Indian tech startups raised $10.3 billion from 1 January to 21 September 2026 (Tracxn), 7% more than the $9.7 billion of the same period a year earlier, in 1,134 funding rounds, 38% fewer than 1,838 a year earlier. Early-stage funding rose 27% to $4.2 billion and seed funding fell 37% to $698 million; there were 18 rounds of $100 million or more. Inc42, counting January to June only, puts the figure at $5.2 billion across 501 deals, 9% below the first half of 2025.
Source · Tracxn, via MediaBrief, figure for September 2026 · checked
| Period | Value (US$ billion) |
|---|---|
| Tracxn, 9M 2026 | 10.3 |
| Tracxn, 9M 2025 | 9.7 |
| Inc42, H1 2025 | 5.7 |
| Inc42, H1 2026 | 5.2 |
The two trackers count different companies over different periods: Inc42's figure is for January to June and Tracxn's is for tech companies from 1 January to 21 September, so they are not the same measure and do not subtract cleanly.
| Measure | Figure | Source |
|---|---|---|
| Tech funding, 1 Jan to 21 Sep 2026 | $10.3 billion | Tracxn, via MediaBrief, 26 September 2026 |
| Same period a year earlier | $9.7 billion | Tracxn, via MediaBrief, 26 September 2026 |
| Funding rounds | 1,134 (down 38% from 1,838) | Tracxn, via MediaBrief, 26 September 2026 |
| Early-stage funding | $4.2 billion (up 27%) | Tracxn, via MediaBrief, 26 September 2026 |
| Seed funding | $698 million (down 37%) | Tracxn, via MediaBrief, 26 September 2026 |
| Startup funding, January to June 2026 | $5.2 billion in 501 deals (down 9%) | Inc42, 30 June 2026 |
India Tech recorded 1,134 funding rounds in 9M 2026, down 38% from 1,838 a year earlier.
Indian tech firms raised a combined $10.3B in the first nine months of 2026, a 7% increase over the $9.7B raised in the same period a year earlier.
Early-stage funding rose 27% to $4.2B. Seed funding fell 37% to $698M. The period saw 18 rounds of $100M or more.
Indian tech startups attracted $10.3 billion in funding between January and September 2026, a 7% year-on-year increase.
Indian startups raised more than $5.2 Bn across 501 deals during the January-June period. The fresh capital infusion declined 9% YoY from $5.7 Bn raised in H1 2025.
$10.3 billion from 1 January to 21 September 2026, 7% more than a year earlier (Tracxn). Inc42 counts $5.2 billion for January to June.
They count different companies over different periods. Inc42's $5.2 billion is for January to June; Tracxn's $10.3 billion is for tech companies from 1 January to 21 September.
Down in Tracxn's count: 1,134 funding rounds, 38% fewer than a year earlier. Inc42's January to June count was 501 deals.
This is a best guess, not an official statistic. We recheck it quarterly. If you have a newer or better source, send it to us.
Numbers like this, sourced and dated, in the daily brief. Nine stories every morning at 09:15 IST.
Get the brief free →