Key Points
In fact, in a way, it closes the loop for the VC, PE sort of industry where there was always a question as to whether it would be possible to list new-age companies..
Rajeev Mantri: By all accounts, Indian markets have been the best in the world for listings and IPOs..
We should accept that there will be certain excesses on both sides and the takeaway really is that capital markets are open for new-age companies and listings of new-age companies..
That is a trend which is picking up now and the rise of frontier tech and deep tech innovation in India is really encouraging in that regard because we always had these capabilities in the country and now we are finding that our engineers, our technologists are actually creating products in these industries and getting traction in terms of customers paying for these products whether it is enterprise, whether it is government...
I do not want to talk about any company specifically but yes, we do have three or four companies that are looking to go public and like I said, the Indian markets are offering some of the best kind of traction for new-age companies and there has never been a better time for being an entrepreneur in the country and that is I think a terrific sort of development...