Tapping into the burgeoning BFSI market
-
FinTech Consulting Services
Leveraging our FinTech Consulting experience, we employ our proven approach in process reviews, tech risk management, and third-party audits for Indian financial services clients.
The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...

Contents
Deal activity in 2021 was disrupted by the second wave of COVID-19 in India. A fillip came in the form of vaccinations and their associated benefits. The main sectors that benefitted from the gradual recovery of the Indian economy were the IT & ITeS and banking and financial services sectors, which saw healthy deal activity. Shanthi Vijetha, Partner, Grant Thornton Bharat said, “The effect of the second wave was felt on deals across sectors. Performance picked up during the year, with the year recording over 2,100 deals valued at USD 91.1 billion.”
Key highlights:
- 2021 witnessed 10 deals recorded at over USD 1 billion each.
- IPOs saw a 2.7x growth over the 2020 issue size, with 65 companies raising USD 17.7 billion.
- 2021 saw 14 deals valued at over a billion dollars each, 15 deals valued between USD 500 million and USD 999 million and 135 deals valued between USD 100 million and USD 499 million.
- M&A volumes breached 2019 levels, growing 13% more.
Annual Dealtracker – 2022
The publication captures M&A and PE deal insights for 2021