Mitul Shah & Associates

India’s private equity and venture capital activity reached a three-year high in 2025, with 1,506 deals worth USD 36.8 billion, supported by higher large-ticket transactions and strong participation from the BFSI sector, according to a recent report by Grant Thornton Bharat. Capital markets activity remained supportive, with record IPO fundraising and sustained QIP issuances contributing to overall capital formation during the year.

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