In the fiscal year ended March 31, the number of mergers and acquisitions involving technology startups more than doubled to 146 transactions from 69 in 2014-15, according to (deals) data tracker Venture Intelligence.
Other Trends:
1. On demand hyperlocal services, fin-tech ventures (e.g. wallet companies), and OTAs are touted as prime targets. (Want a list? mail us)
2. More consolidation this year – Aashish Bhinde, Avendus Capital.
3. Flipkart & Snapdeal to continue their pace of acquisitions in FY2017.
4. Common investors tend to catalyze the situation (acquisition/merger) – Sameer Sood, Credit Suisse
5. Acquisitions will be more via stock in order to reduce cash outgo – Navroz Mahudawala, Candle Partners
Venture Intelligence is India’s longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.
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