India, Dec. 3 -- India's startup ecosystem hit a turning point last year, with 13 new-age tech companies, including Swiggy, FirstCry and Go Digit, going public. This IPO momentum fuelled a wave of new fund launches, with 81 VC, PE, micro and government-backed funds worth over $8.7 Bn announced during the year.

Early stage startups drew the most investor interest last year, while fintech remained the top sector of focus.

Despite a slow start to 2025, with only Ather Energy and Arisinfra going public, momentum picked up in the second half of the year, and a total of 13 new-age tech companies eventually listed on the Indian bourses.

While the public market debuts of BlueStone, Lenskart, DevX and IndiQube were relatively muted, Smartworks,...