
CosmicTaco
India's $100 Billion Tech IPO Boom by 2027
- Over three dozen tech startups, valued at $100 billion, are set to go public in India by 2027.
- Companies like Flipkart, PhonePe, and Oyo Hotels are among those planning IPOs.
- A majority of the startups have achieved profitability and improved transparency.
- The Indian stock market saw a decline in the first quarter but is expected to rebound with upcoming IPOs.
- Major investors like SoftBank and Prosus are looking for lucrative exits through these IPOs.
Source: Bloomberg
4mo ago
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