Thread by @BiIndia

2021 could finally be the year of India’s #TechIPOs as startups like @zomato, @delhivery, @policybazaar head for the public markets

businessinsider.in/business/start…

By @SanchDash

@zomato @delhivery @policybazaar @SanchDash Multiple Indian startups like @zomato, @delhivery @policybazaar, @FreshworksInc, @Flipkart, @MyNykaa are reportedly eyeing the public markets in 2021.

#TechIPO #IPOs

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa India’s market regulator Securities and Exchange Board of India (SEBI) too is looking to ease norms to facilitate startup #IPOs in the country.

#TechIPO

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa The blockbuster IPO debuts like that of #MrsBectors, #BurgerKing, #HappiestMinds in the Indian stock markets this year has only led to the country’s emerging tech startups gear up the confidence to knock the doors on the public markets.

#TechIPO #IPOs

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa 2020 is also headed to an end with two hot tech IPOs in the US stock market – #Airbnb and #DoorDash and the success of those #IPOs will surely have an impact on Indian investors and their belief on technology startups.

#TechIPO

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa One of the most-talked about #IPOs would be that of Indian foodtech unicorn #Zomato.

Currently valued at $3.9 billion, Zomato has also closed a pre-IPO funding of $660 million.

#TechIPO

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa One of the most-talked about companies that could also hit the public market is Walmart-owned #Flipkart.

Walmart CEO Doug McMillon has often hinted about Flipkart’s IPO debut, which would reportedly be worth $10 billion.

#TechIPO #IPOs

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa India’s insurance unicorn #Policybazaar too is reportedly looking to head for an IPO in 2021.

Backed by investors like SoftBank’s Vision Fund, Tiger Global Management and Tencent Holdings, Policybazaar was last valued at $3.5 billion.

#TechIPO #IPOs

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa The Falguni Nayyar-headed startup, #Nykaa, turned unicorn this year and has raised investments from Boston-based asset management company Fidelity Management & Research Company, Steadview Capital and also from actresses #AliaBhatt and #KatrinaKaif.

#TechIPO #IPOs

@zomato @delhivery @policybazaar @SanchDash @FreshworksInc @Flipkart @MyNykaa Indian logistics unicorn #Delhivery recently raised investment from Steadview Capital. The global investment firm has picked up $25 million worth shares in Delhivery through a secondary transaction.

#TechIPO #IPOs