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60+ listed new-age tech firms hit $141 Bn m-cap; Lenskart, Meesho, Urban Company headline 2025-26 IPO wave
Inc42's tracker of 60+ listed Indian new-age tech firms shows $141 Bn cumulative m-cap, with retail-relevant names like Lenskart, Meesho, Nykaa, Swiggy, FirstCry, Honasa, Urban Company and Bluestone; 18 IPOs in 2025, six already in 2026.
Reported figures
From the report. Source details below
| Lenskart FY25 PAT | ₹297 Cr |
|---|---|
| Urban Company FY25 PAT | ₹240 Cr |
| Meesho FY25 sales | ₹9,390 Cr |
| Nykaa FY25 sales | ₹7,950 Cr |
Also in the report
- ~15 startups in IPO pipeline
Other figures
- 6 IPOs in 2026
- 64% profitable
The source
First seen