2024: The Year of Indian IPOs
• In 2024, 13 Indian startups went public and made over Rs 29,000 crore ($3.4 billion).
• These included Swiggy, Mobikwik, Ola Electric, FirstCry, Ixigo, and Unicommerce. Swiggy did well, Mobikwik was popular, and Ola
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Anonymous 2
Hey I am on Medial • 5m
Americans: Our market is dead
Indians: Hold my IPO
PhysicsWallah’s bold move to file for a ₹4,600 crore IPO amid the decline of many Indian edtech startups is a testament to their resilience and strong fundamentals. While others struggled with profitability and cash burn, PW focused on affordability,