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ET Startup Awards 2025: Maturing startups celebrate being the stock of the town
The Economic Timesยท 2025-11-03 00:30
Core Insights - Listing in India is now considered more profitable and exciting than in any other global market, driven by the demand from a population of 1.4 billion people [1][9] - The transition from private funding to public scrutiny is a significant milestone for startups, with IPOs being viewed as a pit stop in a longer journey [3][9] - The Indian startup ecosystem is characterized by constant disruption, with new entrants challenging established players [4][9] Industry Trends - The fashion market in India is valued at $120 billion, with a significant influence from 400 million Gen Z consumers [5][9] - Startups are increasingly focusing on large market opportunities rather than viewing competitors as duopolies [5][9] - The recognition of startups through awards like the ET Startup Awards is crucial for validation and support in a challenging entrepreneurial landscape [7][10] Company Highlights - Urban Company was awarded Startup of the Year, reflecting its significant customer satisfaction and innovative business model [6][9] - Lenskart's founder is actively involved in the IPO process, showcasing the growing trend of public listings among Indian startups [9] - Qure.ai and Minfy Technologies received awards for their innovative approaches in healthcare and revenue growth without external funding, respectively [10]