Private equity and venture capital firms profit immensely from IPO rush, earning ₹10,000 crore.
Private equity and venture capital firms have enjoyed a lucrative wave of exits via IPOs in 2023, raking in a total of ₹10,007 crore. This development follows a series of block deals involving stakes in prominent companies such as Delhivery, Zomato, and Paytm. A recent report by IVCA-E&Y revealed that open market exits accounted for…