India's IPO market stands out in 2024, with over 20 startups set to list, contrasting sharply with declining trends in the U.S., China, and Europe.
In 2024, India has seen 12 startups, including seven tech firms, go public, marking consistent growth in listings, according to Pitchbook data.
Major Indian startups like Zepto, CaptainFresh, and UrbanCompany are gearing up for significant IPOs slated for 2025, indicating strong future momentum.
Morgan Stanley analysts noted the IPO markets' slower recovery as India continues to flourish while other regions are underperforming in tech listings.
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