Dealing with next-gen listings

Investors are starting to realise that new-age companies are a completely different animal

If one were to take a step back and look at the listings of the wave of venture capital or VC-backed next-gen companies in India, they have been a decidedly mixed bag till now. Zomato hit the markets almost 18 months ago, with the issue going live on July 14, 2021. Subsequently, we had a gold rush of sorts and multiple companies listed.

It was an amazing monetisation opportunity for the VC/private equity ecosystem. India had finally arrived on the global VC stage. India had the third largest start-up ecosystem and public market investors were falling over themselves trying to