Whalesbook
India's tech startups have seen a windfall in 2025, raising approximately INR 33,573 Cr from 15 listings by November, surpassing last year's figures. Despite a slow start, the market rallied, leading to comparisons with the dot-com era. Experts like Sanjiv Bhatia from Axis Bank consider the trend healthy, attributing the surge to robust domestic savings inflows and a need for private equity exits, while cautioning retail investors about high valuations.