INDIA MARKET LENS
◆ Mixed

India’s logistics & mobility startups warm up to IPOs as investor interest gathers pace

Indian markets convened.

28 Sept 2026 · LiveMint Companies

Porter, Mahindra Last Mile and Rapido are exploring public-market listings as mobility startups continue to attract private capital and investors favour scaled businesses.

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • This is a market-wide development — its reach goes beyond any single stock.