India's Digital Economy Nears $1 Tn as IPO Market Booms: BRICS TV
Ahmed Emam
India's digital economy is on a rapid growth trajectory, approaching the US$1 trillion milestone, driven by a thriving IPO market that accounted for over 30% of global listings in 2024, according to BRICS TV, the international media partner of Sada El-Balad.
The country captured 31% of the world's IPO volume last year, raising US$3 billion in total funding. Projections indicate that India's market capitalisation could reach US$13 trillion by 2030, bolstered by strong investor confidence and the rapid expansion of its startup ecosystem.
With over 100 unicorns and an expanding pool of soonicorns, Indian startups are evolving beyond hypergrowth, prioritising profitability, premium offerings, and omnichannel strategies. The IPO market saw more than 330 listings in 2024, underscoring increasing trust from both domestic and global investors.
Meanwhile, rural commerce is emerging as a key growth driver, fuelled by improved accessibility and rising consumer aspirations.
Moreover, the B2B sector is undergoing a transformation, with technology-driven supply chain innovations unlocking new global opportunities.
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