Next Big Wave of Tech Unicorn Listings Could Be in India
- Former Infosys CFO Pai sees 10-15 listings over 3 years
- Number includes Byju, Swiggy, Zomato, PhonePe, Myntra: Pai
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India’s stock markets are set for a wave of unicorn listings, according to technology venture capitalist and former Infosys Ltd. official Mohandas Pai.
Pai, who is also chairman of Securities and Exchange Board of India committees on primary markets and financial technology, said 10 to 15 internet and tech companies are looking to list in India over the next three years. These firms are likely to be valued at $300 million to $10 billion, he said in an interview.