Articles

As of 7 October 2026, Charantra notes that India's public equity markets raised a record Rs 2.43 lakh crore in April-September 2026, up 75% year on year. Fresh capital was Rs 1.14 lakh crore (47%). Offer for sale was Rs 1.29 lakh crore (53%). Charantra's question for promoters is what the capital should achieve.

As of 5 October 2026, Charantra notes that Indian startups raised $2.2 billion or more in Q3 2026, up 5% year on year, in 210 deals, down 13%. AI, deeptech, cleantech, and growth-stage companies drew capital, while fintech and ecommerce were more measured. Startup M&A rose 69% year on year. Charantra's question is where investor conviction moves next.

As of 28 September 2026, Charantra notes that EQT plans to invest around $50 billion in India by 2030: about $30 billion for data centres, $5 billion for solar and renewables, and $15-20 billion for private equity. AI needs computing power, data centres, and energy. Charantra's reading is that the next phase needs businesses ready for institutional capital.

As of 21 September 2026, Charantra notes that 19 IPOs are set to enter India's primary market, targeting about Rs 4,169 crore, with major listings including NSE also in view. An IPO can bring a wider investor base, visibility, shareholder liquidity, and growth capital. For founders, the question is whether the business is ready for the public market.

As of 21 September 2026, Charantra's Sector Commentary says India's space economy is entering a new phase. The note asks what it will take to turn the USD 44 billion ambition into sustainable commercial growth by 2033, across the space-tech ecosystem, capital, policy, and startups.

As of 16 September 2026, Charantra notes that the ITC Infotech and Happiest Minds combination pairs enterprise, SAP, PLM, and cloud with AI, digital engineering, data, and cybersecurity. Charantra's reading is that buyers acquire capabilities, not only companies: technology, talent, customers, and expertise that support the next phase of growth.

As of 14 September 2026, Charantra notes that Unacademy was valued at $3.4 billion in 2021 and its reported 2026 acquisition value was $200 million or more. Valuation tells you what the market may pay. Strategic value tells you why a buyer may care.

As of 11 September 2026, Charantra's note is that Zerodha received SEBI approval to enter merchant banking, focused on IPOs and equity capital markets. Charantra's point of view is banker plus technology: AI for speed, systems for efficiency, and experienced dealmakers for judgement, relationships, and execution.

Charantra articles are research and analysis for Indian SMB founders and partners in the $1-25Mn band. They cover fundability, fresh capital versus offer for sale, Q3 2026 startup funding, succession, city markets, institutional capital, IPO readiness, valuation versus strategic fit, capability-led deals, the India-Japan corridor, India's space economy on the road to 2033, and why capital raises stall before outreach. Each card opens the note on this site. The LinkedIn post is linked from that note. Session recaps live on the events index. Recorded conversations live on the podcasts index.

Articles carry the argument and the checklist. Events are write-ups of rooms Charantra ran, such as Deal Table and strategy sessions. Podcasts are recorded conversations, including Raghu Babu Gunturu on India versus US investor filters and the SpaceTech Decoded webinar. Article and event cards open the note on this site. Podcasts keep one on-site episode template.

Open the note, then the LinkedIn post linked from that page. If the file is a raise, start at charantra.ai/capital-raise. If it is a sale or succession, start at charantra.ai/m-and-a. If you only have a deck, run a Fundability Score at charantra.ai/score before outreach.

Charantra Research's Corridor Brief, as of 7 September 2026, reads India and Japan as a two-way capital corridor. Japan has a ¥10 trillion private investment target for India across 2026-2035. India's outbound M&A reached $13.7 billion in 2025, and Japan's succession landscape is opening cross-border buyers.