Markets
Deals

Q1 CY23 sees more mid-market and traditional sector M&As as overall deal activity drops.

Q1 CY23 sees more mid-market and traditional sector M&As as overall deal activity drops.
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Synopsis

The largest deals struck have been in some of the traditional sectors and companies, not tech-first or purely software led-corporates. In fact, the top domestic deals tracked by Venture Intelligence this quarter highlighted investments by large, traditional companies, with most of the deals in IT, ITES, manufacturing, healthcare, life sciences, BFSI, energy, and agri-business sectors.

By
8 mins read,
With looming recessionary concerns, layoffs and drop in sky-high startup valuations, the last three months in the world of deal-making has seen the focus shift towards mid-market and traditional company mergers and acquisitions (M&As) instead of large, splashy deals. From the overall numbers, a sneak peek into the M&A activity in the first three months of the year reveals significantly lower volumes and value compared to the previous

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