India, Oct. 10 -- India's cleantech startups attracted substantially more capital in Q3 2026, with large electric mobility rounds driving funding growth alongside an increase in deal activity.

According to Inc42's Indian Tech Startup Funding Report, Q3 2026, cleantech startups raised $433 Mn across 23 deals, compared with $118 Mn across 16 deals in the year-ago quarter. The report tracks funding announced up to September 24.

The increase stood out against a subdued funding environment. Overall startup funding rose just 5% YoY to $2.2 Bn, while funding for fintech and ecommerce startups declined 11% and 31%, respectively.

However, the cleantech funding surge was heavily concentrated in electric mobility. River raised $120 Mn, Yulu secur...