Tech funding in India for the fiscal year 2025-26 hit $11.7 billion, marking a 20% increase from the $9.7 billion raised in FY 2023-24. According to a recent report, India ranked fourth globally in terms of funding, following the United States, the United Kingdom, and China, surpassing Germany and France.
The analysis by Tracxn revealed a significant surge in funding across various stages. Early-stage funding notably increased to $4.8 billion, up by 33% from the previous fiscal year and 37% from two years ago. Seed-stage startups secured $1.3 billion in funding.
Late-stage startups also saw substantial growth, raising $5.6 billion in FY 2025-26, a notable increase from the $4.7 billion raised in FY 2023-24. Neha Singh, Co-founder of Tracxn, emphasized the sustained investor confidence reflected in the strong momentum of early-stage investments.
The report highlighted that India witnessed 13 funding rounds exceeding $100 million in FY 2025-26. Among sectors, enterprise applications led in funding with $3.6 billion, showing a 23% increase from FY 2023-24. Fintech and retail sectors also experienced growth, securing $2.4 billion each.
In terms of exits, India’s tech ecosystem saw 129 acquisitions during FY 2025-26. The year also witnessed a surge in IPO activity, with 47 public listings recorded, marking a 52% increase from the previous fiscal year. Additionally, six unicorns were created during FY 2025-26, indicating a 50% rise compared to earlier years.
Geographically, Bengaluru maintained its position as the primary startup hub, capturing 33% of the total funding, followed by Mumbai with a 21% share.
