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CarTrade Leads The Way; Ola Electric, MobiKwik Lose Spark

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With 18 new listings, 2025 was a record year for the homegrown startup ecosystem on the public markets front. New-age tech companies like Meesho, Wakefit, Lenskart, cumulatively raised a staggering INR 41K Cr from the public market via their IPOs during the calendar year. But who were the biggest gainers and losers among the new-age tech stocks in 2025? 

The going wasn’t all easy for the 31 new-age tech companies that were already listed before this year. Only 11 ended 2025 with gains in their…

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