Inside India's Tech Power Moves: The Deals That Matter Most

lot one this morning india's ultra wealthy family offices are waving their paddles for anthropics' planned $100,000,000,000 initial public offering and the house just told them their money isn't listed on the book in our last episode we tracked local startup capital fighting for domestic artificial intelligence plays but today the real money wants foundational compute and indian high net worth investors are running into a locked gate the international allocation tranche includes canada japan and the united kingdom but india was left completely off the sheet before we break down that ai scramble let's sweep the floor on the rest of the morning action private equity titan kkr singtel and tata communications have officially put stt global data centers india on the block hunting for an exit valuation north of $5,500,000,000 over in consumer hardware zomato founder nipinder goyal opened preorders for temple a forehead mounted wearable that tracks physiological blood flow in fintech the competition commission of india cleared dutch investor prosus to take its strategic stake in sachin bunzl's navi an ad tech player afl3i signed a

definitive cash merger to buy nasdaq listed perion network for $420,000,000 lots are moving fast now let's step back up to the rostrum on the two stories that actually tell you where indian tech leverage sits right now first that anthropic listing the target valuation being floated is up to $1,500,000,000,000 why are indian billionaires desperate to get an allocation through private wealth channels because at home there's practically no pure play foundational model to buy aside from sarvam ai crossing a $1,000,000,000 valuation local efforts like sokit ai and bharat gen are still early and infrastructure players like fractal analytics aren't training frontier models as prakash balusu at iifl capital pointed out traditional family offices see this as a once in a decade portfolio hedge but without a direct retail or institutional door into the offering indian capital is stuck watching foreign syndicates take the print a price is just the last person who wanted it more and right now indian buyers aren't even permitted in the bidding ring then you look at the ground war in quickcommerce where

the numbers just settled for september datum intelligence logs the order volume shares and here's how the ring stands blinket holds 40.2 zepto sits at 23.3% swiggy instamart took 13.6% flipkart minutes clocked 11% followed by amazon now at 7.4% and big basket at 4.6% now look at what flipkart is doing to climb that ladder flipkart minutes senior vice president kumal gupta confirmed they're aggressively expanding direct tie ups with farmer producer organizations in quick commerce shelf stable groceries are easy to inventory but fresh produce carries brutal spoilage flipkart is betting that building direct farm sourcing and automated demand forecasting can protect unit economics where rivals burn cash hammer's down now let me tell you what that actually was indian tech isn't suffering from a lack of capital it's seeing a split screen at the top end sovereign wealth and family offices are hungry for global compute they cannot source locally down on the asphalt homegrown giants are fighting street by street for 50 basis points of grocery margin the bidders are ready the real question is whether

the right lots will ever hit the domestic block