Technology

India Poised for Record VC Year as Unicorns Head for Decisive IPOs

India Poised for Record VC Year as Unicorns Head for Decisive IPOs

If you don’t pay attention, we’ll say it again: the global enterprise capital industry is on fire. The second quarter of 2021 was the largest single three-month period in dollar investment records. Data comes to the point at global speeds. The U.S. startup market had huge Q2 and investors did not expect the country to slow down. Europe also has a one-year hell. Worldwide, 2021 has become a breakout year for investing in startups. And it’s after years of growing, record-breaking results.

India is another good example of this trend. So far in 2021, the country’s venture capital has matched that of 2020 and is on pace for a record year. As the third quarter continues to unfold, perhaps something more important is underway: public market liquidity. This new trend is led by Indian food distributor Jomato, which could be worth as much as $8.6 billion in a public debut. Other big unicorns are following it in the public market, including fintech players like MobiQuick and Paytm, which are supported by Alibaba and its approved anti-financial. 

The trio of companies can encourage public offerings from Indian companies if their first position proves profitable and stable. Today, Exchange Bloom Ventures, with the help of VC Kunal Bajaj and Pi Ventures ’Manish Singhal, is digging deeper into the results of India’s recent venture capital and the country’s deeper IPO pipeline. We will read the tea leaves on how Jomato’s IPO is performing so far and what we can learn from its preliminary information. This will be fun!

India is another good example of this trend. So far in 2021, the country’s venture capital has matched that of 2020 and is on pace for a record year. As the third quarter continues to unfold, perhaps something more important is underway: public market liquidity. This new trend is led by Indian food distributor Jomato, which could be worth as much as $8.6 billion in a public debut. Other big unicorns are following it in the public market, including fintech players like MobiQuick and Paytm, which are supported by Alibaba and its approved anti-financial. 

The trio of companies can encourage public offerings from Indian companies if their first position proves profitable and stable. Today, Exchange Bloom Ventures, with the help of VC Kunal Bajaj and Pi Ventures ’Manish Singhal, is digging deeper into the results of India’s recent venture capital and the country’s deeper IPO pipeline. We will read the tea leaves on how Jomato’s IPO is performing so far and what we can learn from its preliminary information. This will be fun!