Expansions, layoffs, funding, leadership moves, and policy shifts — with our take on what it means for hiring in India, today and over the next five years.
Honasa Consumer, the parent company behind Mamaearth and other direct-to-consumer personal care brands, posted a 119% jump in net profit for the first quarter of FY27, alongside a 27% rise in revenue. The company reported broad-based growth across its entire product portfolio. This strong financial performance puts Honasa among the faster-growing consumer brands in India's competitive FMCG and D2C landscape.
Chennai-based Veranda Learning posted a sharp rise in quarterly profit, with growth driven by its commerce education and government exam preparation verticals. The company achieved simultaneous revenue and profit expansion while keeping costs in check, signalling strong operational momentum heading into FY27.
Brainbees Solutions, the parent company of kids' omnichannel retailer FirstCry, reduced its Q1 FY27 net loss by 34% to Rs 44 crore while growing overall revenue 13% year-on-year. The India-specific business was the standout performer, recording 18% growth — the best in seven quarters. The results indicate the company is gradually closing the gap between its revenues and costs, a positive signal for operational stability.
Apollo Hospitals posted a strong Q1FY27 performance, with net profit climbing 34% and revenues growing 21%, driven by higher volumes in complex specialty treatments and a thriving pharmacy business. The results comfortably exceeded analyst expectations, signalling robust operational momentum across the hospital network. This kind of sustained top-line and bottom-line growth typically precedes capacity expansion and fresh recruitment cycles.
Bank of America has agreed to acquire up to a 49.9% stake in Jio Credit, Reliance's financial services arm, in a deal worth approximately $1.9 billion. The transaction values Jio Credit at around $3.8 billion and will be executed via preferential allotment of equity shares and warrants. The move marks one of the largest foreign investments into India's consumer lending and fintech space in recent memory.
Mirae Asset Venture Investments India has completed the first close of its second venture fund at ₹1,125 crore, with an overall target of ₹1,800 crore. The fund is focused on growth-stage companies — typically Series B through D — operating in technology, artificial intelligence, advanced manufacturing, and deeptech sectors. This signals a strong institutional bet on India's maturing startup ecosystem.
Bluehill.vc, a Chennai-headquartered venture capital firm, has completed the final close of its first deeptech-focused fund at ₹400 crore, having utilised the full greenshoe option of ₹50 crore. The firm intends to deploy cheques of $1–2 million each into roughly 15 to 16 early-stage deeptech startups. This close reflects a broader uptick in investor appetite for deep technology ventures in India.
Indian consumer startups are attracting renewed investor enthusiasm, fuelled by a string of successful mergers, acquisitions, and IPO exits that have restored confidence in the segment. This uptick in capital availability is expected to push consumer-focused ventures to scale operations, build teams, and compete more aggressively for market share. The momentum suggests a broader sectoral revival after a prolonged period of funding caution.
Centricity, a three-year-old wealthtech firm backed by Lightspeed, has secured ₹280 crore in a funding round led by SMBC Asia Rising Fund. The platform currently oversees assets worth over ₹15,000 crore and intends to deploy the fresh capital toward expanding its B2B2C distribution model and growing its global NRI wealth management business. This positions Centricity as a significant growth-stage player in India's fast-evolving fintech landscape.
Honasa Consumer, the company behind Mamaearth, reported its Q1FY27 profit more than doubling as it announced plans to scale up its younger, emerging brands. The company is also eyeing entry into the fragrance category as its next growth frontier. This signals a broader strategic push into new consumer segments within the Indian FMCG and personal care space.
Tata Motors has committed between ₹33,000 crore and ₹35,000 crore toward its passenger vehicle and electric vehicle segments over the next four fiscal years. The announcement came as the company sought to reassure investors following the departure of its chairman. Despite the leadership transition, the automaker signalled that its strategic roadmap remains firmly on track.
DLF is restructuring its mall portfolio by tiering properties according to consumer spending power, with a sharper focus on accessible luxury formats. The developer has announced expansion plans that include a new mall in Goa, aiming to tap into India's growing affluent and aspirational shopper base. This strategic repositioning reflects a broader surge in organised retail consumption across the country.