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India's $100 Billion Tech IPO Boom by 2027

  • Over three dozen tech startups, valued at $100 billion, are set to go public in India by 2027.
  • Companies like Flipkart, PhonePe, and Oyo Hotels are among those planning IPOs.
  • A majority of the startups have achieved profitability and improved transparency.
  • The Indian stock market saw a decline in the first quarter but is expected to rebound with upcoming IPOs.
  • Major investors like SoftBank and Prosus are looking for lucrative exits through these IPOs.

Source: Bloomberg

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