The Big Move
₹2,400 Cr
Reliance quietly becomes the biggest backer of India's quick-commerce war
A single late-night filing reveals a stake big enough to reshape who delivers your groceries in ten minutes — and who gets squeezed out trying.
Business
Markets, deals, startups and the money moves that matter.
The Big Move
$1.1 B
A Gulf sovereign fund just made its largest-ever bet on Indian fintech
The cheque lands as UAE–India payment rails go live. The timing isn't a coincidence — it's a thesis.
The Deal Sheet
ZL
Zephyr Logistics
Raised to expand cold-chain across Tier-2 cities
Series B · $48MLogistics
MF
Marigold Foods
Acquired regional snacks brand to enter the South market
M&AFMCG
NT
NovaTech Solar
IPO oversubscribed 14× on listing day
IPOEnergy
HF
Harbour Fintech
Seed round to build UAE–India remittance rails
Seed · $6MFintech
DR
Dunes Retail
Dubai-based grocery chain enters Mumbai
ExpansionRetail
AA
Aether AI
Bridge round ahead of an enterprise launch
Bridge · $12MAI
People Who Move Markets
Ananya Rao
Founder & CEO, Zephyr Logistics
Built India's first profitable Tier-2 cold-chain network at 31.
Why it matters: Her unit economics are forcing the funded giants to explain why they still burn cash.
Karim Haddad
Managing Partner, Gulf Bridge Capital
The dealmaker quietly routing Gulf money into Indian startups.
Why it matters: Where he writes the next cheque tends to signal the next hot sector six months early.
Meera Iyer
Co-founder, Harbour Fintech
Wants to make AED↔INR transfers as instant as a text.
Why it matters: If it works, it undercuts the remittance fees millions of expats pay every month.