India

GIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first private Indian rocket to attempt the milestone. Skyroot Aerospace, the Hyderabad-based private launch-vehicle developer, has crossed into unicorn territory with a fresh round backed […]

The digital insurer, backed by General Atlantic, Canada Pension Plan Investment Board, and Accel, plans to file its DRHP confidentially with SEBI in H2 2026. In FY25 it grew revenue 35% to Rs 2,837 crore and cut net losses by 37%. It has raised over $583 million in total funding. Acko, the Bengaluru-based digital-first general […]

The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lumina into AirTrunk, Blackstone gives its Asia-Pacific data centre platform a foothold in India’s hyperscale market without a third-party acquisition. Terms were not disclosed. AirTrunk, […]

Himalayan pink salt sells for premium prices in the US and Europe, but in Pakistan's Khewra mine, workers risk their lives blasting it out for a fraction of the profit. We went inside one of the world's largest salt mines and nearby factories to see how it's really made.

Bengaluru’s Swish has now raised $54M in 18 months, values itself at $139M, and is betting that owning the kitchen, the technology, and the last mile is the only way to make ultra-fast food delivery work at scale. The timing is pointed. In the months before Swish announced its $38 million Series B, three of […]

Most of the shrimp Americans consume comes from India. But in August 2025, the Trump administration announced 50% tariffs on the country. Shrimp farmers in Gujarat, who'd taken US demand and turned poor towns into valuable shrimp hubs, had to pivot.