Indias technology start-ups set to continue IPO rush into 2022 – Business Standard
Topics
tech start-ups | IPOs | Startups
Deepsekhar Choudhury & Peerzada Abrar | Bengaluru Last Updated at December 31, 2021 06:08 IST
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Year 2021 belonged to India’s technology startups. And that's not just because they raised more than $36 billion from the private market or that 43 of them became unicorns.
Some of the biggest tech start-ups in the country – most of them either loss-making or just about in the black – hit the bourses this year. These companies accounted for more than $6 billion of the estimated $24 billion raised by initial public offerings (IPOs) in India in 2021. And the IPO rush for startups is set to continue in 2022, according to industry watchers and tech entrepreneurs. …
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