India Economy gave number of positive signs as GDP grew at 8.4% in Q2 FY22, finally crossing the pre-pandemic levels and raising hopes that India will have a double digit GDP this year. However, inflation concerns remain. Markets were in red in November due to global volatility. 10 IPOs hit the market in November with Nykaa being a blockbuster IPO while India’s largest IPO, PayTM, tanking.
Key Mergers & Acquisition Deals include HCG buying additional stake in Suchirayu Health Care and Private Equity deal of Mensa Brands raising $135 Mn, becoming India’s fastest unicorn.