Archive · 28 Jul 2025
India's Investment Activity Slows in Q2 2025: PwC Report
Imagine businesses in India were making a lot of deals, like buying and selling other companies or getting money from investors.
But in the second part of 2025, things slowed down a bit.
Fewer deals happened overall, and the money involved went down too.
Mergers and acquisitions, where companies join together, dropped sharply.
Also, investments from private groups went down.
While some sectors, like stores and consumer goods, still had a lot of deals, other areas saw fewer big transactions.
Overall deal activity in India decreased by 20% in volume and 22% in value in Q2 2025.
Mergers and acquisitions (M&A) saw a 27% decline in the number of transactions in Q2 2025.
Private equity (PE) investments decreased by 13% in volume during Q2 2025.
The value of PE deals fell by 26% in Q2 2025 compared to the previous quarter.
The retail and consumer segment led in deal volume, while financial services had the highest deal value.
- Who
- Investors and businesses
- What
- A decline in deal investment activity in India during the second quarter of calendar year 2025.
- When
- Q2 2025
- Where
- India
- Why
- The report indicates a slowdown in deal activity, with private equity facing tighter investment decisions.
Deal Volume Trends
Sectoral Value Trends
Volume
Deal Volume Trends
Decline in overall deal volume.
Sectoral Value Trends
Retail and consumer segment continued to lead in deal volume.
- Overall deal volume decline (Q2 2025)
- 20%
- Overall deal value decline (Q2 2025)
- 22%
- M&A transaction decline (Q2 2025)
- 27%
- PE investment volume decline (Q2 2025)
- 13%
- PE investment value decline (Q2 2025)
- 26%
- Retail and consumer deals (volume)
- 116
- Financial services deal value
- USD 4.1 billion
Sources
Indias retail focus returns to malls as high street leasing falls 26% in Q2 2025
'₹25 lakh salary can’t buy a 2BHK': Real estate advisor asks if India is just building inequality
Cheap Flats Losing Charm? Demand For Premium Homes Skyrockets In Delhi-NCR, Bengaluru