India's Deal-Making Takes a Nap in January 2026

In January 2026, India's deal-making took a bit of a nap, with just 207 deals totaling $7.2 billion—a 60% drop from December. The big mergers were missing in action, but private equity held its ground with 126 deals worth $2.7 billion. Meanwhile, Juspay Technologies celebrated by joining the unicorn club after raising $50 million!