The year 2021 becomes fruitful for the startups. The current fad among new-age enterprises is to abandon their private branding in favor of being public.
2021 opened up a whole new avenue for investments, not just for startups, but also for the public markets and the millions of ordinary investors. The Indian public markets have come a long way from concerns about loss-making IT startups going public to acceptance of unconventional growth-based valuing of enterprises.
In September, Chairman Ajay Tyagi of the Securities and Exchange Board of India (SEBI) stated that prospering technology firms had generated Rs 15,000 crore through initial share sales in the last 18 months, with IPOs worth around Rs 30,000 crore currently in the works. The companies set to take IPO in 2022 are insurance, healthcare sector, Edtech and many more.
Startups top on the IPO list are: BYJU’S, Ola, OYO, Flipkart, PharmEasy, Delhivery.