Venkat Pasupuleti, Portfolio Manager for the India strategy at Dalton Investments, was recently quoted in Barron’s, discussing the surge of IPOs in India. Retail investors are currently pouring billions into mutual funds, driving up valuations for newly listed companies. While enthusiasm is high, Dalton believes in maintaining valuation discipline and waiting to pick up bargains when prices correct, as happened following the painful crash of India’s start-up cohort in 2023-2024. Read the article here (behind a paywall).
