India, April 3 -- Startup IPOs, which were once a rather uncommon phenomenon, have been driving the narrative in the world's third largest startup ecosystem over the past few years. Amid growing business maturity and high market liquidity, 55 new-age tech companies have gone public in recent years.

About 18 new-age tech companies have launched IPOs since the start of 2025, amid strong investor appetite for higher-risk, high-growth bets. A critical factor underpinning a company's public market debut is the participation of large investors in its anchor round. 

Anchor investors are institutional backers in an IPO whose participation boosts credibility, demand, and investor confidence. Before an IPO opens for public subscription, a po...