Platforms such as Forge Global and Nasdaq Private Markets (NPM) have become key gateways to buy and sell these unlisted shares. NPM, which hosts shares of about 15,000 private firms, reported $60 billion in trading volumes. Forge’s Private Market Index — a benchmark for late-stage, venture-backed companies — has climbed 67.9% year-to-date.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj