India deal frenzy surges as billions change hands
Transaction activity across the country surged during the third quarter of 2025, as buyers and sellers closed 999 agreements valued at $44.3 billion, according to a report released on Monday by PwC India. The figures represent a 13 percent rise in transaction count and a 64 percent jump in total value when compared with the preceding three months. The advisory firm’s latest quarterly assessment highlights that this period delivered the best performance seen over the past six quarters, signaling stronger economic confidence among investors.
Mergers and acquisitions dominated the landscape with 518 transactions totaling $28.4 billion, reflecting an 80 percent value increase and 26 percent volume gain from the prior quarter. Private equity transactions remained active with 481 agreements worth $15.9 billion, up 41 percent in disclosed value. Mohit Chopra, a partner at the consulting firm, attributed the momentum to domestic consolidation efforts, healthier corporate balance sheets and stable economic conditions.
The stock market debut activity reached its highest point of the year, with 159 companies listing shares between July and September. That total comprised 50 mainboard offerings and 109 small and midsize enterprise listings, more than double the 62 debuts recorded during the previous quarter.
