Indian accredited investors have shown a significant increase in interest to invest in pre-IPO technology companies, according to a report by Crystal.AI, a digital-first global private wealth management platform. In the last three quarters, Crystal Private Markets’ AUM from pre IPO deals reached $25 million, showing a growth of 14X.
Since its launch in late 2020, the Crystal Private Markets (KPM) offering has traded over 15 private market deals in new age, high conviction businesses such as Byju’s, Udemy, Dunzo and Stockl along with market leaders such as NSE. Investment facility is provided. KPM provides access to deals in sectors such as stock exchange, edtech, fintech, crypto-exchange, foodtech and neo-banking.
With the recent blockbuster IPO of food delivery giant, Zomato and several upcoming IPOs from companies like Paytm, MobiKwik, Delhivery, Nykaa, the demand for pre-IPO investment opportunities has increased significantly.
Ashish Chanda, Founder and CEO, Crystal.AI, said, “With the strong economic recovery and strong growth in start-up funding, accredited investors are now looking to increase their participation in the pre-IPO investment space. At crystal.ai, we strive to make such unique opportunities accessible to affluent investors by identifying attractive pre-IPO deals, conducting our due diligence and then negotiating prices that are attractive to our investors.”
Crystal.AI is a digital-first private wealth advisory and fund management group, serving globally affluent clients to meet their diverse investment needs.
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