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Nearly a quarter of Indian enterprises surveyed reported losses exceeding USD 1 million (about Rs 8.8 crore) from cyber breaches over the past three years, with the risk particularly high among companies earning USD 5 billion or more in annual revenue. Cyber budgets are rising, albeit at a cautious pace, with 87 per cent of organisations in India planning to increase their cybersecurity spending over the next 12 months, according to a PwC report. The PwC 2026 Global Digital Trust Insights survey, based on responses from 138 Indian business and technology executives, found that investment in AI tops budget priorities at 46 per cent, followed by cloud security at 33 per cent. ...25 per cent of businesses say their most damaging data breach in the past three years cost their organisation at least USD 1 million, with exposure highest among enterprises generating USD 5 billion or more in revenue (45 per cent). This year, 87 per cent of leaders of Indian organisations expect their cyber
India recorded 999 deals worth USD 44.3 billion in July-September period of 2025, up 13 pr cent in volume and 64 per cent over the preceding quarter, according to PwC India's latest Deals at a Glance report released on Monday. In the second quarter of calendar 2025, there were 887 deals worth USD 27 billion. India's deal market sustained its growth momentum through Q3 CY25, registering its strongest quarterly performance in the past six quarters, the report said. "Mergers and acquisitions (M&A) continued to drive market activity, accounting for 518 transactions valued at USD 28.4 billion, marking an 80 per cent increase in value and 26 per cent rise in volume quarter-on-quarter," it said. Year-on-year, deal volumes grew 64 per cent, while total M&A value expanded 32 per cent, supported by active domestic consolidation and renewed cross-border interest, it said. Private Equity (PE) activity remained strong, with 481 deals valued at USD 15.9 billion, a 41 per cent increase in ...
PwC India has announced the launch of its first-ever startup accelerator programme 'Emerging Tech Startup Challenge' geared to empower startups in the emerging technology space to refine their solutions and bolster market penetration. The accelerator programme is aimed at driving innovation and supporting India's vibrant startup ecosystem by providing mentorship, consulting expertise, and strategic guidance. Announcing the launch of 'Emerging Tech Startup Challenge', PwC India said the programme is open to all India-based startups working across the areas of artificial intelligence (AI), data analytics, blockchain/Web 3.0, space tech, Industry 4.0, and spatial reality, among others. "We would be excited to see wide ranging innovations across industries in B2B/B2C segments, such as, retail and consumer, manufacturing, financial services, infrastructure, healthcare and telecom," it said. Over three months, 15 selected startups will benefit from access to mentorship from subject matte
India is among the top countries in terms of investment plans made by CEOs and also in terms of their confidence in the country's economic growth, a global survey showed on Monday. Releasing its annual CEO survey here on the first evening of the World Economic Forum Annual Meeting, PwC said nearly 9 out of 10 Indian CEOs remain confident of economic growth as they plan headcount increases and continued AI rollout. India also remains among the top five territories (along with the US, the UK, Germany and Chinese Mainland) for global CEOs' investment plans, the survey found. Almost 51 per cent of Indian CEOs were positive about GenAI's impact on profitability, while one-third of Indian CEOs noted revenue increases from climate-friendly investments over the past five years. For more than 40 per cent of Indian CEOs, product and service innovation is the most common reinvention action in the last 5 years, PwC said. Four in 10 CEOs in India and across the world said their companies have
Consumers are worried about data breaches, and a large number of them are not aware of their rights related to personal data, according to a PwC India survey. The PwC Survey on Data Privacy offers vital insights from 3,233 consumers and 186 organisations across India, exploring the awareness and implementation gaps concerning the Digital Personal Data Protection Act (DPDPA), the consultancy firm said. As per the survey report titled 'How aware and prepared are Indian consumers and businesses to navigate the new era of digital privacy?? A survey of India's data privacy landscape', 42 per cent of consumers are not sure if they will continue using the services of a company post a data breach. "This rate is higher in Tier-1 cities at 46 per cent. Although 52 per cent of organisations are planning additional security controls around personal data, technology alone won't solve the compliance issue," PwC India said. The survey also showed that only 16 per cent of consumers are aware of