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videos | IST

Big Deal: Experts decode benefits of SPAC listing

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While India waits for the government to come up with the global direct listing norms, SPACs have become a listing of choice for many tech unicorns and green energy companies in India. ReNew Power is the first to take the plunge.

Special Purpose Acquisition Companies or SPAC listings are a big deal. These companies, listed in the US are gaining huge traction. They are popularly known as 'Blank Checks' and raised over $80 billion in the US in 2020.
While India waits for the government to come up with the global direct listing norms, SPACs have become a listing of choice for many tech unicorns and green energy companies in India. ReNew Power is the first to take the plunge.
To discuss the benefits of SPAC listing, CNBC-TV18's Nisha Poddar gets in conversation with Vivek Gupta, partner and head of M&A and PE Tax at KPMG India; Naveen Asopa, MD of Raine Group and Puja Sondhi, partner at Shardul Amarchand Mangaldas.
To know more, watch the video.