BENGALURU -- A shortage of growth capital is driving Indian startups to the bourses, with some of them even pricing their initial public offers lower than their last funding rounds in order to woo investors.
Indian startups' valuations have moderated since the heyday of 2021. (Nikkei montage/Source photos by Ken Kobayashi and AP)
Market Spotlight
Indian startups turn to IPOs as funding tightens; some slash valuations
Shrinking capital increases pressure to give venture investors a profit
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