Jardine Matheson has raised its 2026 underlying earnings guidance to US$5.50–5.65 a share and bought Balfour Beatty's 50% stake in Gammon Construction for £250 million, the first deal under its new Jardine Engineering & Infrastructure pillar.
French energy-tech startup Epyr, co-founded by former BCG partner Léa Dardenne and Innovafeed co-founder Bastien Oggeri, has raised an oversubscribed €15 million Series A led by SlateVC to scale thermal batteries that turn cheap electricity into industrial steam.
Bengaluru’s Tonbo Imaging has fixed a ₹665–700 price band for its ₹852.1 crore offer-for-sale IPO, valuing the thermal-imaging and defence electronics maker at about ₹4,010 crore as public investors weigh a falling topline against India’s defence-indigenisation push.
Bengaluru-based fitness and wellness brand Boldfit has raised more than ₹400 crore in a Series B round led by Bharat Value Fund, with Bessemer returning, as the profitable D2C company plans offline stores, in-house manufacturing and possible acquisitions.
Bengaluru’s Mesa School of Business has raised ₹110 crore in equity and venture debt, with Dharana Capital and Elevation Capital co-leading an ₹85 crore Series A, to build AI-first curricula and launch new programmes for India’s startup workforce.
India’s ₹1 lakh crore Research, Development and Innovation Fund has approved 19 second-level fund managers and committed ₹7,131 crore to deeptech, even as reports on links between beneficiaries and panel members fuel a debate on governance.
Indian e-commerce platforms recorded about ₹24,000 crore in gross sales in the first two days of the festive season, according to Redseer, with mobiles leading and Tier II and smaller cities powering a surge of 8–9 crore orders.
Bengaluru electric two-wheeler maker River Mobility has opened its first international retail and service store in Kathmandu’s Naxal area with partner Vishal Group, pricing its Indie scooter at NPR 3,70,000 as Indian EV brands target Nepal’s hydropower-backed market.
Clueso, the AI video and documentation startup founded by three IIT Madras alumni and backed by Y Combinator, has raised a $10 million Series A led by Dharana Capital to scale its platform used by Atlassian, Zendesk and more than 1,000 companies.
Indian smart-ring maker Ultrahuman has signed a two-year MoU with the Abu Dhabi Public Health Center to develop and validate a biological-age model that works across wearables, deepening its push into the UAE, one of its top ten markets.