Mergers and Acquisitions (M&A)

M&A, divestitures and JVs can fuel growth. A clear strategy, sourcing the right deal, sound diligence and smooth integration are crucial.

Our latest M&A thinking

How selective investing shaped India’s M&A deals in 2025

India’s M&A in 2025 favored fewer, larger deals as value rose 18%. Infrastructure-led and cross-border deals surged; PE remained disciplined amid uncertainty.

Amit Khandelwal

Nine years of IBC: Transforming India’s insolvency landscape

IBC’s nine-year journey shows stronger credit discipline, faster revival, and improved NPAs, while delays and the 2025 Amendment Bill aim to modernize insolvency reforms.

Pulkit Gupta

Why India’s deal market in Q3 2025 signals long-term M&A resilience

India’s M&A market rebounds in Q3 FY25 with deals worth US$28B, up 19% QoQ. Automotive, lifesciences, and tech sectors lead as mid-sized transactions gain momentum.

Amit Khandelwal

EPR compliance: The new ESG test for Indian companies

EPR compliance is reshaping ESG in India non-compliance risks fines and lower valuations, while sustainability leaders gain a competitive edge.

EY India

Reimagining proxy advisory in India: An investor relations playbook

Explore India’s proxy advisory ecosystem, domestic & global players, and strategies for IR teams to align governance with investor expectations.

Diwakar Pingle

RBI gold loan guidelines 2025: Impact assessment and key changes

Read our full report on the significant changes in RBI's Gold Loan Guidelines for 2025 and their potential impact on the financial landscape in India.

Kuldeep Tikkha

Navigating the M&A landscape of India: Insights of H1 2025

India's H1 2025 Merger & Acquisitions activity reaches US$50B, led by major transactions, strong power sector growth & steady domestic and PE engagement.

EY India

Understanding SEBI’s updated rights issue regulations

Learn how SEBI’s new rights issue framework simplifies fundraising, empowers investors, and enhances market efficiency in India’s capital markets.

7m 54s

How new Rights Issue framework simplify processes and empower investors

SEBI streamlines rights issues with a 23-day timeline, automated allotments, and lower costs—boosting efficiency and investor participation. Learn more.

EY India

Connecting the dots: M&A deals in the technology services in 2024

Discover key trends in 2024 M&A for technology services, with 850+ deals, $30B+ value, PE-backed roll-ups, and insights on cloud, AI, and digital transformation. Learn more.

Shivani Nagpaul

Rethinking secondary transaction discounts in Indian start-ups

Secondary transactions in Indian startups rarely come at a discount, with most priced in line with primary rounds.

Navin Vohra

How India Inc. can navigate the road to financial resilience

Explore key findings from the 2024 Cost of Capital Survey, revealing insights into India Inc.'s financial resilience and strategic growth.

Navin Vohra

Driving Competitive Differentiation: M&A Outlook for 2023 in Tech Services

Discover how Tech Services M&A activity has slowed in 2023 but long-term sustainable tailwinds and underlying digital transformation theme remains structurally strong.

Shivani Nagpaul

EY-Parthenon deals and transactions

Explore our select transactions and strategic partnership

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Explore our Offerings

Connected Capital Technologies: M&A Technology Solutions

Discover EY M&A technology solutions that drive real-world results across strategy, transactions and transformation.

Cybersecurity Due Diligence in M&A and Divestitures

EY enables deal success by identifying cyber vulnerabilities, quantifying risk & helping cybersecurity remediation during M&A, private equity transactions.

Joint ventures and alliances

Discover how EY teams can bring a lifecycle approach to joint ventures and alliances. Contact our team to help your business adapt to change.

M&A Advisory Services

EY India M&A Advisory Services drive strategic growth through integrated acquisitions, alliances & joint ventures by deep industry insights.

M&A due diligence consulting

EY M&A Due Diligence consulting help businesses assess value drivers, optimize deal structures & mitigate risks to drive opportunities in M&A deals.

M&A Integration Consulting 

EY M&A Integration Consulting teams can help you integrate assets while preserving value, accelerating synergy realization and minimizing risk.

Strategy consulting

Our Strategy Consulting teams help CEOs achieve maximum value for stakeholders by designing strategies that improve profitability and long-term value.

Supply chain in M&A integration and divestments

Whether it’s an M&A integration or a divestment and separation, a transaction provides a unique opportunity to transform your supply chain. Learn more.

Tech services: Deal insights series 2025

Read the latest quarterly analysis of M&A activity in the technology services sector, including deal trends, investment drivers, and emerging market insights.

Frequently Asked Questions (FAQ's)

Meet our Mergers and Acquisitions consulting team

Amit Khandelwal

Managing Partner, Strategy and Transactions, EY India and Africa region
Leader of Strategy and Transactions in India. Focused on diligence. Go-getter. Numbers enthusiast.
New Delhi, India

Angshuman Bhattacharya

Partner and National Leader, Consumer Product and Retail, EY-Parthenon, India
Focused on operations improvement and Growth Strategy formulations in consumer centric businesses. Advises clients on cash flow orientation and turnaround implementation strategies.
Mumbai, India

Dr. Avantika Tomar

Partner, Education, EY-Parthenon India
Guest Faculty at prestigious B-Schools, such as IIM Calcutta, BITSoM, MDI Gurgaon, and IIM Trichy. Theater Actor-Director, sports enthusiast, and a traveler.
Bengaluru, India

Abhijit Bhasak

Associate Partner, Pharmaceuticals and Healthcare, EY-Parthenon India
Passionate about all aspects of pharma, right from discovery to patent expiry and beyond.
Mumbai, India

Santosh Tiwari

Partner, EY-Parthenon India
An avid content consumer across topics; love to find patterns in challenges across industries. Coach and mentor people to building formidable teams.
Mumbai, India

Parag Gandhi

Partner, Transactions Strategy and Execution Leader, EY-Parthenon India
Focussed on Integrations, Carveouts and Operations Due Diligence. Seasoned global M&A professional. Worked in 9 countries across 4 continents. Problem-solver. Trusted execution partner.
Mumbai, India

Ajay Arora

Head of Investment Banking Advisory, EY India
National Leader and head of Investment Banking Advisory. Ajay has over 25 years of Investment Banking experience in Mergers and Acquisitions and Private Equity.
Mumbai, India

Kuljit Singh

Partner, Investment Banking and Leader – Infrastructure, EY India
Investment Banking professional and Infrastructure expert
New Delhi, India

Sushi Shyamal

Partner, Investment Banking Advisory (Infrastructure), EY India
Passionate infrastructure and real estate sector professional, with a keen interest in deal making and investment banking; Sports enthusiast; A movie buff; Likes traveling with friends and family
Mumbai, India

Srishti Ahuja

Partner, Infrastructure, Strategy and Transactions, EY India
Passionate investment banker in infrastructure; Real assets expert
New Delhi, India

Vikas Sharma

Partner, Investment Banking and Infrastructure, EY India
Passionate Investment Banking professional, with a keen interest in technology; Loves reading and driving
New Delhi, India

Jitesh Khatrani

Partner, Investment Banking and Infrastructure, EY India
Passionate infrastructure sector Investment Banking professional; Loves playing poker and watching sports and movies
Mumbai, India
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