
Avendus: $3 trillion AI cycle opens six manufacturing sectors for India
An Avendus Capital report on October 29, 2026 says a $3 trillion global AI investment cycle opens six manufacturing sectors for India, with 2027-28 critical.

An Avendus Capital report on October 29, 2026 says a $3 trillion global AI investment cycle opens six manufacturing sectors for India, with 2027-28 critical.

Indian start-ups raised about $115 million to $130.2 million in the week to October 31, 2026, down from the week before, Entrackr and Inc42 reports show.

BlackBuck's revenue rose 56% to Rs 235.3 crore and profit 42% to Rs 41.4 crore in the September 2026 quarter, results released on October 29.

Hyderabad start-up Tensrai raised Rs 3.4 crore in pre-seed funding from India Accelerator, Finvolve and Hyderabad Angels, announced October 29-30, 2026.

BLS Polymers' Rs 255 crore IPO closed on October 29, 2026, subscribed 241.22 times; allotment is due October 30 and listing on November 3.

DoorDash signed a deal on October 29, 2026 to buy Instacart for $65 a share, about $17 billion, a 26% premium; closing expected late 2027 to mid-2028.

Nutrition brand Ace Blend raised $9.9 million in a Series A2 round led by 3one4 Capital, reported on October 29, 2026, and plans clinical trials of its products.

WeWork India's Q2 FY27 revenue rose about 34% to Rs 768 crore and it added a record 11,700 desks, taking capacity to 145,300 across 85 centres.

Meesho's Q2 FY27 loss narrowed 68% to Rs 132.5 crore and revenue rose 34% to Rs 4,131.6 crore; orders grew 17% to 819 million, it said on October 28, 2026.

Bengaluru's QwikBuild raised $2.3 million in a pre-seed round led by Japan-listed Globalway and will set up a joint venture to sell its enterprise AI platform in Japan.

DoorDash is in advanced talks to buy Instacart parent Maplebear for about $17 billion, reports said on October 26, 2026; no deal has been announced yet.

Gurugram snack start-up Troovy, which makes ragi and makhana chips for children, raised Rs 100 crore in a Series B round led by Fireside Ventures, reported on 27 October 2026.

Cent, the preventive-health start-up of Practo co-founder Shashank ND, raised a $15 million Series A led by Blume and South Park Commons on October 27, 2026.

Unicommerce's Q2 FY27 profit rose about 11% to Rs 6.4 crore on 15% revenue growth, filings show; AI spending cut its margin to 17%. Investor update October 26, 2026.

Bengaluru's Paar Autonomy raised Rs 10 crore led by AdvantEdge Founders to scale AI camera systems and GPS-free navigation for drones, rovers and boats.

MakeMyTrip posted a $1.8 million Q2 FY27 profit on October 26, 2026, against a $5.7 million loss, as bus revenue rose 17% and air revenue fell 7%.

Gaurav Munjal and Roman Saini are raising Rs 700 crore Longshot Capital to back 25-28 AI and deeptech start-ups, reports said on October 26, 2026.

Y Combinator-backed Firstwork, founded by Vardhan Kapoor and Shubham Choudhary, raised $15 million in a Series A led by Earlybird to grow in the US and Europe.

Pine Labs and Sri Lanka's WEBXPAY launched a tie-up on 22 October 2026 letting Sri Lankan merchants accept UPI, Indian cards, net banking and EMI from Indian customers.

Customer-experience firm Fusion CX listed on 22 October 2026 at Rs 305 on NSE and Rs 292 on BSE, above its Rs 289 IPO price, after a Rs 702 crore issue.

Daytona, which rents secure sandboxes to AI agents, raised a $60 million Series B led by FirstMark Growth at a $1 billion valuation, it said on October 20, 2026.

Walmart launched Agent Gateway on October 21, 2026, letting AI assistants like ChatGPT and Gemini shop for customers, unlike Amazon.

Klarna launched Consumer FX on October 21, 2026, letting shoppers buy from its merchants abroad and pay in their own currency with no exchange fee.

HD Fire Protect shares listed at Rs 335 on NSE on October 21, 2026, a 23.62% premium to the Rs 271 IPO price, before slipping to about Rs 303-307 in morning trade.

Goa-based BLS Polymers' Rs 255 crore IPO opens October 27, 2026, at Rs 142-150 a share; wire and cable compounds bring about 81% of its revenue.

EAAA India Alternatives, an Edelweiss Group fund manager, fixed a Rs 1,585-1,665 price band for its Rs 1,200 crore IPO opening October 26, 2026.

Bengaluru spacetech start-up OXG Space raised about Rs 17 crore led by Aum Ventures for a 12-month in-orbit test of satellite computing and links.

San Francisco home insurer Stand raised $70 million at a $1 billion valuation on October 15, 2026, to price each house by how well it can survive disasters.

Jio Platforms raised Rs 8,109.85 crore from 212 anchor investors on October 19, 2026, as bids topped Rs 2.5 lakh crore; the IPO opens October 21.

Zetwerk's Rs 5,012 crore IPO closed 3.06 times subscribed on October 19, 2026, led by QIBs at 4.73 times; retail bids filled 0.72 times.

Burma Burma's parent Hunger Pangs has filed IPO papers with SEBI for a Rs 150 crore fresh issue plus an OFS, made public on October 17, 2026, to fund 27 new restaurants.

Menswear brand The Pant Project raised Rs 109 crore in a Series B led by Mirae Asset on October 19, 2026, to expand from 25 to over 150 stores.

Hospital chain Paras Healthcare will open its Rs 1,450 crore IPO on October 21, 2026, at Rs 660-693 a share, the same day as the Jio Platforms issue.

Family offices and angels have put about $760 million into Indian AI companies in 2026, up nearly 50%, Tracxn data cited on October 15-16, 2026 show.

SEBI issued final observations on Cult.fit's IPO on October 12, 2026; the issue has a Rs 950 crore fresh issue and a 17.86 crore-share offer for sale.

Jio Platforms fixed its Rs 30,213 crore IPO price band at Rs 1,065-1,119; the issue opens October 21 and its grey market premium is about Rs 200-225.

US start-up Abby Care raised an $82 million Series C led by Transformation Capital on October 15, 2026, to train and pay family members as caregivers.

Fairfax's Prem Watsa plans to combine IDBI Bank, Digit Insurance and IIFL Capital into one group, saying on October 16, 2026 that India's boom will last a decade.

Honda will unveil its first India-built electric SUV, based on the 0 Alpha, on December 2, 2026, reports said on October 15, as the first of four planned SUVs.

Fusion CX's Rs 702 crore IPO, priced at Rs 275-289, entered day two on 15 October 2026 after a Rs 315.90 crore anchor round; it closes on 16 October.

HD Fire Protect's Rs 712 crore IPO, an offer for sale, closes on October 15, 2026; it was subscribed about 20.7 times by 10:20 am, with listing set for October 21.

Bengaluru mobile gaming studio Spill Games raised $10.5 million (about Rs 100 crore) in a Series A led by Elevation Capital, reported on October 14, 2026.

Supplements brand The Stack raised Rs 21.5 crore in a seed round co-led by Sauce, OTP Ventures and Huddle Ventures, announced October 14, 2026.

India's RDI Fund named its first 19 fund managers, including Blume and Kalaari, on Oct 12, 2026, committing Rs 7,131 crore that must be matched privately.

Bengaluru's NuSynth Technologies raised Rs 36.5 crore in a seed round co-led by Avaana Capital and Shastra VC, reported October 13, 2026.

MakeO, parent of toothsi and Zenyum, raised about Rs 90 crore led by Singularity AMC on 13 October 2026 to add clinics and plants in India and Southeast Asia.

SEBI issued its final observations on Indian Gas Exchange's IPO on October 12, 2026; the issue is a pure sale of up to 1.67 crore shares by parent IEX.

Fitness brand Boldfit has raised about Rs 400 crore in a Series B led by Bharat Value Fund to expand retail, manufacturing and acquisitions, reported on 12 October 2026.

Sahajanand Medical Technologies set a Rs 327-344 price band on 12 October 2026 for its Rs 475 crore offer-for-sale IPO, open from 15 to 19 October.

Bonfiglioli Transmissions fixed a Rs 558-586 price band on 12 October 2026 for its Rs 2,534 crore IPO, a pure offer for sale opening 15 October.

India registered about 2.07 lakh electric two-wheelers in September 2026, up about 89% year on year, taking an 11.5% share; TVS, Bajaj and Ather led.

Zetwerk's IPO, with a Rs 2,600 crore fresh issue, is set to open October 15, 2026; the price band is due October 12 at a reported Rs 27,000 crore value.

TVS Automobile Solutions, owner of car-service brand myTVS, raised Rs 425 crore in a Series D round led by UAE-based Crescent Enterprises to grow in India and enter MENA.

Kolkata's Fusion CX set a Rs 275-289 price band for its Rs 702 crore IPO, which opens on 14 October 2026; most fresh funds will repay debt.

Fire safety equipment maker HD Fire Protect's Rs 712 crore IPO, a pure promoter sale priced at Rs 258-271, opens for subscription on October 13, 2026.
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