Trend is non-tech companies were buying stake in tech startups recently

Grant Thornton has come out with the deal tracker for February month and it has seen a good amount of traction in terms of volumes.

Prashant Mehra, Partner, Grant Thornton Bharat, quoted, “Majority of the deals have actually witnessed within the usual sector. But many non-tech companies have bought tech firms in the startup space which can help advance digital transformation and provide and boost the customer experience as well.”

This interview appeared on CNBV TV18 on 16 March 2021.