Infosys Co-founder and Axilor Ventures Chairman Kris Gopalakrishnan has made a strong case for startups to think of Initial Public Offering (IPO) in order to tackle the fund crunch and provide longevity to their fledgling enterprises.
“Startups are hesitant to do IPO, which is, in fact, not difficult. My biggest issue with the startup ecosystem today is that they are not doing an IPO. Let the Indian public own these companies. They will thus get a share of the wealth being created,” he said while inaugurating the fifth edition of the two-day ‘Seeding Kerala’, organised by the Kerala Startup Mission (KSUM) in Kochi recently.
This story is from the March 2020 edition of Destination Kerala.
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This story is from the March 2020 edition of Destination Kerala.
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