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Indian startup IPO pipeline builds as fintechs target public markets
Indian startups, led by fintech firms, are advancing IPO plans as revenue growth and profitability improve ahead of public market listings.
Several Indian startups are preparing for IPOs, with fintech platforms leading filings and valuation discussions. Groww filed for a ₹6,600 crore issue after reporting 50% revenue growth to ₹3,901 crore in FY25. Other startups are exploring listings at valuations ranging from ₹6,250 crore to ₹71,000 crore, as investors focus on improving profitability metrics and appetite for scaled digital platforms ahead of expected public market listings.