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.
Visa has announced it will lay off approximately 2,600 employees worldwide, with a regulatory filing confirming 320 of those cuts will come from its Foster City headquarters alone. The reductions span several business functions rather than being concentrated in one area, suggesting a broad organisational restructuring. With Visa running significant technology and operations teams in India, the ripple effects on Indian employees and the wider fintech talent market are worth watching.
Bengaluru-based electric scooter startup River Mobility has secured $120 million in fresh funding to scale up its manufacturing operations and grow its retail network across India. The company, which entered the market with its Indie scooter in 2023, has now raised a cumulative $190 million and crossed 50,000 units sold. The capital infusion is expected to drive significant expansion in both production capacity and customer-facing infrastructure.
Hulp, a startup building AI-powered household assistance services, has secured $2.6 million in seed funding from Sparrow Capital and BITKRAFT. The round signals early investor confidence in tech-driven home services as a viable category in India. Fresh capital will likely go toward building out the platform, technology, and on-ground operations.
India's Directorate General of Foreign Trade has formally notified rules allowing ecommerce companies — including those with foreign investment — to hold inventory specifically for export through online platforms. To participate, these firms must register as an 'exporter-on-record' with the government. The move creates a structured, regulation-backed framework for cross-border ecommerce exports that previously lacked clear operational guidelines.
The West Bengal government has approved accelerated land acquisition for the Chalsa-Naxalbari railway line, a strategically significant corridor near the India-China-Bhutan tri-junction. A joint survey by railway and forest authorities is planned after the monsoon season. The project is expected to strengthen regional connectivity and give a boost to tourism in the area.
Essar Energy Transition has secured approximately ₹3,806 crore in debt financing from leading European and UK banks. The funds are intended to strengthen the company's financial position and accelerate its decarbonisation agenda. This signals a major push by the Essar Group into the energy transition space, backed by significant international capital.
Marico has posted its strongest domestic volume growth in five years, with the company attributing the performance to softening input costs and favourable monsoon conditions. The consumer goods major is now projecting sustained momentum through the rest of FY27, signalling a period of operational expansion. This marks a meaningful turnaround for the brand after a stretch of subdued demand in the FMCG sector.
The Indian government is exploring a large-scale strategic reserve programme worth approximately $42 billion that would store not just crude oil but also LNG and LPG for the first time. To fund this, levies on cooking gas and natural gas consumers are being considered. The initiative is driven by energy security concerns following supply disruptions linked to tensions in the Middle East.
A Parliamentary Standing Committee on Communications and IT has escalated regulatory pressure on Meta in India, demanding accountability from its top leadership over content moderation and platform governance concerns. The scrutiny signals that India's lawmakers are taking a harder line on how global social media giants operate within the country. This follows a broader pattern of tightening oversight of Big Tech platforms in India.
Rohtak-based D-Lyft has grown from a modest setup into a large-scale precision engineering and manufacturing operation spanning 100,000 square metres. The company has built its growth on in-house manufacturing capabilities and automation, and is now targeting international markets. Its expansion reflects a broader trend of homegrown Indian manufacturers moving up the value chain.
Akasa Air's CEO has publicly backed a proposal that would allow airport operators to hold stakes in or own airline companies, arguing that India's fast-growing aviation sector needs more competition. The idea has drawn pushback from IndiGo's co-founder, who warns of potential conflicts of interest. The Indian government is yet to make a final call, but the debate signals a possible structural shift in how the aviation industry is organised.
The Indian government is considering amendments to the Payment and Settlement Systems Act that could allow a Merchant Discount Rate on UPI transactions above Rs 2,000, particularly targeting large merchants. The move is framed as a way to fund payment infrastructure development and strengthen cybersecurity. Everyday small-value transactions are largely expected to stay free under the proposed framework.