NSE to help start-ups go public for funds

IANS
Wednesday, December 6, 2017

The National Stock Exchange (NSE) on Tuesday said it would facilitate start-ups to mobilise funds through a public issue even in growth stages.

"We are committed to provide new age firms (start-ups) an ecosystem for raising equity capital in growth stages through a public issue," said NSE Chief Executive Vikram Limaye at a tech conclave here it organised to address funding issues of new age technology entrepreneurs.

Experts participating in the conclave preferred IPOs (Initial Public Offering) to raise funds for startups.

"As new-age firms with innovative ideas are set to transform the Indian economy, we are committed to partnering with them in their growth journey," said Limaye.

The driving force of the Indian start-up ecosystem has to be to solve the problems of our country, said Minister of State for Civil Aviation Jayant Sinha, who was also present at the event.

"India has to be the entrepreneurial engine not just for the affluent one billion people on the planet but for the other six billion people as well," he said.

The country has the potential to become a $10 trillion economy by 2030 with the support of start-ups that will go public and bring in investments, he added.

Start-up ecosystem in the country has grown manifold over the past few years, stated the former Chief Financial Officer of global software major Infosys and the Chairman of Manipal Global Education T.V. Mohandas Pai.

"Our country has one of the largest ecosystems of start-ups next to the US and China and will grow to have about 100,000 start-ups by 2025," he added.

Securities and Exchange Board of India's former chief C.B. Bhave was also present at the event, which saw the participation of entrepreneurs, investors and regulators from across the country.


Express your comment on this article

Submit your comments...
     
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.
Image

India - Global host of 2018 World Environment Day

India is the global host of 2018 World Environment Day which is taking place on June 5, 2018. The t

Image

Students should proactively indulge in co-curricular activities - Raghavi Vishwanath an alumni of FAIPS Kuwait

When youngsters reach a pinnacle it is always a pleasure to learn more about their lives and how th

Image

A thought for Ramadan

Sunday, the 13th of May, 2018 Festival greetings, Happy Sunday greetings Mother’s Day greetings

Image

Kuwait Cricket - A Sense of accomplishment: Herschelle Gibbs

In the recently concluded ICC World Twenty20 Asia Qualifiers ‘A’ , the Kuwait's national crick

Image

Raindrops - Usual and Unusual Stories of love by Dr. Navniit Gandhi

Dear Readers, Dr Navniit Gandhi has penned a collection of 19 true, usual and a little unusu

Image

Love is in air when he sings, Shahbaz Aman

What could be the appropriate adjective to describe this man; singer; composer; or an unusual embod

Image

Don’t Want a Day… Want a Deal!

I am a Woman and like me, there are countless other women out there who do not want Days to commemo

Image

My heart, my soul and all my sincerity is for this country – Ajiaz Ahmad Sarfaraz

“By serving this great country for more than three decades, I feel that the word ‘great’ fully appl

Image

Teamwork Makes The Dream Work! – Nomaan Sidiq Budroo, Captain of Kuwait U-19 Cricket Team

Kuwait Cricket’s National U 19 team returned home after their best ever performance in the ICC U 19

Image

A Walk in the Garden…

Our garden in Salmiya is an exciting learning-place… Every walk in it, teaches something every time

Image

True sense of Indian luxury at Asha’s Restaurant

Who doesn’t like a luxurious dine out once in a while with families and friends? What if it is coup

Image

Zafran Indian Bistro with innovative Indian Cuisines

Indian Cuisines are packed with interesting ingredients and enticing aromas that make it super deli

Image

New Menu at Zafran Puts Contemporary Spin on the Traditional

Fans of Zafran can rejoice as the popular Indian bistro launches a new menu this week. The front

Image

A nostalgic and delicious train journey in Kuwait at Kerala Express Restaurant

A train journey during our annual vacation in India is definitely a nostalgic experience for many o

Image

GOA FC All-India Football Tournament Capxem Boys crowned Champions

A star studded Capxem Boys were crowned champions of the first edition All India 7-aside Football T

Image

Kiff League for Jp D’mello Trophy Indian Football League Final on Friday 29th June

The much awaited JP D’Mello Rolling Trophy KIFF League final for season 2017~18 will be played on 2

Image

22 Yards Cricket Academy Summer Camp For Cricket Coaching

22 Yards Cricket Academy, a professionally run Cricket coaching center having its 16th year of succ

Image

KCWA organized ‘Play on Indoor Sports’

Kuwait Canara Welfare Association (KCWA), for the first time organized an Indoor “Play on Sports” e

Image

Don Bosco Oratory (DBO) Beat Kuwait Independents Hockey (KIH) 1/0 in The First 2018 DBO Hockey Tourunament

Kuwait, Ahmadi – 12 May 2018, in what would one say “breathless showpiece” DBO and KIH. It was anot