Late-stage Indian startups like InMobi, Zepto, and Zetwerk are increasingly securing private credit before their IPOs. This strategy allows them to buy out early investors, streamline their capital structures, and potentially increase valuations. These deals, typically costing 14-18% annually, are repaid from IPO proceeds, offering private credit funds downside protection and equity upside potential as companies prepare for public listings.
Buy selectively, focus on resilient sectors despite volatility: Manish Sonthalia
Indian markets face geopolitical and inflationary headwinds, with a prolonged economic adjustment expected until FY28. Domestic investors find opportunities in corrected valuations, focusing on resilient