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Wild Kira
/Internet_ย โขย 1y
Following an 'extended' funding winter, the year 2024 has proven to be no less than a rollercoaster ride for Indian startup so far Notably, the first half (H1) of the year saw a decline in mergers and acquisitions (M&As) due to various macro and micro factors. However, favourable trends, ongoing regulatory reforms and a rise in entrepreneurial activity across sectors like technology and infrastructure fuelled the momentum of acquisitions in the second half (H2) of the year. As per an report, the first half of the year saw a 45% year-on-year (YoY) decline in M&A deals to 37 from 67 such deals in H1 2023. Sequentially, M&As slipped 34% from 56 M&A deals in H2 2023. While the first half of the year still faced the ripple effects of the funding winter, the second half hogged the limelight for some notable acquisitions, turning over a new leaf for the Indian startup ecosystem.
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