Indian AI startups could unlock $100 billion via IPOs: Goldman Sachs

21 Oct 2026, 3:01 pm · 23h ago · 1 min read · The Economic Times

India's artificial intelligence market could add between $50 billion and $100 billion in market value through initial public offerings over the next two to five years, according to a report by Goldman Sachs. The global investment bank identified 84 private Indian AI companies holding a combined valuation of approximately $55 billion. Goldman Sachs forecasts that roughly 25% to 50% of these enterprises are positioned to make their public market debuts during this timeframe. The projection underscores growing institutional investor confidence in India’s enterprise AI and deep tech ecosystem maturing toward public listing readiness.