Analysis · Professional & Local Services

JIIF event urges founders to use listing for growth

By Startup Enthusiast · 26 June 2026

What they do

JIIF is a startup incubation foundation based in Mumbai that supports early-stage companies

NSE MD Ashish Chauhan spoke at their event about using stock market listings as strategic tools

He advised founders to focus on sustainable profits and governance rather than short-term stock prices

Ashish Chauhan spoke at the JIIF Foundation Day event in Mumbai on June 26, 2026.
The event theme focused on compounding innovation through entrepreneurship across the Indian ecosystem.
Chauhan urged founders to view public listing as a strategic growth tool rather than a scoreboard.
He stated that listing brings governance improvements, credibility, and better talent attraction opportunities.
Listing provides expansion currency beyond just money for acquisitions and employee incentives.
Chauhan advised building profitable sustainable businesses instead of focusing on short-term stock price volatility.
He suggested promoters can initially offer 25% equity while retaining control over the majority.
Compliance burdens are often lower than assumed and typically handled by company secretaries.

The advice signals a cultural shift toward formalization and better corporate governance among startups.
It highlights the practical benefits of going public beyond just raising capital.
The NSE SME platform has raised over Rs 21,700 crore since its launch in 2012.

JIIF runs incubation cohorts to support early-stage startup development and scaling.
The foundation has made over Rs 60 crore in startup investments over nine years.
It operates a 5,000 sq ft incubation centre located in Mumbai.
JIIF partners with more than 20 ecosystem organizations and 30 national or regional bodies.
The foundation secured grants including Rs 5 crore from MSInS and Rs 2 crore from SISFS.