Here are the highlights:
💊 HUL acquired the remaining 49% of OZiva for ₹824 Cr, valuing it at ~₹1,680 Cr (~3.5x FY25 revenue)
💊 USV India picked up ~80% of Wellbeing Nutrition for ~₹1,260 Cr at a ~₹1,580 Cr valuation, pharma expanding into consumer wellness
🏨 IHCL (Taj Group) acquired 51% of Brij Hotels, adding a boutique experiential leisure brand to its portfolio
🏥 Novo Holdings picked up a 49% stake in Surya Hospitals, valued at ~₹1,000–1,200 Cr
🖱️ Zebronics acquired iBall's brand and IP, a nostalgic accessories brand getting a second life under a stronger operator
🌾 Unnati acquired 51% of Gramophone, consolidating the agri-tech input space
🏠 Pync (backed by Accel, Bharat Founders Fund) was absorbed by Snabbit as home services heats up.
🍫 Reliance Consumer Products acquired Manna, with ~80% now held by Reliance
🏦 BLS E-Services acquired Atyati Technologies (~₹155 Cr), a fintech for rural segments with ~₹400 Cr in FY25 revenue
📊 Rainmatter (Zerodha) took a 51% stake in PensionBox for $2M, giving early investors a full exit
🍿 PVR INOX sold 4700BC to Marico, an interesting case when strategics sell to strategics when a brand outgrows its parent's DNA
🚛 Bertelsmann became a majority shareholder in LetsTransport, leading a $20–25M investment to build a wider logistics platform beyond trucking