News > London Stock Exchange In Talks With Indian Tech Firms To List Overseas

London Stock Exchange In Talks With Indian Tech Firms To List Overseas

The government is drawing up rules to allow companies to float overseas without having to first list shares in India to help start-ups reach higher valuations and access capital more easily.

India has the world's third-largest startup ecosystem, which is expected to grow by 12-15 percent annually. In 2018, India had about 50,000 startups, of which around 9,000 were technology-focused, and many have attracted the likes of global investors SoftBank and Sequoia Capital.