Acquisitions & Mergers
In H1 2024, startup M&As Drop 45% YoY to 37 Deals
By Kajal Agarwal - 24 Jul 2024 05:47 PM
SUMMARY: Compared to 67 M&A deals in H1 2023, the Indian startup industry saw just 37 deals in the first half of this year. The fewest M&A transactions over a six-month period occurred in H1 2024 compared to H1 2020, when there were 35 agreements.
In terms of M&A activity, listed gaming giant Nazara Technologies led the startup scene.About 37 M&A deals were made in the startup ecosystem in the first half of 2024, according to the 'Indian Tech Startup Funding Report H1 2024'. This represented a 34% drop from 56 M&A deals in H2 2023 and a 45% dip from 67 such deals in H1 2023.
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