Category: Blogs
India’s M&A Landscape in 2025: What, Why, When, How
India’s mergers and acquisitions (M&A) market showed remarkable resilience in the first half of 2025. Deal values touched nearly US$50–60 billion, with a strong tilt toward larger, strategic transactions. The number of deals moderated compared to last year, but the average deal size increased significantly, with at least ten transactions valued at over a billion dollars.
From Growth to Listing: Why SME-IPOs are Reshaping India’s Capital Markets
In recent years, India’s Small and Medium Enterprises (SMEs) have been quietly rewriting the rules of capital raising: no longer limited to banks, private debt, or venture rounds, many are turning to IPOs on SME exchanges (BSE SME, NSE Emerge) to access public capital. For investors, entrepreneurs, and financial professionals, SME-IPOs are no longer fringe—they…
From Debt Funds to Real Estate: How New Tax Rules Are Reshaping Investor Choices in 2025
In August 2025, India’s Parliament passed the Promotion and Regulation of Online Gaming Bill, imposing a nationwide ban on all real-money gaming (RMG) activities—including fantasy sports, poker, rummy, and betting apps—regardless of whether they are games of skill or chance. The bill mandates strict penalties for operators, promoters, and users, including fines up to ₹1…
AI Is No Longer a Capability. It Is the Core.
For a long time, Artificial Intelligence was spoken of as a “capability” — something a company could add on to make processes smarter, faster, or more efficient. That framing is now outdated. Today, AI has shifted from being a tool to being the core operating system of modern businesses. Just as the internet redefined business models in the…
Using speed as a strategy in Indian business
In business, being big often makes you lazy. There are more processes, more meetings, and decisions take longer to make. But successful leaders know that speed is not something that just happens; it is a choice. Not only do startups need to be able to act quickly, cut through layers of bureaucracy, and give teams…
Indian spacetech opportunity
India’s spacetech startup landscape has entered an unprecedented growth phase, driven by bold government reforms, strategic funding, and global ambitions. Once the sole domain of ISRO, India now boasts more than 350 active spacetech startups as of 2025, catalyzed by the Indian National Space Promotion and Authorization Center (IN-SPACe) and sizable public-private investments.
India’s Real-Money Gaming Ban: Regulation or Repression?
In August 2025, India’s Parliament passed the Promotion and Regulation of Online Gaming Bill, imposing a nationwide ban on all real-money gaming (RMG) activities—including fantasy sports, poker, rummy, and betting apps—regardless of whether they are games of skill or chance. The bill mandates strict penalties for operators, promoters, and users, including fines up to ₹1…
Quiet Compounders and Bold Fundamentals: The Next Wave of Venture Returns
As we enter the latter half of 2025, I find myself reflecting on both privilege and responsibility of being an investor in today’s environment. The past few years have taught us that capital is no longer abundant in the way it once was. Liquidity has tightened, global economies are recalibrating, and investors are being forced to separate hype-driven…
Key Insights from Evaluating D2C Startups
A founder’s prior industry experience is often the single biggest predictor of early momentum in D2C. Understanding supply chains, consumer behavior, and digital marketing—often gained from having built or scaled a brand before—is vital. Seasoned founders are quicker to adapt to changing market realities, secure critical partnerships, and avoid common pitfalls.
India’s Electric Two-Wheeler Market: What FAME-II Taught Us About Growth, Compliance, and the Road Ahead
India’s electric two-wheeler market has moved from rapid expansion to intense consolidation following stricter enforcement of the FAME-II subsidy norms. Sales reached a record 1.14 million units in FY2025, a testament to robust demand and increasing consumer appetite for EVs. Yet, as the government intensified compliance, several mid-sized and smaller manufacturers experienced steep declines or…