EP987 – Will IPOs Work Well In 2021 Too? | India Development Debate
21 JANUARY 2021 | ET NOW | 15 MIN 40 SEC
This year will have no dearth of IPOs, especially with startups like Zomato, Nazara Tech, Nykaa, Flipkart, Policy Bazaar, Delhivery, BYJU’s & Pepperfry to name a few. IPOs in 2021 like Zomato, food tech unicorn with deal valuation >$3.5 billion. Investors include names like Infoedge, Tamasek, Ant Financial with recent investments from Tiger Global, Kora, Luxor, Fidelity & Mirae. Nazara Tech is a gaming IPO firm with key investors like Rakesh Jhunjhunwala & IIFL Special Opportunities Fund. Known for cricket & Chota Bheem themed mobile games. It is Indias first game developer firm to file for an IPO in second attempt. Here’s Tamanna Inamdar, Rahul Bhasin, Managing Partner, Baring Private Equity Partners India, Mahantesh Sabarad, Head- Retail Research- SBICAP Securities & Rehan Yar Khan, Managing partner, Orios Venture Partner discussing the future of the IPO market in India.