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India, already an IPO bright spot, prepares for bigger surge in 2025
India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major More than 20 Indian startups, including Urban Company, Porter, OneAssist and Pharmeasy, are preparing to file for an IPO in 2025.
India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. Talking with TechCrunch, Anand Daniels, a partner at Accel whose firm saw two portfolio companies list this month, observed that “India is fast becoming a promising hub for tech IPOs driven by its strong capital markets and a thriving innovation ecosystem that continues to attract substantial investor interest.” In addition to Zepto, TableSpace, and others, Prosus-owned PayU recently announced plans for a 2025 listing, while pharmaceutical e-commerce platform Pharmeasy is preparing for an IPO following significant restructuring this year.
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