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.
AI-driven equity research startup Pinegap has closed an $8 million Series A round led by Stellaris Venture Partners. The company plans to deploy the capital across sales, engineering team expansion, and building an in-house bench of seasoned equity research professionals. This signals a deliberate push to scale both its technology and domain-expert workforce.
DLF has outlined an ambitious plan to build a Rs 1 lakh crore sales pipeline over the next four to five years, anchored by a sharp focus on luxury residential properties. The developer is targeting a broader customer base that includes younger urban buyers and the NRI community, while expecting profitability to nearly double from 2028. The company's large commercial portfolio remains on hold for monetisation for now.
Mindspace Business Parks REIT posted a 27.8% jump in net operating income, reaching Rs 788 crore for the quarter, while leasing close to 0.9 million square feet of office space. The trust also expanded its development pipeline with new office and hospitality projects, bringing its total portfolio to approximately 46.2 million square feet. A record quarterly distribution per unit of Rs 6.67 underlines strong investor confidence in the commercial real estate segment.
Bharti Airtel has indicated it has room to increase prices on its lower-tier unlimited data plans, backed by strong profit growth from its core operations. The company is also scaling up its data centre footprint in Mumbai and plans to increase capital deployment in its Africa business. These moves signal a broader strategic push to build higher-value infrastructure and services.
Delhi NCR-based cooling solutions startup Optimist is reportedly in advanced discussions to secure around $10 million in fresh funding from TDK Ventures. If the round closes, it would mark a significant capital infusion into India's domestic air conditioning and climate technology space. The deal signals growing investor interest in energy-efficient cooling solutions amid India's intensifying summers and rising demand for affordable AC units.
Delhi NCR-based pain management startup Zanskar is reportedly in advanced discussions to close a $6 million funding round, with Bessemer Venture Partners expected to lead the investment. The fresh capital would mark a significant vote of confidence in India's emerging pain care and digital health segment. If completed, the round is likely to fuel the company's operational and team expansion plans.
PolicyBazaar's parent company PB Fintech posted a near-doubling of net profit in the first quarter of FY27, reaching approximately ₹163 crore, while revenue grew by around 40% year-on-year. The robust financial performance signals strong business momentum for one of India's leading fintech platforms. Such results typically precede increased operational investment, including workforce expansion.
India's four largest listed real estate developers are gearing up for a wave of premium project launches worth over ₹1 trillion in FY27, aiming to compensate for a sluggish first quarter where delays held back momentum. The scale of these planned launches represents one of the most aggressive pipeline commitments the sector has seen in recent years. Whether market demand holds up will determine how much of this activity actually translates into ground-level execution.
Vingo, a peer-to-peer marketplace focused on pre-owned, unique, and collectible goods, has closed a Rs 10 crore seed funding round. The capital will be directed toward strengthening the platform's product capabilities and payment infrastructure. The move signals growing investor confidence in India's recommerce space.
EIH Limited, which operates The Oberoi Group's hotels, has joined hands with The Bhartiya Group to develop and manage 20 new ultra-premium lifestyle resorts across India. The venture aims to blend the Oberoi brand's signature personalised service with a strong wellness dimension. This marks one of the more ambitious luxury hospitality expansions announced in India in recent years.
State-owned ONGC is moving to take operational control of two oil blocks in Venezuela under the country's revised energy regulations. This follows the company's successful recovery of its stake in Russia's Sakhalin-1 project late last year, which meaningfully boosted group revenues. ONGC is anticipating fresh agreements to be formalised soon as it deepens its international upstream footprint.
Bengaluru-based electric vehicle startup River Mobility has closed a $120 million Series C funding round co-led by Elev8 Venture and Claypond Capital. The company plans to deploy the capital toward scaling up its manufacturing operations and launching new vehicle models. This makes it one of the larger funding rounds in India's EV two-wheeler segment in recent times.