Soonicorns, Unicorns and Listings: The Transformation of India's Public Equity Markets
The stories of Flipkart, Paytm, Nykaa and other start-ups that define India are well-known. In a small but significant way, these unicorns also represent the dreams and aspirations of a new breed of corporates since they have been built by first-generation entrepreneurs. They developed business models that would not only meet unmet needs of the masses, but also attracted huge bets from investing capital from around the world. As we have seen, many of these homegrown start-ups are going for public listings aka IPOs and thereby creating history again in the public equity market. To talk about this very interesting opportunity, PMS Bazaar recently hosted Avendus and its top leadership in a webinar titled 'The Coming Transformation of India's Public Equity Markets'. The speakers were Ranu Vohra, co-founder and executive vice chairman, Avendus Capital and Tridib Pathak, co-head of equity, Ocean Dial Asset Management India and fund manager, Avendus Olivo (PMS strategy). The insightful session was anchored by Sivaram.