Such a platform was developed to aid listing of new age companies in sectors such as IT, ITES, Biotechnology and Life Sciences, 3D printing, Space Technology, Hi-tech Defense, Drones, e-gaming, Robotics and E-commerce. The platform helps to raise equity capital for trade expansion. It enhances the credibility of the associated firm by making sure that the firm’s operations are transparent. It also helps in building confidence among customers and investors. The platform allows loss-making startups to also join them and launch their IPOs. These startups can raise capital from venture capital and private equity firms rather than from the public alone. Depending on the performance of the stock, startups can migrate to the main board of the stock exchange after two years. It helps startups to grow and create meaningful economic impact.