Saturday, February 24, 2024
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There were 13 large deals of more than $100 million each, aggregating to $4.5 billion in August

The first half (H1) of 2022 saw $35.9 billion in investments, while the second half saw values declining to $20.6 billion

The dedicated funds had invested $6.2 billion in May 2022 and $7.4 billion in the preceding month of April 2023, representing a dip of 44 per cent and 52 per cent, respectively, as per the report by industry lobby IVCA and consultancy firm EY

For the January-March quarter, the deal activity declined by 21 per cent by the value of investments to $13.3 billion as compared to the year-ago period

The new appointment is routine for listed companies and is in accordance with the Companies Act

The funding will be utilised for serving a new customer pipeline, expanding its global presence and accelerating hiring to augment its product engineering, sales and delivery teams