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Startups should be allowed to list outside: Rajan Anandan

Dec 17, 2019 by The Passage Team
Startups should be allowed to list outside: Rajan Anandan

The government should allow Indian startups to list outside the country where there is a better understanding of the startup economics, said Sequoia India MD Rajan Anandan.

"Nasdaq, today, is a better place to list a high-growth tech startup with strong unit economics but which is still investing in growth," Anandan said while speaking at the Times Network India Economic Conclave here on Monday.

He further clarified that the industry is not asking for dual listing, wherein they list in India as well as overseas, but rather direct listing on exchanges like the Nasdaq (a New York based stock exchange) or NYSE (New York Stock Exchange), where there is enough interest to invest in such companies.

Source: Economic Times

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The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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