ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train!
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Hi everyone, Samidha here.
This year has been different for me as a reporter-editor who covers the technology and startup sector. In my many years, almost a decade now, of being on the inside track of this industry, I have always asked why startups (especially ones that have scooped up billions of dollars in investor capital) do not go public in India. Isn t that the holy grail for all venture-funded companies?
I was always given answers like: the India market is still small compared to those in China and the US… startup valuations are simply out of whack. founders aren t building companies with the kind of discipline that s needed to take them to