India recorded 131 deals worth USD 41 billion in August 2022. The number is down 40 per cent in comparison to August last year.

According to the report, while the volume of the deals has decreased, the value of these deals have come down by 52 per cent also. The later part is attributed to the non-disclosure of values in most M&A deals.

During August, there were 21 M&A deals valued at USD 1.5 billion but the deal volumes saw a significant downtrend. Meanwhile, Private equity (PE) investments recorded USD 2.5 billion across 110 deals.

Interestingly, the report said YTD 2022 recorded 19 initial public offerings (IPO) with an issue size of USD 6.2 billion (second highest YTD values), compared to 38 IPO issues, raising.

The Grant Thornton Bharat Dealtracker Report for August revealed that startup, e-commerce and IT sectors were the prime deal winners for the month. These areas had led deal activity in the first half of 2022, driving 76 per cent of all deals followed by retail, education and pharma sectors.

The report found that Energy and banking sectors dominated the overall value, recording a one-billion-dollar plus deal each in August.

In the first half of 2022, India made 1149 deals worth USD 104.3 billion, a significant 34 per cent increase in the overall deal volumes, while values more than doubled – recording a 143 per cent increase in the deal values. PE deal activity had dominated total deal volumes with 3/4th share, deal values were driven by M&As with 76 per cent of the total deal values in H1 2022.

https://www.businessworld.in/article/India-Recorded-131-Deals-Valued-At-4-1-Billion-In-Aug-Report/16-09-2022-446804/