India's M&A market reached a record $83 billion in 2024, according to Grant Thornton data — driven by consolidation in fintech, healthcare, edtech, and logistics. Private equity and strategic acquirers are deploying capital into technology-dependent businesses at a pace that has, in several notable cases, outrun the rigour of their technical assessment processes.

Technology due diligence — the systematic evaluation of an acquisition target's technology assets, architecture, technical debt, security posture, team capability, and scalability — is the discipline that prevents expensive surprises from materialising post-close. It is also the discipline most frequently abbreviated in competitive deal processes where speed is perceived as the competitive variable.

A well-structured tech due diligence process addresses architecture scalability, code quality and technical debt, security posture, data infrastructure, team and process, and IP ownership.