New Delhi, India Inc saw 142 deals worth $6.1 billion in the month of January, marking a 15 per cent increase in volumes and a 21 per cent increase in values compared to December 2023, a new report showed on Thursday.
The uptick in the deal activity was witnessed in private equity (PE) and presence of 2 billion-dollar investments worth $3.6 billion.
“While technology sectors, spearheaded by startups and e-commerce, continue to drive PE momentum, the emergence of Krutrim SI Designs (co-founded by Ola’s
“The prevailing positive sentiment suggests a buoyant outlook for deal making in 2024, signalling optimism and strategic evolution in the investment landscape,” Vijetha added.
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The PE space witnessed 101 deals at $4.7 billion, indicating a 17 per cent increase in volumes and a 298 per cent rise in values compared to 2023, the report said.
Start-ups dominated deal volumes, reaching a high of 69 deals worth $253 million, driven by segments such as retail, fintech, enterprise applications, and health tech, the report noted.
Source: Business Insider
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