Rengaswamy: IndiaMart is India's most successful digital IPO of the decade
Ganesh Rengaswamy · Ganesh Rengaswamy, Quona Capital, on the growth of Digital Lending and Neo Banking in India · Jun 14, 2020 · at 20:55
Quona Capital co-founder Ganesh Rengaswamy reflects on the post-listing performance and stock appreciation of B2B marketplace IndiaMart.
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“The stock has gone up about 2.5 times since they went public. So it's been the most successful digital IPO in the country in the, in, at least in the last decade, if not more in terms of how the stock has sustained and performed on the back of company's performance.”
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