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India records 688 deals worth $39.9 billion in July-September

The Statesman Delhi

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October 11, 2025

India recorded 688 deals worth $399 bn in the third quarter this year (Q3 2025), marking a strong uptick in overall deal activity, a report said on Friday.

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Deal volumes reached their highest level since Q1 2022, while quarterly values hit a year-to-date peak, driven by a sharp increase in merger and acquisition (M&A) and record capital market issuances.

Meanwhile, deal values rose by 30 per cent yo-y, while volumes increased by 8 per cent. Mergers and acquisitions (M&A) and private equity (PE) together accounted for 629 deals valued at $28.7bn, reflecting

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