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Retailopædia

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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 pegs 60+ listed Indian new-age tech companies at a cumulative $141 Bn m-cap, with 64% now profitable. 18 IPOs landed in 2025 and six more in 2026, with ~15 still in the pipeline. Retail-heavy names lead: Lenskart FY25 PAT ₹297 Cr, Urban Company ₹240 Cr, Meesho sales ₹9,390 Cr, Nykaa ₹7,950 Cr.

Inc42 tracker: 60+ listed Indian new-age tech firms at $141 Bn m-cap, 64% profitable; Lenskart, Meesho, Urban Company lead 2025-26 IPO wave.

Inc42 · Buzz · 5/16/2026, 1:03:32 PM · Ask about this →

Inc42 Tracker Eternal FirstCry Lenskart Meesho Nykaa Swiggy