Indian startups saw over $5 billion in exits through secondary transactions, IPOs, and block deals in 2024. This trend is expected to accelerate in 2025 with a projected doubling of IPOs. Secondary deals are providing liquidity for existing investors and entry points for new investors, even in younger companies preparing for public listings.
The liquidity brought by these secondary deals is particularly beneficial for investors looking to exit their investments while allowing new investors to enter, providing a healthy cycle of investment and growth. 2024 was notable for the maturation of India’s startup ecosystem, with numerous startups achieving significant milestones.
India’s growing unicorn landscape
The Indian startup landscape continues to attract global attention, drawing investors and creating opportunities for growth and innovation. Moreover, with India’s growing influence and expanding market, the potential for more unicorns and decacorns is becoming a reality. The thriving startup environment is poised to make larger impacts on a global scale by leveraging innovation, technology, and a robust investment pipeline.
As India steps into 2025, the momentum gathered in the previous year positions the country as a hub for robust startup activity, promising exciting developments in the near future. This has made the market more dynamic and promising for both new ventures and established businesses eyeing public listings.







