Led by Abu Dhabi Investment Authority and Public Investment Fund of Saudi Arabia’s $1.02bn private equity deal with Digital Fibre Infrastructure Trust, India’s technology industry saw a flat growth in overall cross border deal activity during Q4 2020, when compared with the last four-quarter average, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

A total of 68 cross border deals worth $2.11bn were announced in Q4 2020, compared with the last four-quarter average of 68 deals.

venture financing was the leading category in the quarter with 52 cross border deals which accounted for 76.4% of all deals.

In second place was M&A with twelve deals, followed by private equity with four transactions, respectively accounting for 17.6% and 5.88% of overall cross border deal activity in the India’s technology industry during the quarter.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In terms of value of cross border deals, private equity was the leading deal category in India’s technology industry with total deals worth $1.02bn, while venture financing and M&A deals totalled $625.57m and $345.54m respectively.

India technology industry cross border deals in Q4 2020: Top deals

The top five technology industry cross border deals accounted for 80.4% of the overall value during Q4 2020.

The combined value of the top five technology cross border deals stood at $1.7bn, against the overall value of $2.11bn recorded for the quarter.

The top five technology industry cross border deals of Q4 2020 tracked by GlobalData were:

1) Abu Dhabi Investment Authority and Public Investment Fund of Saudi Arabia’s $1.02bn private equity deal with Digital Fibre Infrastructure Trust

2) The $335.54m acquisition of ATC Telecom Infrastructure by American Tower

3) Google and Mithril Capital Management’s $145m venture financing of Glance Digital Experience

4) The $100m venture financing deal with Pine Labs by Lone Pine Capital

5) Alphawave Holdings, Google, Lupa Systems, Microsoft and Sofina’s venture financing with Verse Innovation for $100m.