Mitul Shah & Associates

India’s consumer sector sees funding dip but deal activity surges in FY26

Indian consumer sector investment declined in FY26. Investors are now favoring smaller, diversified deals over large bets. Deal volume, however, increased significantly. This indicates a market shift towards sustainable growth and operational discipline. Mega deals are absent, but early-stage funding shows resilience. Companies focus on filling gaps rather than just scaling up.

IPOs could raise up to $25 billion in 2026, too, despite D-St caution

India’s primary market anticipates a strong showing in 2026 with several large IPOs. Companies like Jio Platforms, National Stock Exchange, Zepto, PhonePe, Manipal Hospitals, and SBI Funds Management are set to launch. These issuances could collectively raise around ₹1 lakh crore. While deal numbers may decrease, the overall value is expected to remain robust.