Half of India’s IPO-bound startups in losses-Meesho, Flipkart, PhonePe, Zepto on the list
“Half of the new-age tech companies gearing up for market debut remain entrenched in losses, with a combined loss of over Rs 12,000 crore. However, profitability concerns may not deter retail investors from participating in the upcoming IPOs, as they are drawn to high-growth opportunities and promising business models.