CONNECT WITH US
Tech

Tech

Indian tech funding rises 7% as investors back fewer, bigger deals

CNBCTV18 - Tech logo

Published on

Add as a preferred source on Google
Indian tech funding rises 7% as investors back fewer, bigger deals

Stock Market NSE IPO Listing Stocks to Buy Oil Prices Gold and Silver

Indian tech companies raised $10.3 billion in the first nine months of 2026, but funding rounds fell 38% as investors focused on fewer, larger deals.

India’s technology companies raised $10.3 billion in equity funding in the first nine months of 2026, up 7% from $9.7 billion in the same period last year, according to Tracxn’s India Tech 9M 2026 Report. But the bigger story is that investors put in more money through far fewer deals. The number of funding rounds fell 38% to 1,134 from 1,838 in the same period last year. Funding was also 3% higher than the $10 billion raised in the first nine months of 2024.

India was the world’s fifth-largest recipient of tech funding during the period, ahead of Germany and France, the report said. Source: Tracxn

However, funding for new companies weakened. The number of startups receiving funding for the first time fell 30% to 338, while the number of new “Soonicorns” — startups seen as potential future unicorns — fell 53%. Investors put more money into fewer startups The rise in funding was driven by a small number of very large deals. India saw 18 funding rounds worth $100 million or more in the first nine months of 2026. These included Nxtra’s $1 billion private-equity round, Neysa’s $600 million Series B and C rounds and CRED’s $540 million Series H round. Tracxn said many of these large deals were concentrated in areas such as AI infrastructure, digital lending and payments.


Source link
Related Topics:Tech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.