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The Maturing Startup IPO Discourse

The Indian public market is at an inflexion. While the bull run has paused and valuations have cooled, a more mature, earnings‑driven phase is taking shape. Motilal Oswal head of equity and derivatives Ankit Mandholia believes this sideways movement isn’t stagnation, but a foundation for the next leg of sustainable growth, built on fundamentals.

A Turning Point: The days of “growth at any cost” are fading, giving way to a more measured pursuit of…

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