Major investors that participated in Indian IPOs this year include Japan’s SoftBank, International Finance Corp., Singapore’s Temasek Holdings, Prosus NV, and Y Combinator. Venture capital and growth fund Peak XV Partners sold shares worth nearly ₹2,700 crore through the IPOs of its portfolio companies such as Pine Labs Ltd, Meesho Ltd, Wakefit Innovations Ltd, and Groww’s parent Billionbrains Garage Ventures Ltd.
PE/VC stake sales in Indian IPOs hit four-year high even as their market share shrinks to a decade low
