SPAC for Indians
We know you’ve been hearing a lot about SPACs and how it has taken over the world of IPO by a storm. And probably you even googled it up and read a word or two about what it means, so that you’re not all lost when your friends bring it up in a conversation. But there’s little out there that tells you as to why, as an Indian, any of it makes sense. Because afterall if Virgin Galactic, a US company, raises capital in a new way and gets itself listed on the US stock exchange, how on earth does it have any relevance to you. Right?
So allow us to tell you where India lies amongst all the buzz around SPACs, whether such a concept exists in India and if not, how can it be made possible. Head on to the conversation where the writers at the Startup Indian talk all about it…
This article is a part of the April'21 edition of our Startup Newsletter. Here's the complete publication: