AI IPOs Could Add $100B to Indian Markets: Goldman Sachs

21 Oct 2026, 6:01 pm · 20h ago · 1 min read · Cityairnews

India's artificial intelligence ecosystem could contribute between $50 billion and $100 billion to the country's listed market capitalization over the next two to five years, according to a report by Goldman Sachs. The report highlights that 25% to 50% of approximately 70 mid-to-late-stage private Indian AI startups may pursue initial public offerings during this timeframe. These public listings are projected to occur at valuations averaging nearly four times their current worth, expanding India's listed AI market across multiple value-chain segments.