In an unprecedented feat, NSE successfully hosted 268 IPOs, including 90 on the mainboard and 178 on the SME platform, raising a total of ₹1.67 lakh crore. This marks a significant milestone as the highest number of IPOs facilitated in a single calendar year, reflecting the growing confidence of global and domestic investors in India’s capital markets.

On the global stage, 2024 saw a total of 1,145 IPOs, slightly lower than the 1,271 recorded in 2023. Yet, India emerged as a leader, with NSE facilitating 268 IPOs, including Hyundai Motor India Ltd.’s landmark IPO worth USD 3.3 billion—the largest IPO in India’s history and the second-largest globally for the year.

For the SME segment, companies collectively raised ₹7,349 crore (USD 0.86 billion), showcasing the platform’s robust support for small and medium enterprises aiming to scale their operations.

Sriram Krishnan, Chief Business Development Officer (CBDO) of NSE, highlighted the significance of this achievement, stating, “The record number of IPOs during this calendar year highlights the resilience and potential of the Indian economy. Companies across various sectors are recognizing the value of public markets to support their growth strategies.”

In a comparison with other leading Asian stock exchanges, such as Japan Exchange Group, Hong Kong Stock Exchange, and Shanghai Stock Exchange, Krishnan noted that NSE facilitated more IPOs than all of them combined, underlining India’s dominant position in the region.

Looking ahead to 2025, NSE has reaffirmed its commitment to strengthening its platform to enable higher capital raising and support for businesses. India’s thriving stock market is attracting an increasing number of companies eager to list their shares, many of which have already reaped significant returns post-listing.

For the uninitiated, an Initial Public Offering (IPO) is a process through which companies sell their shares to the public to raise equity capital from investors, often marking a pivotal step in their growth journey.

With such impressive achievements in 2024, NSE has cemented its role as a cornerstone of India’s economic growth and a key driver of global capital market activity.

The post NSE Sets New Record with Highest Number of IPOs in 2024 appeared first on FolksTimes.

The technology sector led the charge, attracting USD 6.50 billion, which marks a significant 52.5% year-over-year growth. Investments in the consumer discretionary sector followed closely at USD 2.30 billion, reflecting a 32.2% increase, while the financial sector saw a slight decline to USD 2.20 billion. Some of the largest deals included KiranaKart Technologies (Zepto) raising USD 1.3 billion and Poolside AI SAS securing USD 500 million.

Industry leaders are optimistic about the venture capital landscape in India continuing to grow into 2025. Experts foresee an increase in initial public offerings (IPOs) and more activity in late-stage funding rounds, as cautious investors gradually begin to deploy capital. Notable figures in the startup ecosystem, such as Bhaskar Majumdar and Sajith Pai, predict a positive shift in the market as conditions ease.

Despite concerns about India’s economic reliance on the “India1” segment—around 30 million households that significantly contribute to the country’s GDP—confidence remains strong, buoyed by strong savings rates and capital inflows. Emerging industries, including electric mobility and green hydrogen, present new opportunities, while traditional sectors like fintech and e-commerce continue to capture investor attention.

Moreover, deep tech areas such as robotics, drones, and semiconductor technologies, which are driven by intellectual property (IP), are gaining momentum. As the global landscape evolves, experts anticipate challenges and opportunities arising from shifts in international capital flows, particularly in the wake of the new US administration’s policies.

In contrast, China’s venture capital sector has experienced a notable slowdown in 2024, with 2,313 deals and USD 32.3 billion in disclosed funding between January and November, according to a report by GlobalData. This marks a significant decline, with a 23.1% drop in deal volume and a 22.5% decrease in funding value compared to the same period in 2023.

While the downturn in China’s VC ecosystem reflects a tough year influenced by regulatory crackdowns, macroeconomic challenges, and subdued market conditions, the country remains a significant player globally. China accounted for 15.2% of all global VC deals and 13.6% of total funding value during this period.

Key deals in China included substantial investments such as USD 1.5 billion raised by Changxin Technology, USD 1.4 billion secured by AVATR, and USD 1.1 billion raised by IM Motors. Despite the challenges, these deals underline China’s continued importance in the global venture capital market, second only to the United States in both deal volume and value.

As the venture capital landscape evolves in India and globally, both challenges and opportunities await investors, entrepreneurs, and industries across various sectors. The focus on high-growth areas like technology and deep tech is expected to drive further interest in Indian startups in the coming year.

The post “India’s Venture Capital Growth Soars to $16.77 Billion in 2024” appeared first on FolksTimes.