List of Startups to IPO Companies
Explore India's venture-backed startups that successfully transitioned into publicly listed companies.
Explore India's venture-backed startups that successfully transitioned into publicly listed companies.
India's startup ecosystem has produced hundreds of companies that have evolved from venture-backed businesses into publicly listed enterprises. This registry documents these success stories by bringing together company profiles, funding history, major investors, IPO details, issue size, listing exchange, market capitalisation and current status in a single searchable database.
Whether you're an investor, founder, researcher, student, or market professional, this resource helps you understand how India's most successful startups made the transition from private capital to public markets.
Showing currently listed venture-backed startups in India.
| S.No | Company Name | Sector | Corporation Date | Startup Funding | Key Investors | IPO Date | IPO Size | Merchant Banker |
|---|---|---|---|---|---|---|---|---|
| 1 | Turtlemint Fintech Solutions Limited | Insurance | 07-Apr-2015 | ₹ 1836.48 Cr. | Amansa Capital, Jungle Ventures, Nexus Venture Partners | 29-Jun-2026 | ₹ 882.67 Cr. | ICICI Securities Limited |
| 2 | Recode Studios Limited | Cosmetic | 16-Jun-2021 | ₹4 crore (Est.) | Sanjay Katkar, Bestvantage Investments | 12-May-2026 | ₹ 44.59 Cr. | Seren Capital Private Limited |
| 3 | Fractal Analytics Private Limited | Artificial Intelligence (AI) | 28-Mar-2000 | ₹ 1487.84 Cr. | Spring Marketing Capital, Eternal Capital, Sun Icon Ventures | 16-Feb-2026 | ₹ 2833.90 Cr. | Axis Capital Limited |
| 4 | Aye Finance Limited | Financial Services - Fintech | 12-Aug-1993 | ₹ 886.28 Cr. | British International Investment (BII), A91 Partners, Waterfield Fund | 16-Feb-2026 | ₹ 1010.00 Cr. | Axis Capital Limited |
| 5 | Shadowfax Technologies Limited | Logistics | 21-Apr-2015 | ₹ 1658.00 Cr. | TPG NewQuest, Trifecta Capital, Nokia Growth Partners | 28-Jan-2026 | ₹ 1907.27 Cr. | ICICI Securities Limited |
| 6 | Amagi Media Labs Limited | Information Technology - SaaS | 01-Feb-2008 | ₹ 813.60 Cr. | General Atlantic, TK Kurien, Accel | 21-Jan-2026 | ₹ 1788.62 Cr. | Avendus Capital Private Limited |
| 7 | Wakefit Innovations Limited | Retail | 01-Mar-2016 | ₹ 680.89 Cr. | Investcorp, Peak XV Partners, Sequoia Capital India | 15-Dec-2025 | ₹ 1288.89 Cr. | Axis Capital Limited |
| 8 | Aequs Limited | Aerospace | 27-Mar-2000 | ₹ 368.73 Cr. | Think Investments, DSP Mutual Fund, SBI Fund Management | 10-Dec-2025 | ₹ 921.81 Cr. | IIFL Securities Limited |
| 9 | Meesho limited | E-Commerce | 13-Aug-2015 | ₹ 4588.93 Cr. | Tiger Global, Peak XV Partners, SoftBank | 10-Dec-2025 | ₹ 5421.20 Cr. | Axis Capital Limited |
| 10 | Capillary Technologies India Limited | Information Technology - SaaS | 15-Mar-2012 | ₹ 1944.51 Cr. | Avataar Ventures, Filter Capital, Innoven Capital | 21-Nov-2025 | ₹ 877.50 Cr. | IIFL Securities Limited |
| 11 | Physics Wallah Limited | Education - Edtech | 06-Jun-2020 | ₹ 4352.42 Cr. | Hornbill Capital, GSV Ventures, WestBridge Capital, Lightspeed, Setu AIF Trust, MMPL Trust, Konark Trust, Lightspeed India Partners | 18-Nov-2025 | ₹ 3480.00 Cr. | Axis Capital Limited |
| 12 | Pine Labs limited | Banking and Finance - FinTech | 18-May-1998 | ₹ 759.00 Cr. | Gaurav Munjal (unacademy), Sai Srinivas Kiran, Sriharsha Majety (Swiggy), Harsh Jain (Groww), Ankur Kathuria (Alpha Wave Global), Vitruvian Partners, Nordmann, PayPal Ventures, Actis, Temasek, Peak XV Partners | 14-Nov-2025 | ₹ 3899.91 Cr. | Axis Capital Limited |
| 13 | Groww Invest Tech Private Limited | Financial Services - Broking | 09-Jan-2018 | ₹ 1714.00 Cr. | GIC (Singapore’s sovereign fund), ICONIQ Capital | 12-Nov-2025 | ₹ 6632.30 Cr. | Axis Capital Limited |
| 14 | Lenskart Solutions Limited | Retail | 19-May-2008 | ₹ 2846.80 Cr. | Amit Choudhary (Lenskart), Neha Bansal (Lenskart), Sumeet Kapahi (Lenskart), Temasek, Fidelity, ChrysCapital, Epiq Capital | 10-Nov-2025 | ₹ 7278.02 Cr. | Intensive Fiscal Services Private Limited |
| 15 | WeWork India Management Limited | Corporate Solutions | 13-May-2016 | ₹ 500.00 Cr. | Embassy Group, WeWork Global | 10-Oct-2025 | ₹ 3000.00 Cr. | ICICI Securities Limited |
Corporation Date
07-Apr-2015
Funding Raised
₹ 1836.48 Cr.
IPO Date
29-Jun-2026
IPO Size
₹ 882.67 Cr.
Key Investors
Amansa Capital, Jungle Ventures, Nexus Venture Partners
Merchant Banker
ICICI Securities Limited
Corporation Date
16-Jun-2021
Funding Raised
₹4 crore (Est.)
IPO Date
12-May-2026
IPO Size
₹ 44.59 Cr.
Key Investors
Sanjay Katkar, Bestvantage Investments
Merchant Banker
Seren Capital Private Limited
Corporation Date
28-Mar-2000
Funding Raised
₹ 1487.84 Cr.
IPO Date
16-Feb-2026
IPO Size
₹ 2833.90 Cr.
Key Investors
Spring Marketing Capital, Eternal Capital, Sun Icon Ventures
Merchant Banker
Axis Capital Limited
Corporation Date
12-Aug-1993
Funding Raised
₹ 886.28 Cr.
IPO Date
16-Feb-2026
IPO Size
₹ 1010.00 Cr.
Key Investors
British International Investment (BII), A91 Partners, Waterfield Fund
Merchant Banker
Axis Capital Limited
Corporation Date
21-Apr-2015
Funding Raised
₹ 1658.00 Cr.
IPO Date
28-Jan-2026
IPO Size
₹ 1907.27 Cr.
Key Investors
TPG NewQuest, Trifecta Capital, Nokia Growth Partners
Merchant Banker
ICICI Securities Limited
Corporation Date
01-Feb-2008
Funding Raised
₹ 813.60 Cr.
IPO Date
21-Jan-2026
IPO Size
₹ 1788.62 Cr.
Key Investors
General Atlantic, TK Kurien, Accel
Merchant Banker
Avendus Capital Private Limited
Corporation Date
01-Mar-2016
Funding Raised
₹ 680.89 Cr.
IPO Date
15-Dec-2025
IPO Size
₹ 1288.89 Cr.
Key Investors
Investcorp, Peak XV Partners, Sequoia Capital India
Merchant Banker
Axis Capital Limited
Corporation Date
27-Mar-2000
Funding Raised
₹ 368.73 Cr.
IPO Date
10-Dec-2025
IPO Size
₹ 921.81 Cr.
Key Investors
Think Investments, DSP Mutual Fund, SBI Fund Management
Merchant Banker
IIFL Securities Limited
Corporation Date
13-Aug-2015
Funding Raised
₹ 4588.93 Cr.
IPO Date
10-Dec-2025
IPO Size
₹ 5421.20 Cr.
Key Investors
Tiger Global, Peak XV Partners, SoftBank
Merchant Banker
Axis Capital Limited
Corporation Date
15-Mar-2012
Funding Raised
₹ 1944.51 Cr.
IPO Date
21-Nov-2025
IPO Size
₹ 877.50 Cr.
Key Investors
Avataar Ventures, Filter Capital, Innoven Capital
Merchant Banker
IIFL Securities Limited
Corporation Date
06-Jun-2020
Funding Raised
₹ 4352.42 Cr.
IPO Date
18-Nov-2025
IPO Size
₹ 3480.00 Cr.
Key Investors
Hornbill Capital, GSV Ventures, WestBridge Capital, Lightspeed, Setu AIF Trust, MMPL Trust, Konark Trust, Lightspeed India Partners
Merchant Banker
Axis Capital Limited
Corporation Date
18-May-1998
Funding Raised
₹ 759.00 Cr.
IPO Date
14-Nov-2025
IPO Size
₹ 3899.91 Cr.
Key Investors
Gaurav Munjal (unacademy), Sai Srinivas Kiran, Sriharsha Majety (Swiggy), Harsh Jain (Groww), Ankur Kathuria (Alpha Wave Global), Vitruvian Partners, Nordmann, PayPal Ventures, Actis, Temasek, Peak XV Partners
Merchant Banker
Axis Capital Limited
Corporation Date
09-Jan-2018
Funding Raised
₹ 1714.00 Cr.
IPO Date
12-Nov-2025
IPO Size
₹ 6632.30 Cr.
Key Investors
GIC (Singapore’s sovereign fund), ICONIQ Capital
Merchant Banker
Axis Capital Limited
Corporation Date
19-May-2008
Funding Raised
₹ 2846.80 Cr.
IPO Date
10-Nov-2025
IPO Size
₹ 7278.02 Cr.
Key Investors
Amit Choudhary (Lenskart), Neha Bansal (Lenskart), Sumeet Kapahi (Lenskart), Temasek, Fidelity, ChrysCapital, Epiq Capital
Merchant Banker
Intensive Fiscal Services Private Limited
Corporation Date
13-May-2016
Funding Raised
₹ 500.00 Cr.
IPO Date
10-Oct-2025
IPO Size
₹ 3000.00 Cr.
Key Investors
Embassy Group, WeWork Global
Merchant Banker
ICICI Securities Limited
Showing 1 to 15 of 39 companies