Indian tech sector saw deals worth $635 mn in Sep quarter: Grant Thorton

Indian tech sector witnessed deals worth USD 635 million in the July-September period of 2024, registering a 31 per cent increase in value year-on-year, according to a report released on Friday.

Consultancy firm Grant Thornton Bharat’s Q3 Dealtracker report for the tech sector said the quarter witnessed the highest deal volumes since Q2 2023 but the lowest for the year 2024, reflecting more strategic investments rather than large-scale acquisitions.