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  • 2025: When Start-ups’ Valuation Bubble Meets Profit Reality

    In 2025, India’s start-up IPO market faced a stark reality check. While valuations had soared in prior years, public investors were no longer willing to reward scale alone. Start-ups like Lenskart, Meesho, and Groww had to demonstrate not just revenue growth, but sustainable profits, transparent unit economics, and consistent contribution margins to attract investor interest

    2025: When Start-ups’ Valuation Bubble Meets Profit Reality

    BY Alka Jain

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