EP2 : Have They Lived Up To The Hype?

More than $28bn were raised in India’s equity markets in the country’s busiest ever first half of the year. This was a 198 per cent jump from the same period in 2023. A large portion of this IPO frenzy is because of the optimism in the tech startup space. Helped by the precedence left by Paytm and Zomato in recent years, there is a rush alright. It is also an exit for VCs and Angel Investors who burnt themselves as valuations fell in 2023. Is it the new startup haven or is it also warning investors are not paying attention to? News9 Plus explores.

Even as the poster-boy of tech-startups, Zomato braces itself to replace JSW Steel on BSE SENSEX 30, the newly listed startups this year have not been that consistent. They all rode on the back of the euphoria surrounding the space given the kind of subscriptions their IPOs got. What should be the investor’s strategy while putting money on an upcoming tech startup IPO. Will the ones that are yet to come out find the going as easy as the ones listed?