India's start-ups fire up public markets amid valuation concerns
Published: 11/12/2025

India's start-up ecosystem is ablaze with recent IPOs including eyewear startup Lenskart and retail brokerage Groww with Pine Labs set to follow suit. The IPO rush is driven by a diverse range of tech businesses aiming to attract investors despite concerns about their high valuations. The surge in start-up listings signals a maturing of India's start-up scene following a difficult funding period, with experts highlighting improved regulation and diversified investor participation as key factors driving the IPO frenzy.



