Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Cloudflare has moved further into the developer infrastructure race with its acquisition of VoidZero, the open source-first company behind Vite, Vitest, Rolldown, and Oxc.</li><li>The deal brings Vite creator Evan You and VoidZero’s core team into Cloudflare’s Emerging Technology and Incubation organization, while Cloudflare has committed $1 million to an independent Vite ecosystem fund to support open source maintainers.</li><li>The timing is notable because Cloudflare is already reshaping itself around agentic AI, following a strong Q1 2026 in which revenue rose 34% year-over-year to $639.8 million, large-customer momentum accelerated, and the Workers developer platform added one million developers in a single quarter.</li></ul>

Cloudflare has moved further into the developer infrastructure race with its acquisition of VoidZero, the open source-first company behind Vite, Vitest, Rolldown, and Oxc.The deal brings Vite creator Evan You and VoidZero’s core team into Cloudflare’s Emerging Technology and Incubation organization, while Cloudflare has committed $1 million to an independent Vite ecosystem fund to support open source maintainers.The timing is notable because Cloudflare is already reshaping itself around agentic AI, following a strong Q1 2026 in which revenue rose 34% year-over-year to $639.8 million, large-customer momentum accelerated, and the Workers developer platform added one million developers in a single quarter.

Cloudflare Takeover Of VoidZero Signals A Bigger Developer Platform War!