How BSE is enabling startups to go public
The stock markets are on a bull run fuelled by a massive inflow of investment, leading to the listing of several startups such as, , , and . This has inspired other technology-enabled startups to look at public listing.
However, many of them are still hesitant to go public due to compliance worries.
To address all concerns,— the country's oldest stock exchange — has created a separate listing trading platform for small and medium enterprises (SMEs) and startups to encourage firms in this segment to access equity funds.
In an interview with YourStory, Ajay Thakur, Head of BSE SME & Startups platform, says he believes the stock market is the best place for startups to access funds to grow their business and is the destination where maximum wealth creation is possible.
"The approach we are taking is to create awareness among the promoters and make them understand the benefits of a public listing. Also, we are connecting them with others in the ecosystem like merchant bankers, chartered accountants etc," he says.
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“Ecommerce enablement players will play a pivotal role in fuelling the burgeoning Indian e-retail market which is projected to touch $120 billion in next four to five years.”