Why Secondary Exits Have Taken Centre Stage In Q3 2025

Secondary exits have become prominent in Q3 2025, marking a shift in India’s startup funding landscape. Early investors are increasingly offloading stakes to new players, private equity firms or institutional investors, rather than waiting for IPOs or M&A. This trend reflects maturing investor expectations, liquidity focus, and evolving exit dynamics in the ecosystem. The article also discusses how these exits affect valuations, capital deployment, and investor confidence going forward.