India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027

  • Investment bank Rainmaker sees India IPOs picking up pace
  • IPOs in India have lost steam this year as stocks have dropped

Walmart-controlled online retailer Flipkart is among the companies seeking to list in India.

Photographer: Abhishek Chinnappa/Getty Images
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More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the country’s top deal advisers to internet companies.