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Indian startup ecosystem raises over ₹29,200 cr in 2024, witnesses record 13 IPOs
The Statesman
|December 25, 2024
In a significant year for the Indian startup ecosystem, 13 new-age companies launched their initial public offerings (IPOs), as startups cumulatively raised more than Rs 29,200 crore from the stock market.
When it comes to IPOs, the figure stood at 10 in 2021, six in 2022 and six in 2023.
This year, 13 startups cumulatively raised Rs 29,247 crore from the cash market. Out of this, the fresh issue was nearly Rs 14,672 crore and Rs 14,574 crore Offer for Sale (OFS).
Dit verhaal komt uit de December 25, 2024-editie van The Statesman.
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