Swara Baby Products, a hygiene contract manufacturer majority-owned by FirstCry parent Brainbees Solutions, has received SEBI approval for a ₹1,000 crore IPO split evenly between fresh shares and an offer for sale.
Digital-first FMCG brand Pluckk has entered the UK, its first major international market, and says it plans to reach 500 stores and more than 50 products there within a year as it seeks a quarter of revenue from overseas.
Nvidia-backed AI cloud provider Lambda is raising up to $4 billion led by Coatue and Blackstone, as its order backlog surges to $50 billion on the back of a $35 billion commitment from Anthropic.
Tennessee-based Type One Energy has raised $200 million in a Series B led by Breakthrough Energy Ventures and Clutterbuck Capital, betting that an integrator model built on outside suppliers can deliver commercial fusion faster and cheaper.
Uber has agreed to acquire ezCater, the leading US marketplace for business catering, in an all-cash deal valued at $2.3 billion, adding a profitable B2B food business with $2.5 billion in annual gross bookings to Uber Eats.
David Ellison's Paramount has closed its $110 billion acquisition of Warner Bros. Discovery, forming Skydance, a media giant with nearly $70 billion in annual revenue that combines HBO Max, Paramount+, CBS and CNN.
French AI company Mistral has released Mistral Large 4, a 1-trillion-parameter multimodal model, through a guardrailed endpoint and plans to publish open weights within weeks after safety testing.
SuperMush, the functional wellness brand co-founded by Alli Schaper, has raised a $3 million Series A led by Indian healthcare investor NDude Labs after expanding into more than 2,000 US stores including Target and Sprouts.
Los Angeles defence start-up Furientis, founded by former Virgin Galactic and Virgin Orbit engineers, has raised a $25 million seed round led by Benchmark to build interceptors at a fraction of the cost of legacy systems.
AI creative platform Melius, founded by three former Ramp engineers, has raised a $20 million Series A led by CRV, months after throwing away its original codebase and reaching $1 million in annualised revenue within two months of relaunch.