May 25 , 2023

10 most-anticipated IPOs of Indian startups in 2023

By True Scoop

The ed-tech giant BYJU’s raised 800 million dollar in fresh funding as part of a pre-IPO round. In November 2022, it was reported that Byju is also finalizing plans for a 1 billion dollar IPO of its tutoring business Aakash.

Shark Tank India judge Aman Gupta's audio-focused electronics brand Boat was set to float Rs 2000-crore IPO and eyed a 1.5-2 billion dollar valuation through it in 2022.

Another IPO that was expected to be rolled out in the first half of 2022 but didn't happen, is ride-hailing aggregator Ola Cabs. Although, this year things completely seem well for the firm.

More than a year ago in December 2021, online travel portal Ixigo's parent Le Travenues Technology Ltd obtained SEBI's approval for Rs 1600 crore IPO.

After almost a decade since being founded in 2013, hospitality sector major OYO was expected to go public last year. However, owing to several hurdles’ things got delayed.

The low-cost air travel agency airlines based in Maharashtra, Go First is also on the line to roll out fresh funding by getting listed in the market by mid of 2023.

Fintech firm Mobikwik had last year confirmed plans to raise Rs 1,500 crore from IPO. While alongside it one of the biggest IPOs of 2023 can be of e-commerce giant Flipkart.

After turning Decacorn (10 billion dollar valuation) in January 2022, Indian food delivery company Swiggy had already started preparations to raise 800 million-1 billion dollar in an IPO aimed to be rolled out in early 2023.

As recently as last week, Indian skincare startup and unicorn Mamaearth's parent Honasa Consumer Ltd had filed its draft prospectus for IPO with market regulator SEBI.