Archive · 14 Dec 2025
2025 Sees 18 Startup IPOs, Hefty Returns for Investors
In 2025, 18 startups in India went public, raising a lot of money and giving big returns to their investors.
Companies like Groww, Urban Company, and Meesho had successful IPOs, making a lot of money for investors like Peak XV Partners, Accel, and Y Combinator.
These investors sold parts of their shares and made huge profits.
For example, Peak XV made more than INR 2,480 Cr from four IPOs.
Y Combinator had its best year ever, making INR 1,134.69 Cr from Groww and Meesho.
Accel, Tiger Global, and Elevation Capital also did well.
Meanwhile, a new investment fund called Neon Fund raised $25 million to support tech startups.
They have already invested in 12 startups and plan to invest in more.
This shows that the startup world in India is growing and doing well.
18 startups went public in 2025, raising INR 33,000 Cr and delivering significant returns to investors.
Prominent investors like Peak XV Partners, Accel, Tiger Global, Y Combinator, and Elevation Capital realized hefty returns from these IPOs.
Peak XV Partners had the largest liquidity haul of more than INR 2,480 Cr from Groww, Pine Labs, Wakefit, and Urban Company.
Y Combinator realized INR 1,134.69 Cr from Groww and Meesho, with the highest return multiple of 109.41 times from Meesho.
Accel secured INR 524.62 Cr from Urban Company and BlueStone, while Tiger Global and Elevation Capital also had significant exits.
- Who
- Investors like Peak XV Partners, Accel, Tiger Global, Y Combinator, and Elevation Capital
- What
- 18 startup IPOs in 2025, raising INR 33,000 Cr and delivering significant returns to investors
- When
- Throughout 2025, with more IPOs expected in the last few days of the year
- Where
- India
- Why
- To provide liquidity to investors and VCs, allowing them to return money to limited partners and reinvest in the ecosystem
- Number of Startup IPOs in 2025
- 18
- Total Funds Raised
- INR 33,000 Cr
- Peak XV Partners' Largest Payout
- INR 1,582.8 Cr from Groww
- Y Combinator's Highest Return Multiple
- 109.41 times from Meesho
- Accel's Dual IPO Exits
- INR 524.62 Cr from Urban Company and BlueStone
- Tiger Global's Largest Exit
- INR 518.43 Cr from Groww
- Elevation Capital's Strongest Liquidity Year
- INR 617.34 Cr from Meesho and Urban Company
- Neon Fund's Fourth Fund Size
- $25 Mn
- Neon Fund's Investment Focus
- B2B SaaS startups leveraging AI
- Neon Fund's Investment Range
- $500K to $1 Mn per startup