Startup IPOs are coming, or so it may seem from the public admissions of Freshworks, Delhivery, Ola, Oyo, PolicyBazaar, PepperFry and Quikr— “unicorns” that have built large-scale businesses over the internet.
Some of these will probably list, but the sentiment for broader internet IPOs in India is divided, according to half a dozen experts interviewed, past trends, global sentiment, and investor appetite.
The biggest hold-up is, as one executive puts it, “why do you need to IPO at all?”
Currently, the Indian startup space is plush with private capital. Billion-dollar rounds are no longer a rarity, public investors like pension