Why New-Age IPOs Are Seeing Shrinking Issue Sizes, Slashed Valuations
The Indian equity market has witnessed a noticeable trend in recent months: new-age IPOs are coming to market with shrinking issue sizes and slashed valuations. Once celebrated for their aggressive fundraising and sky-high valuations, startups in sectors like fintech, e-commerce, edtech, and SaaS are now adopting a more cautious approach. Analysts attribute this shift to…