According to Renaissance Capital, a leading provider of pre-IPO research and IPO-focused ETFs, through November 25136 IPOs have raised $28.8 billion in 2024, up 32% and 49%, respectively, compared to the same time last year. Performance has also been solid, with the Renaissance IPO Index sh...
Indian fintech giant Paytm’s disastrous public listing last week—which saw the company’s shares plunge 27% from the issue price on the debut day and eroded over USD 5 billion of investors’ wealth—has begun to weigh down the upcoming fintech IPOs in the country. ...