Try GOLD - Free
NEW WAVE OF TECH IPOs LEAVES RETAIL INVESTORS AT RISK
Mint New Delhi
|November 17, 2025
The Indian stock markets are bracing for another wave of what the fashionable set calls 'digital IPOs'.
The definition keeps evolving with each new buzzword—platform, Al, technology-enabled, and soon. My definition is simpler and more accurate: companies that have never made profit and probably never will.
The real damage from these unprofitable digital companies goes far beyond individual investors losing money in overpriced IPOs. It strikes at the heart of how market economies are supposed to function. Why does a market economy generate more wealth and growth than a controlled one? The reason is failure. The greatest advantage of a market economy is not just that good businesses succeed, but that the bad ones fail. Businesses that cannot make money are forced to shut down quickly, freeing up resources of all kinds that flow into good businesses.
This story is from the November 17, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
SC allows first ever case of passive euthanasia
Centre should consider bringing comprehensive legislation on passive euthanasia, top court says
1 mins
March 12, 2026
Mint New Delhi
Centre reviews workplace standards to align with new labour codes
Government initiates study to shape compliance and governance practices as country prepares to operationalize new labour laws
2 mins
March 12, 2026
Mint New Delhi
RIL to make major investment in US refinery: Trump
IndiGo and Air India Group said to have sought the relief following the West Asia conflict
3 mins
March 12, 2026
Mint New Delhi
Urea cos shut plants as war hits LNG flows
Centre should consider bringing comprehensive legislation on passive euthanasia, top court says
1 min
March 12, 2026
Mint New Delhi
Tech firms turn to influencers for job posts on social media
India’s job market intensifies, top tech firms are swapping staid job ads for influencer-marketing campaigns on Instagram, YouTube and LinkedIn. Creators with millions of followers now spotlight job openings and work cultures, turning a single video into a flood of thousands of applications.
1 min
March 12, 2026
Mint New Delhi
SBI, MUFG Bank tie up to finance deals
State Bank of India (SBI) has entered a strategic partnership with Japan’s MUFG Bank to collaborate on financing mergers and acquisitions (M&As), and aviation and real estate projects to support Indian and global clients, the lenders said in a joint statement on Wednesday.
1 min
March 12, 2026
Mint New Delhi
Markets sink over 1.6% as hopes of swift revival fade
Financials and automobiles led the selling on Wednesday.
2 mins
March 12, 2026
Mint New Delhi
VinFast hires veteran auto execs to scale India EV push
The firm recruited over half a dozen leaders from global automakers such as Hyundai, BMW
2 mins
March 12, 2026
Mint New Delhi
Private credit gains ahead of IPOs as founders raise stakes
Private credit is increasingly being used ahead of public listings to help founders and promoters consolidate stakes or bolster capital as investors seek partial or full exits amid equity market uncertainty.
2 mins
March 12, 2026
Mint New Delhi
28 Indian ships stuck in Persian Gulf: govt
A total of 28 India-flagged ships with 778 Indian seafarers are stranded in the Persian Gulf region due to the blockade of the Strait of Hormuz, the government said on Wednesday.
1 min
March 12, 2026
Listen
Translate
Change font size