The complex and rigorous merger and acquisition deals are not possible for the businesses below threshold revenue. Apohan expects a typical deal size of around INR 50 crore (7 Mn USD). The minimum deal size should be INR 10 Cr. We do not entertain companies with revenue/net worth/assets/valuation lesser than INR 25 Cr. The exception could be only those companies which can reach the label within one or two years.