- India’s startup ecosystem primes for massive IPO wave
- Tech listings surge defies global market trends
- Investors anticipate transformative 2025
Tech Titans Ready to Rock the Market
India is emerging as a global IPO powerhouse, defying international trends by positioning itself for a robust startup listing spree in 2025.
More than 20 startups, including Inframarket, Zetwerk, CaptainFresh, and Zepto, are preparing to go public, building on the momentum of 12 successful tech listings in 2024.
Breaking Free from Global Stagnation
Compared to other major markets experiencing significant IPO slowdowns, India stands out. The United States saw only 22 venture-backed tech IPOs in 2024, China’s listings dropped from 117 to 56, Europe remained tepid. India’s unique market conditions—strong macroeconomic growth, increasing domestic capital, and political stability—have created an unprecedented opportunity for tech companies to enter public markets.
From Scrutiny to Success
The surge comes after a period of market recalibration, where venture capitalists forced startups to improve financial fundamentals. JPMorgan’s Abhinav Bharti highlighted the market’s transformation, noting that market capitalization has doubled from $2.6 trillion to $5.3 trillion, and daily liquidity has tripled from $5 billion to $15 billion. This financial renaissance signals a promising future for Indian tech startups seeking public listings.