Blume report SME IPOs: Smaller IPOs an alternative for shrinking VC exits: Blume report
With Indian startups facing the brunt of a long funding winter, a listing on the SME board can be a potential route for new-age technology companies to raise funds, early-stage investor Blume Ventures said in a report.In its latest Indus Valley report 2024, the venture capital firm said startups which are not witnessing a lot of interest from growth investors, or hitting a growth ceiling and “feel better to build profitably than burn for growth”, should be exploring initial public offerings and their listing on the SME…