In today’s Tech3 from Moneycontrol, we break down why 2025 has emerged as a blockbuster year for new-age IPOs, with startups raising nearly Rs 40,000 crore as private funding slows. We also look at YouTube’s growing bet on live content and connected TVs, Kuku’s plans for a Rs 3,000 crore IPO, and why Meesho’s newly listed shares hit the lower circuit after a sharp rally.