India, July 2 -- While the overall investment sentiment remained largely stable in the first half of 2026 (H1 2026), investor appetite for late stage startups remained subdued.

This was particularly evident in the number of mega funding rounds during the period. Only five startups - CRED, Rapido, Spinny, Sarvam and KreditBee - secured funding rounds exceeding $100 Mn.

As per Inc42's 'Indian Tech Startup Funding Report H1 2026', the number of mega deals declined 55% from 11 recorded in H1 2025. The mega deal count decreased 29% from 7 such deals in the second half of 2025.

Overall, late stage funding declined 29% to $2.2 Bn during the period under review from $3.1 Bn in the same period last year. Median ticket size also plunged 68% YoY ...