Article 

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

Indian EV startup Simple Energy has announced a strategic collaboration with IDFC FIRST Bank to provide vehicle financing solutions for customers purchasing its electric scooters across India. The startup said that theeligible customers can avail of loans through IDFC FIRST Bank at its authorised dealerships nationwide. Under the partnership, both organisations will work together to promote vehicl

Sumit Vishwakarma · 6 Jul 2026

Fintech company Navi Ltd, co-founded by Flipkart co-founder Sachin Bansal, is preparing to file draft papers for an IPO by the January-March quarter of FY27, according to an Economic Times report. The Bengaluru-based company is looking to raise about Rs 3,000 crore through the proposed IPO, the report said. The issue is expected to include both a fresh sale of shares and an offer for sale, althoug

Sumit Vishwakarma · 6 Jul 2026

Vishal Gupta has stepped down as CEO of PhonePe Insurance Broking Services to launch a new startup being built in stealth. Gupta announced his departure in a LinkedIn post, saying the move was the “natural next step” after years of working across startups including Pine Labs, Flipkart and PhonePe. He said he was returning to “building from scratch, solving hard problems, finding PMF, and earning t

Sumit Vishwakarma · 7 Jul 2026

Fitness and active lifestyle platform Cult.fit has filed draft papers with India’s market regulator for an IPO, becoming the latest venture-backed consumer internet startup to move towards the public markets. The startup is seeking to raise up to Rs 950 crore through a fresh issue of shares, while existing investors and individual shareholders will sell up to 178.6 million shares through an offer

Sumit Vishwakarma · 7 Jul 2026