The funding winter, still high interest rates and sustained geo-political tensions due to wars impacted mergers and raising of fresh capital across the globe. In India, the 2023 data showed that companies are moving towards smaller deals. Healthcare, BFSI and green energy are likely to emerge as winners in 2024
The year 2023 might end on a sombre note for mergers & acquisitions (M&A) activity for India, with deal value being lower than levels achieved in 2022. But experts are confident that there will be a bounce back in 2024.
Bloomberg data shows that deal value for India fell 63 percent to $70.9 billion in comparison to $192 billion struck in 2022. A more worrisome trend is being witnessed in global M&A, with annual value down to $2.7 trillion—possibly the worst performance since 2013—based on data that Bloomberg has reported.