M&A
M&A news, interpreted
M&A news on Lumic is written for Indian professionals who want the meaning behind the headline, not another jargon-filled recap. Every story in this section is interpreted in plain English so you can see what moved, why it matters for your money, and what to watch next. We cover the same m&a developments that show up across markets, policy, and company results — then we strip out the noise. Use this page as a live feed of published m&a stories from the Lumic app. No sign-in is required on the web. New pieces appear here as soon as editors publish them, with the same key points and impact notes you get on iOS and Android. If you follow m&a closely, bookmark this page or download the Lumic app for alerts. Related explainers stay on the Lumic blog; this feed stays focused on current m&a news, interpreted for India. Start with the latest stories below.
Healthcare
Manipal Health Bets on Organic Growth After Landmark IPO Launch
- Manipal plans to add nearly 3,000 beds through greenfield and brownfield projects.
- Most IPO proceeds will repay debt, helping the hospital chain become nearly debt free.
- Management says future growth will focus on expansion before pursuing large acquisitions.
Commodities
Tata Capital Enters Fast-Growing Gold Loan Market with Yogloans Deals
- Tata Capital acquired an 88.6% stake in Yogloans, gaining 162 branches and a ₹708 crore loan book.
- Gold loans are the fastest-growing retail credit segment as lenders move away from unsecured lending
- Rising gold prices and changing consumer behaviour are unlocking household gold as source of credit
BFSI
Why Global Banks Are Exiting India's Retail Banking Market.
- Kotak Mahindra Bank's acquisition of Deutsche Bank's retail business highlights a broader trend
- Several global banks are exiting retail banking to focus on corporate and wealth management
- Despite India's strong economic growth, foreign banks face intense local competition and scale
Healthcare
Cult.fit Eyes IPO After a Decade of Growth and Business Pivots
- Cult.fit evolved from Cure.fit into a diversified wellness platform ahead of its planned IPO
- The company has acquired 14 businesses across fitness, health, wellness and food technology
- Cult.fit is reportedly targeting a ₹3,500–4,000 crore IPO at a $2 billion valuation.
IT
Coforge Aims to Double Revenue to $5 Billion by 2030 on AI and Deals
- Coforge targets doubling revenue to $5 billion by 2030 from current $2.4 billion via AI and deals
- Company plans growth via large deal wins AI investments acquisitions and expansion in healthcare GCC
- Coforge ranks seventh in Indian IT at $1.8 billion organic revenue aiming to close gap with LTIM
IT
Sarvam AI Turns Unicorn After Raising $234 Million with HCLTech as Lead
- Sarvam AI raises $234 million in Series B becoming India's latest unicorn in the sovereign AI space
- HCLTech acquires 10.46% stake for Rs 1427 crore emerging as lead strategic investor in Sarvam AI
- Sarvam joins Krutrim as only two Indian AI startups to achieve unicorn status in the country so far
Industrials
Uttar Pradesh Government Locks Down 300 hectare for Major Logistics Hub in Greater Noida
- The Uttar Pradesh government has taken possession of more than 300 hectares of land for a big transport and storage cent
- This new center is expected to kickstart economic growth and create many new job opportunities in the Greater Noida area
- It will help goods move more smoothly across UP and likely draw in more money for real estate and industries.