The year 2025 marked a strong comeback for tech startup IPOs in India, providing long-awaited liquidity and exit opportunities for early investors. Consumer internet, fintech, SaaS, and EV startups together raised around Rs 41,000 crore from the public markets during the year, with nearly 52% of the total coming from offer-for-sale (OFS) components. This strong tilt towards OFS highlights how 2025 effectively functioned as an exit window for early investors, venture capital and private equity investors.
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Fresh issue vs OFS
18 startups, including…

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