Deals up, values down in Q2: Grant Thornton Bharat report

The number of investment deals have gone up in the second quarter of the calendar year 2024, while the value of the deals declined. The number of deals in the quarter stood at 75 as against 69 deals in the first quarter, showing a growth of 9 per cent.

The aggregate value of the deals in the second quarter, however, fell to $483 million ($678 million), registering a decline of 29 per cent.

“There are early shoots of revival in deal activity across the globe. However, the investors are continuing to exercise caution and are favouring profitable start-ups with strong cash management over the ones opting for aggressive growth strategies,” Raja lahiri, Partner and Technology Industry Leader at Grant Thornton Bharat, has said.