Porter in no hurry to go public, says CEO Uttam Digga
New Delhi, Aug. 10 -- Logistics unicorn Porter, backed by Tiger Global Management, isn't in a hurry to go public, its CEO and co-founder Uttam Digga told Mint. He said the company is currently focused on executing its business strategy and expanding its market share rather than setting a timeline for an initial public offering (IPO).
"We just want to focus on executing the business correctly and grow the space as much as we can. At the moment, we're not too obsessed about when to go for an IPO. We are also taking it a little slow, and I think our board is supportive enough to allow us that," Digga said.
Asked whether market conditions were influencing the company's IPO plans, Digga said Porter was financially ready to go public a year a...
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