The high-profile list includes Deepinder Goyal, founder and CEO, Zomato; Nithin Kamath, founder and CEO, Zerodha; Lizzie Chapman, cofounder and CEO, Zest Money; Sahil Barua, cofounder and CEO, Delhivery, and Shekhar Kirani, partner at venture capital fund Accel.
Last year was a record-breaking one for Indian startups, not only for having raised more than $40 billion but also for the number of new-age IPOs that took place.
IPOs have been scarce for the domestic startup ecosystem, but it changed following food delivery app Zomato’s listing, and the floodgates opened for Indian companies as they started evaluating the option as a viable one.
Zomato and omnichannel beauty retailer Nykaa made stellar public market debuts, with their issue subscribed 40-80 times, bringing in huge interest from retail and first-time investors.
However, in the past month, the exuberance around new-age tech stocks has made way for a steep correction in valuations, mirroring what has happened in the US markets.
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What will this mean? Will there be more focus on cutting losses and turning profitable? Our distinguished panellists – who bring with them many years of operational experience in building businesses at scale – will talk about how Indian startups will move ahead into the next phase of their lifecycle as they become publicly listed corporations and what it will take for them to draw up a successful playbook in this new avatar.
