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India's technology start-ups set to continue IPO rush into 2022

Delhivery, Snapdeal, PharmEasy, OYO and Ola are among those slated to list in the bourses in the coming year

tech firms, technology, startups
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If the fundraise with Churchill Capital materialises, Byju’s can merge with one of Churchill’s SPACs and list in the US market by mid-2022

Deepsekhar ChoudhuryPeerzada Abrar Bengaluru
Year 2021 belonged to India’s technology startups. And that's not just because they raised more than $36 billion from the private market or that 43 of them became unicorns. 

Some of the biggest tech start-ups in the country – most of them either loss-making or just about in the black – hit the bourses this year. These companies accounted for more than $6 billion of the estimated $24 billion raised by initial public offerings (IPOs) in India in 2021. 

And the IPO rush for startups is set to continue in 2022, according to industry watchers and tech entrepreneurs. While logistics