Goldman Sachs Research

Indian Equities: Digital Transformation as Private Goes Public

05 OCT 2021
TOPICS: Markets | Regional Analysis

The number of “unicorns” has surged in India in recent years, enabled by the rise of the internet ecosystem, availability of private capital and a favorable regulatory environment. Goldman Sachs Research expects the IPO pipeline to remain robust over the next 12-24 months, with market cap increasing from US$3.5tn currently to over US$5tn by 2024, making India the 5th largest market by capitalization. 

Goldman Sachs Research

Indian Equities: Digital Transformation as Private Goes Public

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