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Swara Baby Products, a FirstCry-backed maker of disposable hygiene products, has filed draft papers with the SEBI for an IPO worth Rs 1,000 crore. The proposed share sale will include a fresh issue of equity shares worth up to Rs 500 crore and an offer for sale of up to Rs 500 crore by existing shareholders. Brainbees Solutions, the parent company of FirstCry, plans to sell shares worth up to Rs 3

Sumit Vishwakarma · 2 Jul 2026

Swiggy’s quick-commerce arm Instamart has appointed Gautam Swaroop as its chief business officer, as the company reshapes its senior team in a competitive market. Swaroop will oversee customer growth, category management, brand partnerships and expansion at Instamart. Before joining Instamart, he led OYO’s international business. He has also worked with McKinsey & Company and Dr Reddy’s Laboratori

ISN Team · 2 Jul 2026

BCT Ventures, a consumer brands platform built around AI-native operations across insights, product development, and go-to-market, has launched with Rs 42 crore seed funding from 3one4 Capital. The company was founded by Kashyap Vadapalli, KV Ravi Shekhar, and Anubhav Sonthalia. The founding team brings a mix of experience in consumer brand building, digital growth, and audience scaling, having pr

Sumit Vishwakarma · 3 Jul 2026

Walmart-owned ecommerce giant Flipkart has appointed Vinay Vaidya as senior vice-president of technology for supply chain, as the e-commerce company looks to strengthen its technology leadership and advance its AI, platform and supply chain capabilities. Vaidya will lead technology and platforms across fulfilment services, seller experience, trust and safety, and marketplace. He will also drive in

Sumit Vishwakarma · 3 Jul 2026

Mynd Fintech, a supply chain financing platform and subsidiary of M1xchange, has acquired a 100% stake in C2FO India Technologies for an undisclosed amount. The acquisition will bring C2FO India’s platform, about 100 employees and around 140 clients into Mynd Fintech’s operations. The combined business is expected to process Rs 60,000 crore in annual transactions across buy-side and sell-side fina

ISN Team · 3 Jul 2026

Paytm’s Luxembourg-based subsidiary has been granted a payment institution licence by the Commission de Surveillance du Secteur Financier, Luxembourg’s financial regulator. One 97 Communications, which operates Paytm, said in a stock exchange filing that Paytm Europe Payments S.A. had been informed by the CSSF on 2 July that the licence had been granted. The company said Paytm Europe had also been

Sumit Vishwakarma · 3 Jul 2026

Indian technology firm HCLTech has signed a $1.14 billion strategic partnership with a Europe-headquartered Fortune Global 50 company to transform and manage the client’s digital workplace and enterprise network operations. In a stock exchange filing on Friday, HCLTech said the agreement would establish an “AI driven operating model” for the customer. The contract will run from July 2026 to Decemb

ISN Team · 4 Jul 2026

IPO-bound drone startup Garuda Aerospace has signed a Memorandum of Understanding (MoU) with Micron Instruments Pvt. Ltd., an Indian manufacturer of precision fuzes, defence ammunition systems, and critical military components. The partnership brings together two manufacturing companies with complementary areas of expertise to collaborate on the development of indigenous defence technologies. Unde

Vivek Vishwakarma · 4 Jul 2026

Temasek-linked Macritchie Investments Pte Ltd has sold a 2.2% stake in PB Fintech, the parent company of Policybazaar and Paisabazaar, through bulk deals worth about Rs 1,633 crore. NSE bulk deal data showed Macritchie Investments sold 1.01 crore shares at Rs 1,604.12 apiece, taking the total transaction value to Rs 1,632.98 crore. The investor held a 6.47% stake in PB Fintech at the end of March.

Sumit Vishwakarma · 4 Jul 2026

AscentHR has acquired payroll outsourcing provider OS HRS in a deal aimed at strengthening its payroll and workforce management operations across Asia-Pacific and the Middle East. The company said the acquisition was completed through a single-stage transaction, under which AscentHR acquired 100% of the equity share capital of OS-HRS Malaysia, OS-HRS Japan and OS-HRS India from Tokyo-based BREXA I

Sumit Vishwakarma · 6 Jul 2026

Suzuki Motor Corporation will invest $200 million in a second fund set up by Next Bharat Ventures, its wholly owned subsidiary in India, to support businesses working on social challenges. The new vehicle, called Next Bharat Venture Fund-2, will build on the company’s earlier impact investment programme in India, which focused on areas including agriculture, financial inclusion, supply chains and

Sumit Vishwakarma · 6 Jul 2026

Digital health platform ekincare has acquired Superclaims, an AI-powered claims adjudication platform, as it looks to expand its role in India’s health insurance technology market. The financial terms of the deal were not disclosed. Superclaims provides software for insurers and third-party administrators, or TPAs, to automate health insurance claim assessments. Its platform integrates with existi

Sumit Vishwakarma · 6 Jul 2026