Multiple acquisitions and capital plans highlight India’s expanding startup landscape

Zupee, PB Health, and TCC Concept executed key acquisitions as Swiggy prepared a ₹10,000 crore raise and Karnataka launched a deep-tech support fund.

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Multiple acquisitions and capital plans highlight India’s expanding startup landscape

Multiple acquisitions and capital plans highlight India’s expanding startup landscape
India’s startup ecosystem witnessed extensive strategic activity this week, including acquisitions and large-scale capital expansion initiatives. Zupee acquired AI startup Nucanon, strengthening its product diversification strategy, while PB Health completed the acquisition of healthtech firm Fitterfly to broaden digital wellness offerings. TCC Concept advanced its retail ambitions by securing a 98.98 percent stake in Pepperfry. Swiggy’s board approved plans to raise ₹10,000 crore to support growth initiatives, and the Karnataka government announced a ₹600 crore deep tech fund to encourage innovation. 
Analysts noted that consolidation and capital formation indicate renewed ecosystem confidence.