India, Dec. 22 -- Initial public offerings (IPOs) headlined the Indian startup ecosystem in 2024. Thirteen new-age tech companies went public this year and raised a cumulative INR 29,000 Cr in total from their public listings.
Buoyed by healthy activity in the markets and positive performance of already listed startup stocks, almost all new-age tech companies, from foodtech major Swiggy to insurtech giant Go Digit General Insurance, made their public market debuts in 2024 at a premium over their issue prices.
This came on the back of a positive market sentiment, growing investor appetite for new-age tech IPOs, and inflows from foreign institutional investors.
The 2024 IPO wave also provided high returns for venture capital (VC) and pri...
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