Indian Economy performed above market expectations in Q3 at GDP growth rate of 0.1%. Optimism in markets have also continued in light of Covid vaccines. IPOs of Mrs. Bectors Food Specialities Limited and Burger King India Limited came in the month of December and were listed at high premiums.
M&A and PE key deals include Genworks acquiring in-vitro diagnostic unit of Iris Healthcare, Apax partners acquiring 3i Infotech’s software products business and Zomato raising $660 million in pre-IPO investment round.
