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.
Standard Chartered has received regulatory approval from IFSCA to offer wealth management products out of GIFT City, marking its first retail-oriented play from the financial hub. The move signals a broader industry trend of foreign banks moving beyond wholesale and institutional banking in India to compete for a slice of the country's rapidly growing private wealth segment.
Tata Group's retail arm Trent posted double-digit revenue and profit growth in Q1, largely driven by aggressive new store openings rather than stronger performance at existing outlets. Sluggish like-for-like sales at already-operating stores, however, suggested underlying consumer demand remains subdued. The divergence between headline growth and store-level performance has raised questions about the sustainability of the current expansion pace.
Kolte-Patil Developers is set to redevelop six housing societies across the Mumbai Metropolitan Region, with the portfolio expected to generate revenues of around ₹6,000 crore. The projects are concentrated in high-demand western Mumbai localities and are slated to be launched over the next six to twelve months. This signals a significant capital commitment to the MMR real estate market.
Standard Chartered has received in-principle regulatory approval from IFSCA to launch retail wealth management services at GIFT City in Gujarat. The bank, which was the first foreign lender to set up operations at GIFT City back in 2020, plans to roll out these offerings within the coming months. This marks a notable expansion of the international financial hub's product ecosystem.
Bengaluru-based AI startup Consint.AI has secured ₹22 crore in fresh funding to fuel its international expansion and strengthen its AI-driven platform focused on healthcare fraud detection and risk management. The company serves enterprises and plans to use the capital to build out its core AI models. This raise signals continued investor appetite for applied AI solutions in the compliance and fraud prevention space.
Swiggy is doubling down on two high-growth verticals — its budget meals platform Toing and its quick commerce arm Instamart — as the core pillars of an ambitious profitability target by FY31. The company is betting that scaling these businesses aggressively will drive it to a consolidated adjusted EBITDA of ₹10,000 crore within the next several years. This signals a significant operational build-out rather than a consolidation phase.
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.