India M&A and PE deal value halves to $10.2B in May after April's $21.8B spike
Grant Thornton Bharat tracked 190 deals worth $10.2B in May, down from 212 deals at $21.8B in April. Retail and consumer led volumes alongside BFSI. PE stayed resilient with fewer but larger bets, including Rapido's $240M round and Skyroot's $60M raise.
India M&A and PE deals fell to $10.2 billion across 190 transactions in May from April's $21.8 billion. Retail and consumer led deal volumes alongside BFSI. Rapido raised $240 million; PE remained resilient with larger but fewer bets.