A total of 149 private equity (PE) and merger and acquisitions (M&As) transactions in India happened in November 2020 — highest in terms of volume since November 2015. The month recorded three deals at over $1 billion each, while 11 deals are estimated at and above $100 million each. M&As witnessed a whopping 81% increase in the deal values despite a 14% decline in the volumes compared with the same period last year. November 2020 valued recorded a single fundraise through qualified institutional placement (QIP) at $34 million, compared with three in November 2019 valued at $1.6 billion. Initial public offering (IPO) saw two issues valued at $985 million, compared with only one, at $58 million, last year.

(Financial Express)