Startups rethink IPOs as markets fall out of love with unicorns

The unlisted shares of PharmEasy (API holdings) are trading around Rs 45 apiece versus a high of Rs 145 expectations of listing day gains were driving shares higher. IIFL had bought a big chunk of shares at Rs 53 and offloaded the entire holding at Rs 82 in last November.

Startups rethink IPOs as markets fall out of love with unicorns
The unlisted shares of PharmEasy (API holdings) are trading around Rs 45 apiece versus a high of Rs 145 expectations of listing day gains were driving shares higher. IIFL had bought a big chunk of shares at Rs 53 and offloaded the entire holding at Rs 82 in last November.