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Numero AI buys Chennai finance automation firm Royu to build AI workers for CFOs

Numero AI buys Chennai finance automation firm Royu to build AI workers for CFOs

US-based finance agentic company Numero AI has acquired Royu, a Chennai finance automation startup, in a cash-and-stock deal valued undisclosed. Royu’s co-founders will join Numero’s leadership, with one leading product and the other technology. Together, the firms aim to deploy an AI-native agentic system to automate enterprise finance and controller workflows, including accounting close, reconciliation, and reporting.

Summarised by Beize from a story on YourStory on 15 May 2026
Shivalik Small Bank nears deal for ManiBhavnam Home Finance after RBI nod

Shivalik Small Bank nears deal for ManiBhavnam Home Finance after RBI nod

Shivalik Small Bank has received Reserve Bank of India approval to acquire ManiBhavnam Home Finance, sources say. The bank is now seeking clearance from the Registrar of Companies, a step expected to complete the process. The proposed deal reportedly combines share swaps with a cash payment, pointing to a structured transfer rather than a simple purchase.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Raise Financial buys GreenLife Insurance Broking to build full stack fintech distribution

Raise Financial buys GreenLife Insurance Broking to build full stack fintech distribution

Weeks after buying algo-trading platform Stratzy, Raise Financial Services has acquired GreenLife Insurance Broking in a cash-and-stock deal without revealing terms. The unicorn plans to invest $15 million to build a direct-to-consumer insurance distribution platform, combining GIBL’s insurance expertise with Raise’s product and technology push across metro and tier II markets.

Summarised by Beize from a story on Inc42 on 13 May 2026
Black Box buys Brazil’s 2S Inovações to boost cybersecurity and data center networking across Latin America

Black Box buys Brazil’s 2S Inovações to boost cybersecurity and data center networking across Latin America

Black Box Limited has completed its acquisition of Brazil based 2S Inovações Tecnológicas effective May 1, 2026. The deal expands its digital infrastructure, data center networking, cloud, and cybersecurity capabilities across Latin America, reinforcing Brazil as a regional hub. Black Box expects the transaction to add around Rs 500 crore in annualised revenues and pushes toward US$2 billion yearly by 2030.

Summarised by Beize from a story on IndianWeb2 on 13 May 2026
EQT becomes sole bidder for OmniActive Health Technologies after rival offers fail

EQT becomes sole bidder for OmniActive Health Technologies after rival offers fail

Swedish investment firm EQT has emerged as the sole bidder for OmniActive Health Technologies after the company rejected a competing offer from Temasek and Novo Holdings. OmniActive, backed by TA Associates, has a strong position in nutraceuticals and a notable export footprint in the United States, making the sale a key development for the sector.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Crystal Crop Protection buys FMC India business for 252 million eyeing growth through 2026 close

Crystal Crop Protection buys FMC India business for 252 million eyeing growth through 2026 close

FMC Corporation is selling its India business to Crystal Crop Protection for $252 million. The agreement covers commercial crop protection operations and brand license rights, with the transaction expected to close by the end of 2026. FMC said it plans to use the proceeds to reduce debt, reshaping its financial priorities while the buyer expands its Indian footprint.

Summarised by Beize from a story on The Economic Times on 7 May 2026

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Emami to buy 60 percent stake in Vedix and SkinKraft parent for Rs 321 crore

Emami to buy 60 percent stake in Vedix and SkinKraft parent for Rs 321 crore

Kolkata-based Emami is set to acquire a 60% stake in IncNut Digital, the company behind beauty brands Vedix and SkinKraft, in a deal valued at Rs 321 crore. Emami plans to purchase the remaining stake over the next four and a half years, signaling a long-term push into the fast-growing skincare and wellness segment.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Blue Owl weighs $30 billion sale of Asia operations as investor withdrawals tighten

Blue Owl weighs $30 billion sale of Asia operations as investor withdrawals tighten

Stack Infrastructure, backed by Blue Owl Capital, is reportedly exploring a sale of its Asia operations, with deal values potentially exceeding $30 billion. The move comes as Blue Owl faces investor withdrawal limits. Despite the liquidity pressure, global investors remain aggressive in Asia data centers, attracted by surging cloud computing and AI demand.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Sun Pharma eyes funding swaps and offshore loans for 12 billion Organon deal approval

Sun Pharma eyes funding swaps and offshore loans for 12 billion Organon deal approval

Sun Pharmaceutical Industries is exploring multiple financing routes for its proposed $12 billion acquisition of Organon & Co. Reports say lenders are considering swapping Organon bondholders into Sun Pharma debt, including a possible euro-denominated bond, while Sun Pharma also plans to raise $3 billion to $4 billion in offshore loans. Deal approvals are expected by December.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Zappfresh eyes GM Foods majority stake to rapidly expand its frozen snack business

Zappfresh eyes GM Foods majority stake to rapidly expand its frozen snack business

Online food retailer Zappfresh is reportedly in talks to acquire a majority stake in GM Foods. The deal would broaden Zappfresh’s product range and deepen its push into the frozen vegetarian snacks space. Coming after Zappfresh’s recent acquisitions, it underscores an aggressive growth strategy aimed at intensifying competition across food delivery and related categories.

Summarised by Beize from a story on The Economic Times on 6 May 2026

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Vertex Group buys 4M digital CX business as it targets multiple deals annually

Vertex Group buys 4M digital CX business as it targets multiple deals annually

Vertex Group has acquired a $4M digital customer experience (CX) business, signaling a more aggressive expansion push. The company says the purchase fits within a broader growth plan to pursue more than two strategic acquisitions each year over the next three years, highlighting a deal-driven roadmap rather than organic growth alone.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Federal Bank to buy Standard Chartered card portfolio betting on younger customers

Federal Bank to buy Standard Chartered card portfolio betting on younger customers

Federal Bank plans to acquire Standard Chartered’s credit card portfolio, aiming to convert a strong credit and younger customer base into long-term value. The bank sees big cross-selling potential to expand its product range, but it will have to manage risks like customer attrition and differences in geographic reach as it integrates the assets.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Pine Labs buys Shopflo for ₹88 crore as Obhan Mason guides the deal

Pine Labs buys Shopflo for ₹88 crore as Obhan Mason guides the deal

Obhan Mason has been named lead legal counsel to Pine Labs in its 100% acquisition of Shopflo Technologies, a SaaS-based online checkout platform. The deal is valued at ₹88 crore (about USD 9.3 million). The transaction signals Pine Labs’ push to expand merchant checkout capabilities through integration of Shopflo’s software platform.

Summarised by Beize from a story on Republic on 4 May 2026
UpGrad to acquire Unacademy in all stock deal worth about Rs 2055 crore

UpGrad to acquire Unacademy in all stock deal worth about Rs 2055 crore

Upskilling platform UpGrad is set to acquire Unacademy in an all stock deal valued at around ₹2,055 crore, well below Unacademys peak valuation. Unacademy is expected to add substantial cash reserves to the transaction, which is pending approval from the Competition Commission of India. The move signals growing consolidation in Indias edtech market during a post pandemic slump.

Summarised by Beize from a story on The Economic Times on 4 May 2026

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Nebius to buy Eigen AI for 643 million to supercharge inference and expand in the US

Nebius to buy Eigen AI for 643 million to supercharge inference and expand in the US

Amsterdam-based Nebius plans to acquire Eigen AI for about $643 million, targeting stronger production-grade AI and faster scaling of its US operations. The purchase will fold Eigen AI’s inference and optimization technology into Nebius’ Token Factory platform. The deal is expected to close in the coming weeks, signaling a push toward deployable AI at scale.

Summarised by Beize from a story on The Economic Times on 1 May 2026
JSW One acquires BuildNext to supercharge home building with VR design execution at scale

JSW One acquires BuildNext to supercharge home building with VR design execution at scale

JSW One Platforms, JSW Group’s B2B construction marketplace, has acquired proptech startup BuildNext to strengthen its JSW One Homes business. The deal adds design and execution capabilities aimed at making home-building more predictable at scale. BuildNext’s investor Pidilite Ventures will transfer its stake via a share-swap, while also approving an additional ₹22 Cr investment through CCPS.

Summarised by Beize from a story on Inc42 on 30 Apr 2026
I Squared Capital plans exit from Polaris Smart Metering with $200 million valuation in play

I Squared Capital plans exit from Polaris Smart Metering with $200 million valuation in play

I Squared Capital is preparing to exit its stake in Polaris Smart Metering, hiring an investment bank to manage the sale. The company is valued at about $200 million and has secured smart meter installation contracts in Uttar Pradesh and West Bengal. Polaris also recently raised financing from British International Investment, adding momentum as the exit process begins.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Meta’s 2 Billion AI Deal Collapsed After China Blocked It Over Tech Leakage Fears

Meta’s 2 Billion AI Deal Collapsed After China Blocked It Over Tech Leakage Fears

Meta’s planned $2 billion acquisition of the AI startup Manus was reportedly halted after Beijing ordered the deal’s cancellation. The Chinese government raised concerns that Manus’s advanced AI technology could potentially leak to a geopolitical rival. The move highlights how cross-border AI deals can face national security reviews even when the price tag is massive.

Summarised by Beize from a story on Entrepreneur on 28 Apr 2026

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Bain Capital backed Dhoot Transmission buys Bengaluru firm MULTILINK for vehicle electronics push

Bain Capital backed Dhoot Transmission buys Bengaluru firm MULTILINK for vehicle electronics push

Bain Capital backed Dhoot Transmission has acquired Bengaluru based electrical and electronic products maker MULTILINK. The company says the purchase is designed to strengthen its footprint in the fast growing two and three wheeler market as electrification accelerates and vehicles carry more electronics. MULTILINK supplies OEMs, and the combined business expects growth and cost and revenue synergies.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Letterboxd could be sold as Versant and The Ankler eye film social network

Letterboxd could be sold as Versant and The Ankler eye film social network

Film lovers may soon see a new owner for Letterboxd. Semafor reports that investment firm Versant, which runs CNBC and MS NOW, and Hollywood media outlet The Ankler are among potential buyers. The news raises questions about how the platform’s social-first, review-driven experience could change if a media-focused company takes control.

Summarised by Beize from a story on TechCrunch on 27 Apr 2026
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