New Delhi, July 28 -- India witnessed a slowdown in deal investment activity in the second quarter of calendar year 2025, with both volume and value showing a decline, according to a recent report by PwC India.

The report highlighted that after reaching a high of 867 deals in the first quarter, deal activity fell by 20 per cent to 697 deals in Q2 2025. In terms of value, deals dropped by 22 per cent, from USD 33.5 billion in Q1 to USD 26.2 billion in Q2.

It stated "After the high of 867 deals in the previous quarter, deal activity fell by 20 per cent to 697 volume wise and 22 per cent value wise".

Mergers and acquisitions (M&A) took a major hit during the quarter. The number of M&A transactions dropped to 300 from 413 in the previous q...