Over Three Dozen Indian Tech Startups Poised For IPOs by 2027, Valued At $100 Billion

Mumbai, 2 April (TNA) More than 36 tech startups in India, with a combined valuation of $100 billion, are preparing to go public by 2027, signaling a resurgence in the country’s stock market, according to a leading deal adviser for internet firms.

Among the key players gearing up for initial public offerings (IPOs) are Flipkart, the Walmart Inc.-backed e-commerce giant; digital payments firm PhonePe; and hospitality startup Oyo Hotels. India, which was the world’s second-largest market for share sales last year, has seen a slowdown in IPO activity, but the upcoming listings could revive momentum.

A report by investment bank The Rainmaker Group highlights that most of these companies have successfully balanced rapid growth with profitability, a critical factor for investor confidence. The wave of new listings is expected to inject fresh energy into India's equity markets, potentially attracting global investors.

If successful, this IPO spree could mark a significant turning point for India's tech sector and reinforce its position as a global startup hub.