Plans of companies such as Zomato, Policybazaar, Grofers and InMobi to launch an initial public offering (IPO) in 2021 could kick off a transition of successful start-ups from private to public capital.
The country has realised the potential of start-ups that have disrupted traditional businesses (or ways of doing business) and have garnered large market share, across segments. Recent IPOs by Route Mobile, Happiest Minds, and Burger King India saw huge oversubscription. Start-ups are, therefore, poised for an exciting two years ahead.
“We will see many large start-ups go for an IPO, especially those valued at less than $5 billion.