High-powered ET panel to discuss startup IPOs on March 12

Mumbai: Distinguished trade leaders are set to deliberate on ‘The IPO Opportunity: How Indian startups will transition from personal to public markets’ at a panel dialogue throughout The Financial Occasions Startup Awards on March 12 in Bengaluru.

The high-profile listing consists of Deepinder Goyal, founder and CEO, Zomato; Nithin Kamath, founder and CEO, Zerodha; Lizzie Chapman, cofounder and CEO, Zest Cash; Sahil Barua, cofounder and CEO, Delhivery, and Shekhar Kirani, companion at enterprise capital fund Accel.

Final yr was a record-breaking one for Indian startups, not just for having raised greater than $40 billion but in addition for the variety of new-age IPOs that came about.

IPOs have been scarce for the home startup ecosystem, but it surely modified following meals supply app Zomato’s itemizing, and the floodgates opened for Indian corporations as they began evaluating the choice as a viable one.

Zomato and omnichannel magnificence retailer Nykaa made stellar public market debuts, with their subject subscribed 40-80 instances, bringing in enormous curiosity from retail and first-time buyers.

Nevertheless, previously month, the exuberance round new-age tech shares has made method for a steep correction in valuations, mirroring what has occurred within the US markets.

What’s going to this imply? Will there be extra give attention to slicing losses and turning worthwhile? Our distinguished panellists – who deliver with them a few years of operational expertise in constructing companies at scale – will speak about how Indian startups will transfer forward into the following section of their lifecycle as they develop into publicly listed firms and what it’ll take for them to attract up a profitable playbook on this new avatar.

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