India Tech Unicorns & Exits: 2025
The year 2025 marked a defining moment for the Indian startup ecosystem, as the country led the global charts with 254 IPOs. The tech sector specifically witnessed a surge in liquidity with 20 new listed VC-backed startups, pushing the market capitalisation of listed tech companies to nearly $175 billion. The ecosystem’s maturity was further highlighted by the emergence of 9 new unicorns, including the country's first AI unicorns, bringing the total count to 133. With 28 profitable unicorns and over 360 acquisitions, the year underscored the robust scale, profitability, and exit momentum of India's technology sector.
In our 8th Annual India Tech Unicorn and Exits Report, we have compiled the story from many angles, such as:
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Biggest sectors
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Largest Exits and Acquisitions
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VC-backed tech startups market cap
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Number of years to turn unicorn and IPO
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Global IPO Market
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Deep Tech & AI Breakthroughs
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Profitable Unicorns
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and much more....



