Sebi ruling on DVR cheers startups, but can it stop international listings?

The recent ruling on differential voting right by the Securities and Exchange Board of India (Sebi) has sent cheer across the startup sector, but many startups would still wait and watch before they decide on their listing plans options.

Sebi has said that promoters/founders who have net worth of Rs 1,000 crore can now have superior voting rights. A long pending demand from the startup ecosystem, with this ruling many founders and investors that Business Standard spoke to said that India is now at par with ruling in several other overseas markets, especially the US.

However, many players from the