The disclosed M&A deal value in H1 2026 reached $1.3B, with a median deal size of $6M. Financial terms were disclosed in approximately 26% of transactions, highlighting selective transparency in deal reporting. The largest disclosed deals included Blackstone’s $1B acquisition of Neysa Networks and Sirion Labs’ acquisition by Haveli Investments. 


 

India’s tech VC funding has remained volatile since peaking at $22.5B in 2021. In H1 2026, funding stood at $3.4B, far below peak levels and sharply down from $11.5B in 2025. The median VC deal size of $4M is smaller than the median disclosed M&A transaction size, reinforcing M&A as the preferred pathway for growth and liquidity in a market where access to large‑scale VC remains highly selective. 

India’s Tech M&A landscape sustained strong momentum into H1 2026, with 76 deals announced. Strategic buyers continued to dominate, reflecting ongoing demand for digital transformation, AI integration, and industry consolidation. Private equity represented the buyer in 7% of these deals, showing investor appetite for scalable, tech‑enabled opportunities. Following an impressive 2025 which saw 197 deals — the highest in a decade — robust transaction activity in H1 2026 underscores the resilience and depth of India’s Tech M&A ecosystem.