India’s New-Age Companies to Drive $15 Trillion Market Capitalization by 2036
Kunal Bahl, founder of Snapdeal, recently spoke at the ET Now GBS 2026, where he shared his vision for the future of India’s stock market. According to Bahl, new-age companies are expected to play a significant role in driving India’s market capitalization to $15 trillion in the next decade.
The Rise of Venture-Backed Startups
Bahl anticipates a surge of venture-backed startups entering India’s public markets over the next 10 years. This influx of new-age companies is expected to contribute significantly to the country’s market capitalization. As the Indian economy continues to grow, the demand for innovative and tech-driven solutions is on the rise. New-age companies are well-positioned to capitalize on this trend, driving growth and creating new opportunities for investors.
Addressing the Capital Gap
However, Bahl also highlighted the substantial capital gap in India compared to the US. To foster globally competitive tech giants, there is a need for larger risk capital pools. This gap must be addressed to support the growth of new-age companies and enable them to compete on a global scale. Venture capital in India is still in its early stages, but it is expected to play a crucial role in driving the growth of new-age companies.
Opportunities for Indian Investors
For Indian investors, the rise of new-age companies presents a unique opportunity to participate in the growth of the country’s economy. As these companies continue to innovate and expand, they are likely to attract significant investment from both domestic and international investors. Indian stock market trends suggest that new-age companies will be a key driver of growth in the coming years.
Challenges and Opportunities
While the growth of new-age companies presents significant opportunities, there are also challenges that must be addressed. One of the key challenges is the lack of regulatory framework to support the growth of these companies. Regulatory framework for startups is still evolving, and it is essential to create a supportive ecosystem to enable these companies to thrive.
Conclusion
In conclusion, Kunal Bahl’s prediction that new-age companies will form 10% of India’s $15 trillion market capitalization in 10 years is a testament to the growth potential of these companies. As the Indian economy continues to evolve, it is essential to create a supportive ecosystem to enable new-age companies to thrive. With the right regulatory framework and access to capital, these companies are likely to drive significant growth and create new opportunities for investors.
