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“Promoting IPO readiness in the startup ecosystem” | News from India

India’s startup ecosystem has witnessed remarkable growth in recent years, thanks to government initiatives like Startup India. However, many promising companies continue to face challenges in achieving the coveted milestone of going public through an initial public offering (IPO).

The number of registered startups in India has risen to around 114,000, highlighting the country’s entrepreneurial spirit. Yet there is a significant gap between the desire to go public and the ability to do so successfully. According to industry data, nine out of 10 startups face closure before they can consider going public, with lack of advice and resources cited as the main obstacles.

Despite the challenges, various stakeholders, including industry experts and policymakers, are actively seeking solutions to enable startups to have a smoother IPO.

In response to these challenges, Dr. Vivek Bindra, a well-known business coach, has launched an initiative aimed at preparing micro, small and medium enterprises (MSMEs) for IPOs. These efforts include initiatives to improve financial literacy, provide mentoring and streamline regulatory processes.

The initiative aims to democratize the IPO process and make it more accessible to startups of different sizes and budgets. By equipping these companies with the necessary knowledge and resources, the program aims to create a more conducive environment for startups to grow and succeed in India.

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