Every year, companies and startups get listed, and in 2024, there were 12 startups that went public. Venture capital firms earned worth $4 Billion in
returns through these startups (source).
The rise of startup IPOs indicates the growing startup ecosystem and opportunities for investors to secure better returns from newly listed startups
in India. As per reports, 25 startups are set to go public in 2025. So, we have listed the top startups in India that you should know as investors.
Why Invest in Newly Listed Startups in India?
Before we explore the top listed startups in India, let’s understand the benefits of investing in newly listed startup companies in India.
● Early-stage growth potential of the new Indian startups makes them lucrative investments. These startups when invested in early give higher returns.
● Newly listed startups registered in SEBI follow strict regulations, making them most trustworthy for secure funding.
● Publicly listed startups offer investors the flexibility to buy and sell their shares. It helps them liquidate their funds quickly, unlike private investments.
Top Newly Listed Startups in India
Startups like BoAt, PhysicsWallah, Ofbusiness, CarDekho, Zepto, and Zetwerk are a few prominent names likely to go public in 2025. While for these startup IPOs can be uncertain, there are some promising ones that you must look forward to. Following is the list of startup companies in India that got a green signal from SEBI to raise public funds.
Note: The following list is for reference purposes and is not ranked based on many factors.
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Ather Energy
Arther Energy is a leading electric two-wheeler producer in India. The unicorn startup was founded by Tarun Mehta and Swapnil Jain, IIT Madras alumni, in 2013 in Bengaluru. They created unique e-scooters to reduce the environmental impact. Investors like Sachin Bansal, Nikhil Kamath, NIIF, and Hero Motocorp have backed them. SEBI has approved Arther Energy to issue public shares worth Rs. 3,100 Crore and OFS shares worth Rs. 2.2 Crore in December 2024. Arthur Energy is all set to offer the IPO for public funding in 2025. If you want to invest in the EV sector, consider Arther Energy IPOs.
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Avanse
Avanse is a non-banking finance company (NBFC) with a niche that offers educational loans to students and institutional loans to educational and training institutes. It is one of India’s top education loan providers, dedicated to making education accessible to students.
Amit Gainda and Olive Vine Investment Ltd. are the primary promoters of Avanse. Warburg Pincus, Kedaara Capital, Mubadala Investment Company, and International Finance Corporation (IFC) have backed Avanse with investment. In October 2024, SEBI approved Avanse to issue IPO shares worth Rs. 3500 Crore.
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Ecom Express
Ecom Express is a soonicorn logistic startup in india. They provide AI and other advanced technology-driven end-to-end logistic and supply chain solutions to retail and e-commerce companies. Manju Dhawan, K. Satyanarayana, Late T. A. Krishnan and Late established the startup. Sanjeev Saxena in 2012 in Haryana. Peepul Capital, British International Investment, and Warburg Pincus have funded Ecom Express. SEBI approved Ecom Express to issue IPO shares worth Rs. 1,284.5 crores.
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Smartworks
Smartworks provides tech-savvy co-working offices to businesses of all sizes. Neetish Sarda and Harsh Binani co-founded the startup. They have a presence in India and Singapore, providing a customizable office space for businesses to help them manage their operations and connect with other companies and entrepreneurs.
Many angel investors and institutional investors like Keppel, Ananta Capital, Kili Ventures, and Vision Comptech have invested in Smartworks. SEBI gave Smartworks the green signal to raise funds worth Rs. 550 crores through IPO.
For more insights on the Indian startup ecosystem, stay tuned to 21BY72. We are a group of angel investors dedicated to connecting entrepreneurs, investors, and industry experts to help the Indian Startup Ecosystem thrive!
We organize the Global Startup Summit annually to facilitate networking in the startup ecosystem. The summit includes exhibitions, pitching events, panel discussions, and expert speeches to give entrepreneurs and investors valuable opportunities to learn about market opportunities in diverse sectors.
Conclusion
The pre-IPO investment is gaining popularity in India due to its returns. Investing in newly listed startups in India helps you leverage its growth potential. Furthermore, the SEBI-approved startups follow the regulatory framework, offering a secure investment alternative to the investors. The
pre-IPO investment is liquid, and the investors can later buy and sell the shares. As per reports, there are about 25 startups going public. We discussed a few startups, like Ather Energy, Avanse, Ecom Express, and Smartworks, who got a nod from SEBI to issue IPO shares in the market. A few more startup IPOs you can look forward to are Zepto, Ofbusiness, BoAt, Pine Labs, and more.
FAQs
1. Why should investors look out for newly listed startups in India?
The newly listed startup company in India have high-growth potential and a profitable business model. Both of these scenarios create a high-growth
investment opportunity for the investors. Investing in pre-IPO startups helps you liquify your investment in a shorter time. The listed startups have
innovative products accepted by the target audience, indicating the growth rate of the startups. Investors must analyze their financial records, market potential, and operation management to ensure the startup is worth investing in.
2. Which are the new Indian startups that secured funding recently?
Keeping track of recently funded startups can help you identify the top sectors and startups for your investment portfolio. Zepto secured $350 Million in its Series G funding in November 2024. B2B Ecommerce startup Ofbusienss secured ₹49.6Cr from 6 Angel investors in October 2024. Leading Edtech startup Physics Wallah secured Series B funding worth $210 Million in September 2024. Bluestone secured a Series D investment worth $71.5 Million in August 2024. All of these startups are ready to list as public companies in 2025.
3. What is the list of startup companies in India going for IPO in 2025?
According to the Money Control reports, are 25 startups ready to go public in 2025 by offering an IPO. The top sectors based on these startups are Fintech, D2C, B2B Ecommerce, Logistics, Co-working, and EV. A few companies already listed with SEBI are Arther Energy, ArisInfra, Avanse, Aye Finance, Zappfresh, Ullu Digital, Smartworks, Ecom Express, Bluestone, and DevX. Zepto, Pine Labs, PayU, BoAt, and InCred are other startups expected to issue IPO.
4. What is the pre-IPO stage of a startup?
In the pre-IPO stage, the startups plan to go public and need the funds to strengthen their valuation and regulatory framework. The pre-IPO investors get access to shares at lower valuation, resulting in more profits once the startup goes public. This funding is raised from VC firms, private equity investors, and institutional investors. The goal is to help startups create a good market image to raise intended funds from IPO.
