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India venture debt hits 1.3 billion in 2025 as deal counts quietly cool
Business
Published on 24 April 2026

Venture debt share climbs sharply while deals shrink
Venture debt in India rose marginally to $1.3 billion in 2025, even as the number of deals fell—signaling softer startup funding momentum. Venture capital stayed broadly steady, but venture debt took a bigger slice of startup financing. Fintech led deployments, followed by consumer and cleantech, alongside strong growth credit activity.
- Venture debt reached $1.3 billion in 2025 despite fewer deals
- VC funding stayed steady as venture debt gained market share
- Fintech dominated venture debt, with consumer and cleantech following
- Growth credit also saw sizable deployment alongside venture debt
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
