🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Yash Raj

Freelance at Remote • 6m

Surge in Secondary Transactions Captivates Tech Founders in 2024 According to Inc42’s Annual Founder Survey, tech founders are abuzz with secondary transactions. In the survey titled "The Pulse Of Tech," 35% of the founders reported a “moderate” increase in interest, while a noteworthy 25% experienced a “significant increase.” Over a dozen innovative tech companies, including Urban Company, Acko, OfBusiness, ixigo, and Meesho, have been active players in the secondary deals arena throughout 2024. The survey highlights that for the majority (37%) of founders, secondary transactions are a crucial strategy to provide liquidity to early investors. Meanwhile, 28% of founders view these transactions as a valuable means to create wealth for their employees. As secondary deals gain momentum, the trend underscores a growing shift in the startup ecosystem, emphasizing liquidity and wealth creation as pivotal components of a thriving tech landscape

3 Replies
12
Replies (3)

More like this

Recommendations from Medial

Image Description
Image Description

Vikas Acharya

 • 

Medial • 7m

MUMBAI :Mintifi Finserve, a supply-chain financing startup, secured $180 million in a Series E funding round on 10 December, led by Teachers’ Venture Growth, the late-stage investment arm of Ontario Teachers’ Pension Plan (OTPP), and global investor

See More
4 Replies
1
12

Hrishikesh Thakkar

Confused between bei... • 5m

Exciting news for India’s startup ecosystem! For the first time, the central government is set to allocate a dedicated corpus to the Small Industries Development Bank of India (Sidbi) to oversee a fund of funds focused on secondary transactions. Wh

See More
Reply
6

Vighnesh

Branding | Designing... • 4m

Every founder needs two things: the right partner & the right investor. conducting a quick 2-min survey to understand the challenges founders I'm face in finding co-founders & investors. Your insights would be super valuable! Take the survey her

See More
Reply
2
Image Description

Vighnesh

Branding | Designing... • 4m

Every founder needs two things: the right partner & the right investor. conducting a quick 2-min survey to understand the challenges founders I'm face in finding co-founders & investors. Your insights would be super valuable! Take the survey here

See More
1 Reply
2
Image Description
Image Description

Sanskar

Keen Learner and Exp... • 3m

Hey founders Do you own a business dealing in physical products (eg:- trading, manufacturing, supplying etc) comment down the category of products your business deals in

4 Replies
5

Abhay Pandey

United we stand divi... • 4m

🚀 Attention Startup Founders & Entrepreneurs! 👉👉 https://shorturl.at/15Ffp Are you a founder or entrepreneur facing challenges in finding co-founders and investors? Help us help you by participating in a quick 2-minute anonymous survey. Your val

See More
Reply
7
Image Description

gray man

I'm just a normal gu... • 2m

Ahead of filing its draft red herring prospectus (DRHP), consumer services unicorn Urban Company’s founders cumulatively sold shares worth nearly INR 779.08 Cr through secondary transactions. According to the DRHP filed with SEBI on April 28 for a p

See More
1 Reply
11

Download the medial app to read full posts, comements and news.