According to data compiled by Grant Thornton, India saw financial and strategic deals worth $3.4 billion (113 deals) against $2.5 billion (81 deals) in Febraury 2014. Total M&A deal value increased 85% y-o-y and stood at $4.9 billion.
During the same period, PE deals rose 30% and stood at $1.9 billion. IT & ITeS continued to drive both M&A and PE activity, with e-commerce playing a key role within the sector. Pharma saw the fourth-biggest inbound M&A ever, with the acquisition of select Famy Care businesses by Mylan.
