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.
Mumbai-based investment firm Piper Serica has completed the first close of its Bharat Tech Fund at Rs 300 crore, targeting Indian startups building technology with global ambitions. Each portfolio company can expect to receive between Rs 25 and Rs 50 crore in funding. The fund is specifically focused on deeptech and globally competitive innovations originating from India.
Chennai-based deeptech startup Solinas Integrity, incubated at IIT Madras, has secured $5.5 million in fresh funding. The company develops AI-powered robotic systems designed to inspect, clean, and map underground water and wastewater networks, addressing critical issues like leakages, contamination, and the dangerous practice of manual scavenging. The investment is expected to fuel expansion of its technology and operations across India.
Bajaj General Insurance and global reinsurance giant Swiss Re are in discussions to form a commercial insurance partnership in India. The collaboration is aimed at covering complex risks in high-tech and manufacturing sectors, while also serving Indian businesses expanding internationally and foreign multinationals with a presence in India.
Flexible workspace provider Smartworks has secured 141,000 square feet of office space in Delhi's Aerocity, one of the capital's most sought-after commercial corridors. The move is backed by strong business momentum, with the company posting 44% revenue growth in Q1 FY27. Smartworks now manages close to 17 million square feet of workspace across India and Singapore.
Gurugram-based travel technology company RateGain posted a consolidated net profit of nearly ₹95 crore in Q1 FY27, more than doubling its year-ago figure, while revenue surged 188% over the same period. The strong performance reflects accelerating demand for AI-driven SaaS solutions in the global travel and hospitality sector. RateGain, which counts major hotel chains and airlines among its clients, has been aggressively expanding its product and engineering capabilities.
Ola Electric is opening up its sales and service operations to third-party dealer partners across India, marking a significant shift in its go-to-market strategy. Company-owned stores will move toward a brand experience role, while dealer partners take on the bulk of local sales, servicing, and customer support. This dealership-led model represents a major structural expansion of Ola Electric's physical footprint across the country.
Swiggy has set an ambitious target of reaching ₹10,000 crore in EBITDA by FY31, planning to more than triple its gross order value to roughly ₹2.5 trillion. The company is banking on sustained momentum in food delivery and rapid expansion of its quick-commerce arm, Instamart, to drive this growth at a compounded annual rate exceeding 30%. This scale-up signals significant operational investment across the business over the next six years.
Mumbai-based asset management firm Piper Serica has secured the first close of its dedicated Bharat Tech Fund at ₹300 crore, working toward a total corpus of ₹800 crore. The fund is focused on investing in Indian technology companies, signalling sustained institutional confidence in the domestic tech ecosystem. This capital will be deployed into tech startups and growth-stage firms operating across India.
Kalyan Jewellers is pursuing a deliberate multi-brand portfolio strategy, positioning its Candere platform around lightweight, everyday and gifting jewellery while launching a new brand, Akshaya Thanga Maaligai, to cater to customers who prefer traditional regional designs. This effectively splits the group's offering across distinct customer segments rather than serving all buyers under one roof. The move signals meaningful organisational and retail expansion beyond the flagship Kalyan brand.
Chalet Hotels is expanding its Athiva hospitality brand with two new properties — one in Hyderabad's business district slated for fiscal year 2029 and another in Pune targeted for fiscal year 2031. Together, the two hotels will add 381 rooms to the company's portfolio. Both properties will be leased from Mindspace Business Parks REIT, positioning them squarely within corporate business corridors.
Netflix has launched a structured programme in India aimed at nurturing local talent across animation, visual storytelling, and related creative disciplines. The initiative signals a deeper commitment to homegrown content production beyond simply licensing Indian titles. It comes as the platform's leadership publicly backs local content and AI-assisted creation as twin growth levers.
Indian smartphone maker Ai+ has committed Rs 100 crore over five years to a structured bug bounty programme, inviting independent security researchers to probe its devices for vulnerabilities. The initiative is framed as a transparency-driven effort to strengthen consumer trust in its hardware ecosystem. Rather than relying solely on an in-house team, the company is opening its security challenges to the broader research community.