Sanjeev Bikhchandani: India Poised to Be Global IPO Hub for Startups

• Sanjeev Bikhchandani, Info Edge founder, is optimistic about India's startup growth and its potential as a global IPO destination if SEBI acts correctly.
• He identified the lack of attractive VC exits as a major challenge, with strategic sales often failing to provide good valuations and limited IPO opportunities previously.
• 2025 saw a strong IPO year, including new-age companies, with a robust pipeline expected for 2026, indicating rising investor confidence.
• India holds a unique advantage for companies with sub-$4 billion market caps, offering better visibility, investor interest, and liquidity globally.
• The primary market recorded a record-breaking $21.8 billion raised in 2025, a 6.5% YoY increase, with 9% more IPOs than the previous year.

Why It Matters: India is emerging as a strong global IPO hub for startups, especially for mid-sized firms, despite past VC exit challenges.