Sign In
India’s capital markets regulator, Sebi, wants to add more checks and balances as startup IPOs arrive in record numbers to collect seemingly free-flowing cash.
Already, four Unicorns — Paytm, Zomato, Policybazaar and Nykaa — have mopped up over $5.2 billion from the public markets since July.
CarTrade and EaseMyTrip have also listed this year, and over half a dozen venture-backed startups, from RateGain, Ixigo, MobiKwik, Oyo and Delhivery to PharmEasy and Droom, have filed for an IPO.
The wave is getting bigger: Looking at the reception in the markets, which seem unbothered by the losses of many businesses, more startups are considering going public. Some view the IPO as an opportunity to give their investors an exit, while others reckon they may get a better valuation once listed.
But Sebi’s consultation paper, if implemented, may introduce the regulatory equivalent of speed limits. The rules will likely apply to upcoming IPOs, and not the issues that have already happened. Here are the major takeaways.
In addition, access 50+ archived articles and 3 new articles every month
Sign In
Join our community of 100,000+ top executives, VCs, entrepreneurs, and brightest student minds
Blume Ventures
The CapTable brings a refreshing set of insights for us at the Blume team, highlighting stories that bring together the underlying business and founders with that of investors' journeys with these startups. It's an important perspective that very few bring to startup ecosystem enthusiasts.
Convinced that The Captable stories and insights
will give you the edge?
Convinced that The Captable stories
and insights will give you the edge?
Subscribe Now
Sign Up Now
