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Startups and Unicorns in India

IPOs and Exits

Investors get returns when a startup is sold or listed on the stock market, and India's IPO market opened up for new-age firms from 2021.

Investors need a way to cash out.

Exits

An exit can be an acquisition by a larger firm, or an initial public offering (IPO).

New-age IPOs

Zomato, Nykaa, Paytm and others listed in 2021, opening a new chapter for startup investing.

Mixed results

Some shares rose and others fell, as with Paytm’s weak debut.

SME platforms

Smaller companies can list on special exchanges for small and medium firms.

Cashing out

Early investors sell shares after a listing and return money to their own backers.

Assuming listing ensures a rising share price

Many listed startups trade below their offer price for a time.

Key takeaways
  • Exits return money to investors.
  • Acquisitions and IPOs are common.
  • 2021 saw new-age IPOs.
  • Share prices can fall.
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