View: The IPO rush in the US illustrates the capital opportunity the government of India is wasting

Vivek Ranadive’s Bow Capital recently floated a Special Purpose Acquisition Company (SPAC) and raised $480 million in an initial public offering (IPO). Snowflake, a cloud management company walked off with the biggest tech IPO in history, reaching a valuation of $70 billion. Many other IPOs are on track. There is …

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