Bengaluru: India’s digital economy has experienced a remarkable growth, expanding tenfold and approaching the $1 trillion milestone, according to a recent report. The country accounted for 31% of the global IPO volume last year, raising $3 billion in total fundraising. India is aiming to reach a $13 trillion market capitalization by 2030, driven by strong investor participation. The report, launched by Redseer Strategy Consultants, highlights that India’s startup ecosystem is moving beyond hypergrowth, focusing on profitability, premiumization, and omnichannel strategies.
India saw over 330 IPO listings in 2024, contributing more than 30% of global IPO volumes. The median revenue of unicorns has tripled since 2021, with many now achieving EBITDA profitability in FY24. Additionally, the number of retail investors in India has surged, with the average age of investors dropping from 42-44 years to below 30.
The report also noted that India has 350 brands generating over $100 million in revenue, showcasing the underdeveloped nature of the market, where many sectors remain fragmented and dominated by unorganized players. It also predicted that digital retail will represent 12% of all retail sales by 2030, unlocking substantial opportunities in the premium and luxury segments.
Rural commerce is also emerging as a key investment area, driven by improved accessibility and rising aspirations. India’s B2B sector is experiencing a technological revolution, enhancing supply chain efficiencies and creating new global opportunities.
Anil Kumar, CEO of Redseer Strategy Consultants, emphasized that the next decade will be crucial for companies that focus on omnichannel strategies, premiumization, and capital efficiency. The report stresses that founders, investors, and industry leaders must be equipped with actionable insights to ensure long-term success in India’s rapidly evolving digital landscape.