Exits · Ben Buzz · Jan 1, 2026

Startup IPO Trends and Major Listings in 2025

In 2025, 18 startups, including major names like Groww and Urban Company, went public, underscoring the importance of IPOs as a key exit strategy for startups. Key Players in the 2025 IPO Landscape Among the companies that received approval from the Securities and Exchange Board of India (SEBI) to go public were Shadowfax and Shiprocket. This trend also highlighted the evolving dynamics of startup funding and exits.

In 2025, a total of 18 startups successfully transitioned to publicly traded companies, marking a significant year for initial public offerings (IPOs) in the startup ecosystem. This trend highlights the critical role that IPOs play as a central exit strategy for startups seeking liquidity and expansion opportunities.

Key Players in the 2025 IPO Landscape

Among the companies that received approval from the Securities and Exchange Board of India (SEBI) to go public were Shadowfax and Shiprocket. These companies were part of a larger movement where startups pursued public listings to capitalize on market conditions and investor interest.

Some of the major IPOs that attracted considerable attention included financial services platform Groww and home services provider Urban Company. These firms, along with others, contributed to the vibrant IPO season that was characterized by a diverse range of industries and business models.

Prominent IPOs of the Year

Apart from Groww and Urban Company, other significant startups that went public included logistics provider Shadowfax, e-commerce enabler Shiprocket, food brand Curefoods, lifestyle brand AceVector, analytics company Fractal, and media technology firm Amagi. Each of these companies brought unique offerings to the public market, reflecting the varied nature of the startup landscape.

The decision to go public was driven by a focus on cash exits, enabling early investors and founders to realize returns on their investments. This strategic move also provided these companies with the capital needed to fuel further growth and expansion.

The Role of SEBI in Facilitating IPOs

SEBI's role in facilitating these public listings was pivotal. By granting necessary approvals, SEBI ensured that companies like Shadowfax and Shiprocket could proceed with their IPOs in compliance with regulatory standards. This oversight not only protected investors but also maintained the integrity of the financial markets.

SEBI's regulatory framework provided a structured path for startups to navigate the complexities of going public, thereby encouraging more companies to consider IPOs as viable exit strategies.

Implications for the Startup Ecosystem

The wave of IPOs in 2025 underscored the growing maturity of the startup ecosystem. As more startups pursued public listings, they demonstrated their readiness to engage with broader investor bases and operate under the scrutiny of public markets.

This trend also highlighted the evolving dynamics of startup funding and exits. With IPOs becoming an integral part of startup strategies, companies were better positioned to secure substantial capital, enhance their market presence, and drive innovation across various sectors.

Overall, the 2025 IPO season served as a testament to the entrepreneurial spirit and the strategic foresight of startups aiming to scale new heights in the business world.

FAQs

How many startups went public in 2025?
In 2025, a total of 18 startups successfully transitioned to publicly traded companies.
What is the significance of IPOs for startups?
IPOs serve as a critical exit strategy for startups, providing liquidity and opportunities for expansion.
Which companies received SEBI approval for IPOs in 2025?
In 2025, Shadowfax and Shiprocket were among the companies that received approval from SEBI to go public.
How many major IPOs attracted attention in 2025?
There were 2 major IPOs in 2025 that garnered significant attention, including Groww and Urban Company.
What role did SEBI play in the IPO process?
SEBI facilitated public listings by granting necessary approvals, ensuring compliance with regulatory standards.
What factors drove startups to go public in 2025?
The decision to go public was primarily driven by the need for cash exits and the opportunity to secure capital for growth.
What does the IPO trend in 2025 indicate about the startup ecosystem?
The wave of IPOs in 2025 indicates a growing maturity in the startup ecosystem, with companies ready to engage with public markets.