Rishi Aswani, Managing Director in Houlihan Lokey’s Financial and Valuation Advisory business, spoke with Mint regarding the maturity of the exit ecosystem in India and Asia compared to markets like the U.S. Mr. Aswani notes that local markets have historically seen a weaker track record on exits due to less developed liquidity avenues. He highlights that for many technology and consumer internet companies, the IPO route remains the primary exit mechanism as opposed to strategic M&A, though exits to buyout funds are notably on the rise.
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