The Indian technology sector has been witnessing robust growth rates on the back of digital disruption and massive market opportunities for tech players. Our report highlights, while there was record level deal activity in the tech sector during 2021, there were overall moderated macro trends in deal activity from Q3 2022 on the back of global uncertainties, moderation in PE and VC funding and pressure on earnings and valuations. As tech deal activity appears to be cooling off, there continues to be available dry power for high-quality digital and tech assets.
Grant Thornton Bharat technology dealtracker highlights deal activity recorded across the technology sector during January-September 2022.
