Trending

Stories

India Set for Stronger Tech, Media & Telecom IPOs as China Falters

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

While new regulations have severely hit China in the global tech, media & telecom (TMT) IPO market, the Indian TMT IPO pipeline is getting stronger and will continue to gain prominence this year; a new report showed on Friday.

Between 2018 and 2020, there were 15 TMT IPOs in India. Last year alone, 15 Indian TMT companies went public and raised total proceeds of $4.8 billion, revealing data and analytics company GlobalData.

Consumer-facing tech companies are the biggest beneficiaries of the increasing digital adoption in India. As a result, e-commerce and fintech were the top themes driving TMT IPOs in 2021, – said Swati Verma, Associate Project Manager of Thematic Research at GlobalData.

Also Read

In 2021, listings were centered around Internet-driven themes like e-commerce and fintech.

These themes will continue to gain prominence as digital adoption in the country further gathers momentum and eventually result in more successful listings in 2022.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Paytm’s listing in November 2021 was the biggest TMT IPO ever in India when it raised proceeds of $2.5 billion.

“Aptus Value Housing (Loan solutions), Mobikwik (digital payments), Naapbooks (fintech solution), and Policybazaar (insuretech) were the other notable fintech players that went public in 2021,” said Verma.

Zomato’s IPO, raising $1.3 billion, was the second biggest listing during the year.

CarTrade (online car selling platform), Easy Trip (online ticket booking), and Nykaa (online beauty & wellness) were the other e-commerce companies that went public last year.

PharmEasy (healthtech), Delhivery (e-commerce), Oyo Rooms (online hotel booking), and Tracxn (big data) have all filed for IPOs.

Other big IPOs expected on the Indian exchanges include Ola Cabs (ride sharing) and Swiggy (online food delivery).

Walmart-owned e-commerce player Flipkart, for example, is preparing for a listing in the US. Edtech major Byju’s also plans to list in the US by merging with a special purpose acquisition company (SPAC), – said Verma.

Meanwhile, a regulatory crackdown in China shrunk the country’s share in the global tech, media and Telecom (TMT) IPO market by 9 percent last year.

China’s regulatory onslaught has negatively impacted the tech TMT IPO market as the regulators created headwinds for companies wanting to go public in the country.

Newly imposed rules require Chinese companies to comply with national laws and regulations and ensure data security.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly  OpenAI Releases Tool To Detect AI-generated Text
Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022