Tech
Paytm founder Sharma urges regulatory, tech reforms to speed up the IPO process
[ad_1]
Paytm founder Vijay Shekhar Sharma pushed for easing India’s initial public offering (IPO) process, citing the long duration between opening and closing of IPOs and the resulting dramatic price swings from institutional to public rounds.
“It was especially the case for us. I remember the amount of time it takes,” Sharma said on Tuesday at the Global Fintech Fest in Mumbai.
He suggested leveraging central bank digital currency (CBDC) for real-time settlements to streamline the IPO process.
“The number one advice I would give is that the whole IPO…
[ad_2]
Source link
Continue Reading