adani Airports, the Adani Group intends to invest INR 1 lakh crore in its airport business over the next five years, counting on robust and sustained growth in India's aviation sector. Ahead of the start of commercial operations at Navi Mumbai International
India’s startup and enterprise ecosystem continued to witness strong momentum with a mix of funding activity and strategic acquisitions. Blue and grey-collar hiring platform WorkIndia raised INR 97 crore in a Series B round, while social investing startup StockGro secured USD 13 million in Series B1 funding to scale
Following an initial investigation by the Mumbai Police's Economic Offences Wing (EOW), the Ministry of Corporate Affairs' Serious Fraud Investigation Office (SFIO) has begun a comprehensive investigation into suspected accounting errors totalling more than INR 2,000 crore at IndusInd Bank. Sources claim that the probe was
With over 10 lakh happy customers and delivery across 15,000+ pincodes in India as well as 20+ countries, 9Shines Label has grown into one of the nation’s most trusted comfortwear brands. Known for turning everyday nighties into stylish, feel-good essentials, the brand blends breathable fabrics, trend-led designs, and
A major shift is underway in the bridal jewellery market. As consumer awareness grows and priorities evolve, a new pattern is emerging: modern brides are increasingly gravitating toward premium grown diamonds and at the centre of this shift is ANOR, with a registered trademark on its Premium Grown Diamond. What
In a deal for $4.4 billion (INR 39,600 crore), Japan's Mitsubishi UFJ Financial Group announced on December 19 that it had acquired a 20% share in Shriram Finance through preferential share allocation. This represents the biggest foreign direct investment in India's financial industry. Two
The long-overdue employee compensation of INR 311.67 crore owed to M/s Kingfisher Airlines Ltd (KAL) has been facilitated by the Directorate of Enforcement (ED). The restitution comes after the recovery officer of the Debts Recovery Tribunal (DRT)-I, Chennai, issued an order on December 12, 2025, ordering the
GABIT, the award-winning full-stack longevity company, today announced its acquisition of Näck, a clean, science-led nutrition brand. This move brings together GABIT’s cutting-edge health tracking smart ring technology and AI-based health coaching with Näck’s thoughtfully formulated supplements, creating a seamless ecosystem where wellness is tracked, guided, and objectively
A final agreement has been reached by HCL Technologies (HCLTech) to purchase the Telco Solutions division from Hewlett Packard Enterprise (HPE) for a maximum consideration of $160 million. The company stated in a stock exchange statement on 18 December that the deal is set up as an all-cash asset carve-out.
The Lok Sabha passed legislation that permits private Indian corporations to construct and run nuclear plants for the first time, marking the largest step India has taken in decades to transform its nuclear power sector. Dismantling the legislative structure that has maintained nuclear power firmly under state control since the
India’s startup ecosystem closed the day on a strong note on 18th December 2025, with multiple funding announcements spanning electric mobility, AI-driven education, industrial manufacturing, and workforce hiring platforms. Electric motorcycle maker Oben Electric led the funding highlights with a sizeable pre-Series B round, while early-stage AI startup CuePilot
Global consumer-focused investment firm L Catterton said on 18 December that it had invested an undisclosed amount in Haldiram's, an Indian packaged ethnic foods brand, and formed a strategic collaboration with the company. According to a press release from the investment firm, Haldiram's will benefit from
CuePilot AI, a voice-first, AI-native platform for preschools and daycares, has raised $1.8 million in a pre-seed funding round. The round saw participation from Eximius Ventures, Titan Capital, and was led by Ronnie Screwvala of Unilazer Ventures & upGrad. With the newly raised capital, the company will deepen its
McKinsey & Company is thinking about laying off thousands of employees in response to the quick development of artificial intelligence. According to reports, senior executives at the company have discussed plans to cut staff in several non-client-facing divisions by roughly 10%. This might result in several thousand layoffs over the
In the upcoming weeks, Amazon plans to lay off 370 employees at its European headquarters in Luxembourg. At this workplace, this will be the largest round of job reductions ever. Approximately 8.5% of the 4,370 employees are impacted by the cuts. The layoffs follow Amazon's announcement
Thyrocare Technologies Limited (hereinafter referred to as “Thyrocare” NSE: THYROCARE, BSE: 539871), a leading healthcare diagnostics company, has appointed Dr Ramesh Kinha as its Chief Operating Officer, further strengthening its leadership team as the company continues to scale its operations across India. Dr Kinha is a seasoned healthcare and diagnostics
In an effort to establish itself as a domestic substitute for app-based taxi aggregators like Uber and Rapido, India's first cooperative-based taxi service, Bharat Taxi, is scheduled to launch in the nation's capital early next year. According to government sources, over one lakh drivers have already
Oben Electric, India’s homegrown and R&D-driven electric motorcycle manufacturer, today announced the successful raise of INR 85 Crores in its Pre-Series B round. The round saw participation from multiple renowned Indian American Family Offices including Raj K Soin, Musa Dakri, Ramesh Bhutada and other existing investors. The
As the largest IT services company in the nation intensifies its efforts to become an AI-led organisation, Tata Consultancy Services has revealed for the first time that its artificial intelligence division has crossed $1.5 billion in annualised revenue, gaining 16% quarter over quarter. Chief executive K Krithivasan stated during
WorkIndia, India's largest recruitment platform for blue and grey-collar workers, has raised ₹97 crore in its latest funding round. Aavishkaar Capital led the round with ₹75 crore, while existing investor BEENEXT Capital invested ₹22 crore. This Series B fundraise will be used to upgrade WorkIndia's technology
India’s startup ecosystem remained vibrant on 17th December 2025, marked by fresh funding rounds across biotechnology, creative AI, and longevity science, alongside major IPO-driven milestones. Early-stage biotech startup Cellarim Labs, experiential tech player Tagbin, and longevity-focused Decode Age collectively raised capital to scale innovation, research, and market expansion. Meanwhile,
Backed by Rosy Blue and Kashikey, the brand enters the market with ₹1000 crore in strategic investment and a new experiential retail model for 100% natural gemstones & diamond jewellery.