Young India is excited with the numbers thrown about by news reports on valuations. Some believe that a large company like Flipkart is valued at $15 billion (Rs 1 lakh crore) and everyone expects, if and when they list on the Bombay Stock Exchange (BSE), the Initial Public Offering (IPO) to be the largest in the country, even with a 40 per cent dilution of stake.
“India can absorb great technology and startup IPOs. But, today, the entire nation is just about beginning to realise its potential; it is only a matter of time before the business fundamental will morph into IPOs,” says Sanchit Vir Gogia,Chief Futurist, Founder and CEO, Greyhound Knowledge Group.
Source: Your Story