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instacart: Instacart soars 40% as it begins trading, an encouraging sign for tech IPOs

Instacarts market capitalization, including all outstanding shares, totaled $13.9 billion. But even with the stock price pop, the companys valuation remained a far cry from the $39 billion that investors assigned it in the private market in 2021.
United States Uttar Pradesh Programme In Data Science Offering College Northwestern University Indian School Of Business

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Tech IPOs unlikely in next 12-18 months despite benchmark indices hitting new highs

In the last six months, Mamaearth parent Honasa Consumer is the sole VC-backed unicorn to have submitted draft papers to SEBI. Following the IPOs of Zomato, Paytm, PB Fintech and others, companies have realised that public shareholders have different perceptions of their businesses and valuations as compared to private investors.
Shyam Sekhar Ashsish Kumar Partner At Nandan Nilekani Fundamentum Partnership Exchange Board Of India Honasa Consumer Ltd Head Of Research

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