Zepto, Shiprocket, BoAT IPOs stall as new-age tech fundraise slows in 2026
Only ₹19,854 cr raised via 20 IPOs in 2026 vs ₹1.75 lakh cr from 103 IPOs in 2025, with just ₹7,456 cr from new-age tech firms. Zepto (₹11,000 cr), Shiprocket (₹2,400 cr), BoAT (₹1,500 cr), Snapdeal (₹300 cr), PhonePe and Rentomojo await better windows amid valuation reset and FII outflows.
India's new-age tech IPO market has slowed in 2026 amid valuation reset and FII outflows. Retail-relevant pipeline includes Zepto (₹11,000 cr), Shiprocket, Snapdeal, BoAT, PhonePe and Rentomojo awaiting better market windows.