Young, loss-making startups keep OFS portion lean
Synopsis New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer
Synopsis New-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer capital infusion for scaling and profitability over large shareholder exits. Companies like Zepto, Ola Electric, and PhysicsWallah exemplify this trend, signalling a market demand for businesses reinvesting in their future rather than facilitating early exits.
The BriefWire