India tech funding hits $10.3 billion despite fewer deals: Where is the money going?
New Delhi, Sept. 24 -- India's technology sector has managed to raise a total of $10.3 billion in equity funding in the first nine months of 2026, up 7% from $9.7 billion a year earlier. This comes even as investors are becoming more selective and are concentrating the capital in fewer, larger companies
According to Tracxn data, a total of 1,838 rounds of funding came through in the first nine months of 2025, while only 1,134 rounds of funding took place this year. However, 18 mega-rounds of $100 million or more helped push overall funding higher. Nxtra was the biggest winner with a $1 billion private-equity round for data-centre expansion, followed by Neysa's $600 million Series B and CRED's $540 million Series H.
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