We will look at IPOs in a new light—not just as investment events, but as reflections of industry maturity.

The story

Remember when eating outside food was a rare treat, saved for special occasions? Today, it’s a daily habit for many, specifically if you’re an office-going person in a tier-one city.

And when shopping meant a trip to the market and investing meant a lot of paperwork because there was no other option.

From waiting for TV broadcasts to binge-watching shows, we’ve truly come a long way. What led us here?

Two things, if you observe:

  1. Technological advancements
  2. Demographic shifts

These two factors are the key drivers of long-term demand for any business or industry.

And what if both factors play in your favour?

That’s exactly what’s fueling tech-based industries like online shopping, OTTs, FinTech, etc. in India.

India’s 50% population (~70 crore people) is below the age of 25. With increasing income levels and greater convenience facilitated by the internet, the lifestyle of young Indians is transforming in unprecedented ways.

India’s National Income is expected to cross ₹3 lakh by 2030. Internet penetration is also increasing rapidly, reaching over 92 crore people.

It has unlocked immense potential for companies catering to younger, tech-savvy consumers, giving rise to a digital (or internet-based) economy.

The Digital Economy is growing at 2.8x the regular GDP, and it is projected to be one-fifth of the total GDP by 2026-27.

To conclude

From food to finances, businesses are capitalizing on these factors.

IPOs of companies like Swiggy and Mobikwik reveal more than just a company’s future—they tell the larger story of India’s digital growth and tech maturity.

Regardless of what you do with such IPOs, monitoring these trends can help you spot future opportunities as more tech-driven companies look to go public.