The boards of HDFC, Max Financial Services and Max Life Insurance approved a merger that will create the largest private-sector life insurer in India. This and Tata Chemicals' sale of its urea unit to Norway’s Yara International for $400 million were the two big M&A deals closed during the week. The week also saw nine startups get angel and seed funding, but there were few private equity and venture capital deals.

Like this report? Sign up for our daily newsletter to get our top reports.

Leave Your Comment(s)