India's Startup IPO Machine Cranks Into High Gear as Funding Rebounds

India's startup IPO market is running on all cylinders. Furniture rental startup RentoMojo closed its ₹1,256 Cr IPO with a blockbuster 72.88X overall subscription — led by a monster QIB response and 15.59X retail — even as five other mainboard issues competed for attention the same week. The grey market premium sits at a juicy 37%, signaling a potentially explosive listing. Meanwhile, ESDS Software has surged 306% from its IPO price of ₹429 in just six...