Startup initial public offerings (IPOs) were a rage in India in 2024. As many 13 new-age tech companies listed on the bourses last year and cumulatively raised INR 29,070 Cr via their public listing.
From sector giants Swiggy and FirstCry to SME maverick TAC Infosec, 2024 was abuzz with healthy activity on the IPO front. Not just this, public listings also proved to be money makers for the early backers of these companies, with some VCs and PEs minting returns of over 30X.
While 2024 was a blockbuster year for Indian startup listings,…