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Indian Startups See Fourfold Year-On-Year Rise In VC Funding To $33.7bn In 2021, Reveals GlobalData

<p><span>Indian startups never had it this good when it comes to attracting venture capital (VC) funds. In fact, India’s startup ecosystem has witnessed a record fourfold increase in VC funding to $33.7bn in 2021, as demand for digitization grew manifold amid the COVID-19 pandemic, according to GlobalData, a leading data and analytics company.</span></p>
Aurojyoti Bose Financial Deals Database Lead Analyst Dream Sports Fashnear Technologies All Regions

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Allens And Khaitan Top M&A Legal Advisers By Value And Volume In Asia-Pacific For 2021, Finds GlobalData

<p><span>Allens and Khaitan were the top mergers and acquisitions (M&A) legal advisers in Asia-Pacific for 2021 by value and volume, respectively. Allens advised on 38 deals worth $88.9bn, the highest among all the advisers. Meanwhile, Khaitan led in volume terms with 116 deals worth $21.7bn. A total of 7,807 M&A deals were announced in the region during 2021, according to GlobalData, a leading data and analytics company.</span></p>
Aurojyoti Bose Herbert Smith Freehills Jones Day Report Legal Adviser League Tables Lead Analyst Financial Deals Database

IT majors gain as pandemic fuels digital services boom

IT behemoths Tata Consultancy Services, Infosys Ltd and Wipro Ltd reported a rise in sequential revenue in the third quarter, boosted by higher client spending on digital transformation during the Covid-19 pandemic. The strong growth in the quarter prompted Infosys to raise its annual revenue forecast. Companies across sectors shifted to hybrid working models and spent more
Salil Parekh Rajesh Gopinath Piyush Pandey Vijay Sivaram Nilanjan Roy Infosys Ltd

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