There's talk that a lot of non Indian brands are looking to launch their IPOs in India. Hmm, letโs see how that goes if it happens, it could be great for the Indian market, as long as the companies are genuinely high quality.
This year major Indian startups are going for Initial public offering(IPO)
1. PW
2. Lenskart
3. OYO
4. Dhan Stock trading
The combine valuation of these 4 are $28๐ต( as the file for their IPOs).
๐จ Wake Up, Retail Investor: The boAt and Lenskart IPOs Are a Masterclass in Investor Exit, Not Value Creation.
I love a good Indian startup success story as much as the next person, but the filings for the boAt and Lenskart IPOs aren't a celebration