As macroeconomic headwinds threaten to derail the deal-making momentum in the short-to-medium term in India, there could be a correction in company valuations going forward.
“The global economy is under pressure from geopolitics and macroeconomic policies-led inflation and consequent corrective actions in the form of increasing interest rates,” Satish Chander, partner at True North, one of the oldest private equity (PE) firms in India, told DealStreetAsia in an interview.