Business & Markets: India — Today

• Waaree Energies announced merger with Indosolar in a ₹9,500 crore ($99M) deal, consolidating solar module manufacturing under one entity. The swap ratio: 1 Waaree share for every 11 Indosolar shares held.

• Ema, the enterprise AI startup founded by former Google executive Surojit Chatterjee, raised $77M in Series B led by Creaegis. The funding quadruples valuation and fuels APAC/EMEA expansion for its workflow automation platform.

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