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Top startup acquisitions · India

Top startup acquisitions in India in May 2026

We tracked 5 startup exits in May 2026. 2 disclosed a price, worth $38.2m in total. The biggest was Emami buying IncNut Digital for $33.8m, ahead of Oxyzo and GoldenPi at $4.4m.

All India startup acquisitions →
  1. #DateAcquirer → StartupSectorLocationPriceSize
  2. 17 MayEmami → IncNut DigitalEmami agrees to buy 60% of Vedix and SkinKraft parent IncNut Digital for Rs 321 croreCommerce & marketingHyderabad, India$33.8m< $50m
  3. 219 MayOxyzo → GoldenPiOxyzo to buy Zerodha-backed bond platform GoldenPi in ₹42.4 crore share swapFintechIndia$4.4m< $50m
  4. 325 MayZiptrrip → HelloTravelZiptrrip buys travel marketplace HelloTravel in first acquisition, moving into MICE and leisureTravel & hospitalityNoida, IndiaUndisclosedUndisclosed
  5. 414 MayNumero → RoyuNumero acquires Chennai AI accounting startup Royu in cash-and-stock dealAIChennai, IndiaUndisclosedUndisclosed
  6. 56 MayFreo → IndiaLendsFreo acquires loan marketplace IndiaLends in Indian fintech consolidation dealFintechIndiaUndisclosedUndisclosed