TechCrunch Startup News India, already an IPO bright spot, prepares for bigger surge in 2025
Dec 2, 2024
India is emerging as a bright spot in the global IPO landscape, defying trends that challenge other markets. The podcast delves into the flourishing tech sector, with a notable focus on upcoming public offerings like Swiggy. A significant wave of IPOs is anticipated in 2025, showcasing India's resilience and potential. This rapid growth positions the nation as a key player in the startup world, ready to capitalize on shifting economic tides.
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India vs Global IPOs
- India's tech IPOs are growing, unlike other markets like the U.S., China, and Europe.
- The U.S. and China have seen declines, while Europe has only slightly more tech IPOs than India.
IPO Market Slowdown and Swiggy's Success
- The IPO market's slow opening is attributed to many unicorns still being unprofitable, despite improvements since 2022.
- Swiggy's $1.35 billion listing stands out as the largest global tech IPO this year.
India's Evolving IPO Landscape
- India's strong capital markets and innovation ecosystem attract investors, making it a promising tech IPO hub.
- This is a shift for the Indian market, previously hampered by limited exit opportunities and investor skepticism towards loss-making companies.