INNOVATORS GROWTH PLATFORM – A GODSEND FOR STARTUPS IN THE INDIAN CAPITAL MARKET
By Pratyush Mohanty & Nigam Shah
Innovators Growth Platform is another refreshing initiative by SEBI to enhance participation of Start-ups in the Indian Capital market as it provides a great avenue for start-ups looking to raise series B and beyond. This platform can double the available capital over the next five years. It addresses a key pain-point of capital availability for start-ups raising between Rs 70 crore and Rs 200 crore. Through this article, the framework of the IGP has been simplified along with recent amendments, along with highlighting the scope for future development.
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