NSE asks startups to list on its platform.
The National Stock Exchange (NSE) has asked startups to list on its platform, thus providing them with the opportunity to allow private equity and venture capital firms to exit and raise funds from local investors.
The exchange also wants to replicate the success of over 100 small and medium enterprises that have raised funds since its launch, a Business Standard report said.
According to Vikram Limaye, MD & CEO, NSE, Indian markets offer a good platform for new age companies for growth capital across phases as well as mature companies who have investors looking at exits.
"Decision of listing is also difficult one for startups. Life of the listed companies with it compliance, scrutiny and pressures of delivering results quarterly, There are also advantages of a public company," Limaye was quoted as saying.
Source: Business Standard