Top mergers and acquisitions in India in January 2026
Every verified merger and acquisition involving India in this period, ranked by disclosed value. Updated every morning.
We tracked 7 deals involving India in January 2026, 5 of them with a disclosed value, worth $518m in total. The largest was Inspira Global's $215m deal for Restaurant Brands Asia Ltd, ahead of Waaree Renewable Technologies Ltd and Associated Power Structures at $134m.
Top mergers and acquisitions in India in January 2026
- 120 JanInspira Global → Restaurant Brands Asia LtdInspira Global takes control of Burger King India operatorConsumer / Quick-service restaurantsCompleted$215m
- 226 JanWaaree Renewable Technologies Ltd → Associated Power StructuresWaaree Renewable buys 55% of Associated Power Structures for ₹1,225 croreIndustrials / Power transmission EPCCompleted$134m
- 35 JanUniversal Music Group → Excel EntertainmentUniversal Music takes 30% of Bollywood studio ExcelMedia / Film and musicCompleted$80m
- 414 JanState Street Corporation → Groww Asset Management (23%)State Street buys into Groww's mutual fund arm for ₹580 croreFinancials / Asset managementCompleted$64m
- 515 JanThe Indian Hotels Company Ltd (IHCL) → Brij Hospitality Pvt LtdIndian Hotels takes 51% of boutique chain Brij for up to ₹225 croreConsumer / HotelsCompleted$25m
- 65 JanApax Funds → iD Fresh Food (significant minority stake)Apax buys into India's iD Fresh FoodConsumer / Packaged foodAgreedUndisclosed
- 79 JanWarburg Pincus (Coastal Cedar Investment B.V.) → Fleur Hotels (41.09% stake)Warburg Pincus buys APG's 41% of Lemon Tree's hotel armReal estate / HotelsCompletedUndisclosed