Startups raise Rs 44,000 cr from public markets in FY25, twice private capital

​The report also noted that over Rs 20,000 crore worth of secondary exits were realised by PE/VC firms through block and bulk trades, including investors such as Peak XV and TPG. Mutual fund ownership in RainGauge Index companies rose from 10% in March 2024 to 14% in March 2025, underscoring growing institutional participation and liquidity depth in the listed startup ecosystem.

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