A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho have made standout returns, while late-stage investments have delivered mixed outcomes. As IPO lock-ins expire, public-market price discovery is showing which private valuations hold up and how investors are cashing out.

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho have made standout returns, while…

Happy Friday! Block deals are putting startups private valuations to the test. This and more in todays ETtech Morning Dispatch.