The Startup Policy Forum (SPF), a group of over 50 Indian new-age companies, has established the Centre for New-Age Public Companies (CNPC) to help startups transition from private to public markets.
As India's IPO-ready startups grow in number, the platform aims to address regulatory, governance, and market-readiness challenges.
Key Highlights
- Startup Policy Forum launches Centre for New‑Age Public Companies to assist IPO‑bound and listed startups in India.
- CNPC supports ~40 high‑valuation firms, offering regulatory guidance, toolkits, and stakeholder advocacy for smoother IPO transitions.
SEBI Chairman Tuhin Kanta Pandey attended a high-level meeting with 20 startup founders and leaders in Mumbai to formally launch the CNPC. Nearly 40 startups with a combined valuation of over $90 billion are anticipated to go public in the coming years, coinciding with the initiative.
According to Startup Policy Forum President and CEO Shweta Rajpal Kohli, "India's capital markets are undergoing a structural shift, with new-age and technology-driven businesses increasingly dominating IPO pipelines and investor interest." "The Center will improve the readiness and resilience of new-age companies as they enter and thrive in public markets," Kohli said.
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CNPC will facilitate regulatory dialogue, provide compliance and governance training, and enable peer learning and policy guidance for founders and C-level executives.
SPF members include listed startups such as Swiggy, ixigo, Ather Energy, and MobiKwik, as well as Meesho, Groww, Curefoods, Bluestone, and PhysicsWallah, which are preparing to list. The CNPC's goal is to boost market confidence, improve capital market preparedness, and empower India's next generation of public technology companies.