Indian IT firms pay premium valuations for AI acquisitions in FY26

Indian information technology services companies paid premium valuations for acquisitions focused on artificial intelligence and engineering capabilities in FY26, as firms increased spending on specialised talent, intellectual property and platforms.

Indian IT firms invested about $5.5 billion across 19 acquisitions during the year, according to an analysis by UnearthInsight. Most transactions were aimed at building capabilities rather than increasing scale through revenue or headcount additions.

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