Archive · 30 Jul 2026
Fintech IPO Wave, Zepto Listing Delay, AI Startups Rise
A bunch of Indian tech companies are trying to go public.
Some, like PhonePe and Zepto, want to sell shares to raise money.
Zepto is thinking about delaying its sale because investors want a lower price.
The new companies are more careful, focusing on making money and having strong finances.
Other tech firms, like BharatGen and Freehand, are raising money to grow their AI tools.
A company called Rovia helps people who earn stock options in U.S. tech firms manage and grow that money.
All of these moves show how India’s tech scene is growing and changing.
Five fintech startups (Fibe, Moneyview, Navi, KreditBee, PhonePe) are preparing for IPOs, with varying timelines and regulatory approvals.
Zepto, a quick‑commerce firm, is considering delaying its IPO after investors demand a lower valuation (~₹2.5‑3 bn vs earlier ₹7 bn estimate).
The new IPO cohort focuses on profitability, diversified revenue, and stronger balance sheets, shifting valuation metrics from GMV to earnings quality.
AI and logistics startups (BharatGen, Freehand, BlackBuck) are raising capital and expanding services, while fintechs like Kissht report growing profits and customer bases.
Rovia, a cross‑border wealth‑tech platform, targets employees with US‑listed tech equity, offering regulated advisory and FX handling.
- Who
- Indian fintech and AI companies such as Fibe, Moneyview, Navi, KreditBee, PhonePe, Zepto, BharatGen, Kissht, Freehand, BlackBuck, Rovia, and Zerodha
- What
- They are preparing for IPOs, raising capital, expanding services, and facing valuation challenges
- When
- 2026‑2027, with IPO plans in 2027 and current valuation discussions in 2026
- Where
- India, on Indian stock exchanges
- Why
- Investors demand profitability and lower valuations, while companies seek capital for growth
- IPO candidates
- Fibe, Moneyview, Navi, KreditBee, PhonePe
- Zepto valuation range
- ₹2.5‑3 bn
- Zepto FY26 loss
- ₹5,095 Cr
- Kissht Q1 FY27 net profit
- ₹95.1 Cr
- BlackBuck Q1 FY27 net profit
- ₹42.2 Cr
- Rovia AUM
- $60 Mn
- BharatGen funding
- ₹718 Cr