India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027
- More than three dozen tech startups in India, valued at $100 billion, are planning to go public by 2027, according to The Rainmaker Group.
- Notable companies like Flipkart and PhonePe are among those seeking IPOs amid a decline in market activity.
- Kashyap Chanchani indicated that the financial health of upcoming startups is better now than those that listed in previous years.
- Investors are wary, and companies must provide reassuring evaluations to attract retail investors, as highlighted by Chanchani.
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6 Articles
Yet another MNC listing! Apollo Global picks 4 bankers, kicks off Tenneco's India IPO eyeing up to $2.5-bn valuation
In February 2022, Tenneco announced that it had entered into a definitive agreement to be acquired by Apollo Global Management for around $7.1 billion, including debt
India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027
More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the country’s top deal advisers to internet companies.
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