Indian startups Ola Electric, FirstCry gut valuations ahead of IPOs | TechCrunch
Briefly

Ola Electric and FirstCry, two large Indian startups, adjusting their IPO pricing below previous valuations to match new market realities, reflecting a shift in startup valuations as companies adapt to public market scrutiny.
Founders and directors realizing the importance of leaving value on the table during IPO, aiming to attract anchor and public market investors to enhance IPO gains and stock performance.
Read at TechCrunch
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