Harsh Batra
For once, capital is solely flowing into India, not out of it.
Brookfield has agreed to buy ESR Group’s Indian warehousing platform for $444 million, one of the largest real estate transactions of the year and a clear vote of confidence in the country’s logistics and e-commerce infrastructure build-out from one of the world’s largest alternative asset managers.
The deal fits a broader pattern. All 29 transactions in this edition’s Deals Tracker were domestic, inbound or cross-border – for the first time in recent editions, no Indian company announced an outbound acquisition abroad.
Energy remained the busiest sector, accounting for eight deals, nearly a third of all activity, as solar, wind, hydro and grid-transmission players kept consolidating.
Public markets told a similar story. Our news tracker counted more than 20 IPO-related stories this week, from reports that Reliance Jio could list at a valuation above ₹12 trillion to fresh market debuts for Orient Cables, Vans Electroengineerings and Snapdeal parent AceVector.
Elsewhere, Infineon completed its acquisition of C2i Semiconductors, Marico took a 24% stake in Satya Nutraceuticals for ₹1,012 crore, and Sumitomo Corp agreed to acquire a 49% stake in HFE’s 500 MW Karnataka renewable project.
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Weekly summary | October 2-8, 2026
The Deals Tracker logged 29 confirmed deals this week, the busiest edition in a month.
Energy was the clear leader with eight deals, nearly a third of all activity, as grid-transmission and renewable-power players did most of the consolidating: Adani Energy Solutions acquired Satara Power Transmission, Resonia took full ownership of Balsane Power Transmission, and Adani Power agreed a 770 MW hydropower joint venture with Bhutan’s Druk Green Power.
Technology was the second-busiest sector with seven deals, led by Infineon’s completed acquisition of C2i Semiconductors and Dixon Technologies’ new joint venture with Taiwan’s Gemtek to manufacture optical transceivers.
Real estate produced the week’s single largest transaction: Brookfield agreed to buy ESR Group’s Indian warehousing platform for $444 million, one of the largest logistics real estate deals of the year.
Every one of this week’s 29 deals was domestic, inbound or cross-border, meaning for the first time in recent editions no Indian acquirer announced a deal abroad.
Nineteen deals were purely domestic, five were inbound and five were cross-border, including BPCL and Shell’s joint venture with Tiki Tar to enter India’s value-added bitumen market, and FORVIA’s seating-manufacture tie-up with the Anand Group.
Rumour mill
- Anushka Sharma-backed Slurrp Farm explores fresh fundraise as existing investors eye exit
- Agrani in talks to raise Rs 800-850 crore from Samsung, 360 One, Peak XV
- Pointo bets on e-auto, BESS, second-life battery segments to drive growth
- John Distilleries surpasses Rs 10,000 crore revenue in FY26; Sazerac become majority shareholder
- Sixth Update: Acquisition of AluChem Companies, Inc. by Aditya Holdings LLC, a step-down wholly owned subsidiary of Hindalco Industries Limited
- Fintech startup Oolka in talks to raise $45 million from Bessemer, Prosus and others
- L&T extends Hyderabad Metro stake sale deadline to Dec 31
- Prosus steps up India fintech bets with Kiwi, Oolka funding talks
- Sachin Bansal’s Navi in talks to raise $40 million from Elevation, two months after Prosus’ $100 million round
- GAIL India eyes minority stake in US LNG project amid supply security push
- DFM Foods sale: EQT, Emami, Balaji Wafers join ITC, TPG for Crax maker buy-out
Regulatory
- Commission approves the proposed acquisition of 100% shareholding of Vishavari Tollway Private Limited and nine SPVs operating road assets in India by Concessoc 41 SAS (Acquirer)
- Commission approves acquisition of certain shareholding in Prestige Hospitality Ventures Limited by CPP Investment Board Private Holdings (4) Inc
Job moves
- Trilegal lawyer Anamika Ray joins Anagram Partners as Partner in Corporate practice
- RBI names Sudhakar Malli executive director, to oversee bank supervision
- ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO as Anup Bagchi joins HDFC Bank
- GAIL’s Sanjay Kumar named next Petronet LNG CEO
- Bajaj Finserv to rope in ex-GIC re chief for reinsurance venture
- Hinduja Tech Names Faiz Ahmad as CEO
- Gaurav Kaul appointed MD & CEO of Cipla Health
- A new leader for ALTEN India: Prabhakar Atla steps in as CEO
- Sarvam AI appoints Ex-Google Cloud India MD Sreedharan as president
- SBI Funds Management Appoints Dhruva Agarwal as Head of Alternates
- LIC appoints 5 Independent Directors for four-year term
- EDF power solutions India appoints Kanwaljit Singh Chadha as CEO
- CPCL Appoints Ritesh Kumar Golchha as Independent Director
- Apollo Tyres accepts Gaurav Kumar’s resignation as CFO effective Oct 6
- Abhinit Das joins DSA Legal as Partner in Disputes practice
IPOs
- Quadria-backed Maxivision confidentially files for India IPO
- Outcome of Board Meeting Allotment of Equity Shares 02-10-2026
- Jio IPO likely by October end at enterprise valuation of above ₹12 trillion
- B2B commerce firm OfBusiness plan IPO next year, DRHP likely in November
- Trilegal, Khaitan & Co act on Varmora Granito ₹708 crore IPO
- Snapdeal parent AceVector lists at 12% discount
- Shardul and Cyril Amarchand Mangaldas act on Elevate Campuses ₹2,100 crore IPO
- Orient Cables shares make strong debut, yield over 65% listing gains
- German Green Steel shares reverse listing gains, down 8% from IPO price
- Shah Investor’s Home shares list at 2% premium; here’s how you should trade
- McDonald’s supplier HyFun plans $208 million India IPO
- HD Fire Protect IPO to hit Dalal Street on October 13, pure OFS by promoters
- FirstCry parent-promoted Swara Baby Products gets SEBI nod to raise Rs 1,000 crore via IPO
- Vans Electroengineerings shares make strong debut, list at 90% premium on BSE SME
- TD Power Systems Board approves ₹516.65 crore QIP fundraise
- R.K.Fashion Accessories Limited IPO Allotment Status
- Papadmalji Agro Foods IPO Shares List at ₹72.30 on NSE SME
- Black Opal Consultants IPO Shares List at ₹200 on BSE SME
- Agastya Energy EGM Approves ₹566 Cr Fundraising, ESOP
- Vidhigya Associates acts on A-One Steels India ₹405 crore IPO
- Trilegal, CMS INDUSLAW act on J B Ecotex proposed IPO
- Legacy Law Offices acts on Auto Recycling Systems IPO
- Khaitan & Co, Verist Law, JSA, TT&A, Linklaters act on Anarock ₹1,000 crore proposed IPO
Fundraising
- myTVS raises Rs 425 crore in Series D round led by CE-Invests
- ReFit Global raises $1 mn funding from UAE family office
- Lorazzo raises ₹15 Cr funding led by Sauce
- IPO-Bound StockGro Raises ₹110 Cr From Existing Backers
- Beyond Appliances raises ₹110 crore series B funding led by Fireside Ventures
- ASK Alternates raises Rs 500 crore for second private credit fund
- Wealthtech startup Zomint raises Rs 36 crore from Lightspeed, Prime Venture Partners
- Quanfluence raises $10 million to build full-stack photonic quantum computer
- Lumio raises $12 Mn to scale consumer electronics portfolio
- IndusBridge raises Rs 2,000-crore fund for defence bets
- Garuda Aerospace lands $10 million pre-IPO funding at $320 million valuation
- Edtech firm ByteXL raises $9 million in funding round led by Elevar Equity
- Desible.ai raises ₹32 crore Seed Plus round led by Prime Venture Partners
