Covid-19 pandemic spurs matured-stage start-ups to advance their IPO plans

Several ecommerce and digital payments companies are looking for public listing over next two years

Several matured-stage start-ups, including digital commerce and payments firms, are now looking at taking the initial public offering (IPO) route for raising funds and offering exits to early investors.

While most were expected to tap the public market and few had openly stated their intent, their plans seem to have been advanced owing to the Covid-19 pandemic. 

In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju’s, have openly spoken about their IPO plans. The others, believed