CosmicTaco

Indian Startups Outperform Major Indices, Deliver Premium Growth

CosmicTaco · 2024-10-01T10:31:46.473361+05:30

- From April to August 2024, 60% of RainGauge companies outperformed the Nifty50, 72% outperformed the NASDAQ, and 44% outpaced the MidCap Index. - The Raingauge Index (RGI) has delivered a 114% return since 2023, outpacing major indices like NIFTY, NASDAQ, S&P, and the MidCap. - RGI companies have shown 36% median EBITDA growth, more than double that of NIFTY 50 (18%) and MidCap (14%) companies. - Over the last two fiscal years, RGI companies have grown revenues by 36% (median), more than double than NIFTY and MidCap companies growing at ~15%. - New venture-backed public companies have added $8 billion in market cap to the RainGauge Index with significant listing gains. Source: [The Rainmaker Group](https://drive.google.com/file/d/1-Dqmu6I8wcYcxq4tb_wTThZG7RH6MbWn/view)

From April to August 2024, 60% of RainGauge companies outperformed the Nifty50, 72% outperformed the NASDAQ, and 44% outpaced the MidCap Index.
The Raingauge Index (RGI) has delivered a 114% return since 2023, outpacing major indices like NIFTY, NASDAQ, S&P, and the MidCap.
RGI companies have shown 36% median EBITDA growth, more than double that of NIFTY 50 (18%) and MidCap (14%) companies.
Over the last two fiscal years, RGI companies have grown revenues by 36% (median), more than double than NIFTY and MidCap companies growing at ~15%.
New venture-backed public companies have added $8 billion in market cap to the RainGauge Index with significant listing gains. Source: The Rainmaker Group