With 455 deals amounting to USD 25.6 billion disclosed deal value, the first quarter of 2024 showcases a 24% rise in deal volume as compared to Q4 CY23 – marking a notable resurgence. This signals a shift from the declining trend observed throughout 2023, as per PwC India’s report ‘Deals at a glance’. The report…
India’s Entertainment & Media industry is projected to reach INR 6,828,944 crore (US$73.6 billion) by 2027, growing at a compound annual growth rate (CAGR) of 9.48%. These findings are part of PwC’s Global Entertainment & Media Outlook 2023-2027, which analyzes and forecasts consumer and advertiser spending across 53 territories and 13 sectors. According to Manpreet…
Chennai-headquartered global technology company, Zoho announced a strategic partnership with PwC India. This alliance brings together Zoho’s product portfolio of over 55 products with PwC’s proven expertise in driving digital transformation strategy through advisory and consulting services. Through this partnership, PwC India and Zoho will help medium to large enterprises in the country, accelerate their…
Funding for Indian startups in CY22 was nearly USD 24 billion, a drop of 33% in comparison to CY21 but was still more than twice the funds raised in CY20 and CY19 each. As per the PwC India report titled, “Startup Deals Tracker – CY22”, early stage funding grew by 12% as compared to CY21, showing that despite the global slowdown, investors…
The global slowdown in funding continues with start-up funding in India in Q3 CY22 hitting a two-year low at USD 2.7 billion across 205 deals, as per the PwC India report titled, “Startup Deals Tracker – Q3 CY22.” While a decline in funding is noted across all stages of investment – early, growth and late – the decline has…
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