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5 days agoIndia’s 2025 IPO wave unlocked over $32 billion in public-market value

India’s 2025 IPO cycle generated more than $32 billion in market value, driven by listings from major startups such as Groww, Lenskart and PhysicsWallah. Despite the strong volume, analysts noted that India has yet to build a $100 billion tech giant. Year-end activity was led by consumer-tech, fintech and edtech offerings, reflecting sustained investor appetite for digital-first business models.
Companies:
- Groww
- Lenskart
- PhysicsWallah
Tags:
- India IPO
- startups
Related:
Explore:Mutual Fund Tools
neutral
5 days agoIndia’s 2025 IPO wave unlocked over $32 billion in public-market value

India’s 2025 IPO cycle generated more than $32 billion in market value, driven by listings from major startups such as Groww, Lenskart and PhysicsWallah. Despite the strong volume, analysts noted that India has yet to build a $100 billion tech giant. Year-end activity was led by consumer-tech, fintech and edtech offerings, reflecting sustained investor appetite for digital-first business models.
Companies:
- Groww
- Lenskart
- PhysicsWallah
Tags:
- India IPO
- startups
Related:
Explore:Mutual Fund Tools
1 min read
61 words

India’s 2025 IPO wave created $32 billion in value with major startup listings, though the country still lacks a $100 billion tech giant.
India’s 2025 IPO cycle generated more than $32 billion in market value, driven by listings from major startups such as Groww, Lenskart and PhysicsWallah. Despite the strong volume, analysts noted that India has yet to build a $100 billion tech giant. Year-end activity was led by consumer-tech, fintech and edtech offerings, reflecting sustained investor appetite for digital-first business models.

India’s 2025 IPO cycle generated more than $32 billion in market value, driven by listings from major startups such as Groww, Lenskart and PhysicsWallah. Despite the strong volume, analysts noted that India has yet to build a $100 billion tech giant. Year-end activity was led by consumer-tech, fintech and edtech offerings, reflecting sustained investor appetite for digital-first business models.
Companies:
- Groww
- Lenskart
- PhysicsWallah
Tags:
- India IPO
- startups
- India IPO
- startups
- public markets
Related:
Nov 26, 2025 • 16:03