India’s digital economy has witnessed remarkable growth, expanding 10 times and now racing towards the $1 trillion mark. This growth is fueled by a dynamic IPO market and a flourishing startup ecosystem. A report from Redseer Strategy Consultants reveals India’s growing influence in the global market, as it continues to attract strong investor participation and is on track for a $13 trillion market capitalization by 2030.

BulletsIn

• India’s digital economy has grown 10 times, approaching the $1 trillion mark.
• The country contributed 31% to global IPO volume in 2024, raising $3 billion in fundraising.
• India aims for a $13 trillion market capitalization by 2030.
• India has over 100 unicorns, with many soonicorns (soon-to-be unicorns) emerging.
• The median revenue of unicorns has tripled since 2021, with many reaching EBITDA profitability in FY24.
• The average age of retail investors has dropped to under 30, reflecting increased participation.
• India has 350 brands generating over $100 million in revenue, indicating an under-branded market.
• Digital retail is projected to account for 12% of all retail sales by 2030, with significant growth in premium and luxury sectors.
• Rural commerce is emerging as a major investment opportunity due to greater accessibility and growing aspirations.
• India’s B2B sector is seeing a revolution, with technology-driven supply chain efficiencies creating new global opportunities.