Indian tech funding falls 18% to 11.7 billion yet early stage booms

Early funding jumped 33% even as total dips hard

Indian tech startups raised $11.7 billion in FY 2025-26, down 18% from the prior year, even as early-stage funding climbed 33%. India stayed the fourth-highest funded country globally. FinTech and Enterprise Applications attracted most investment, while IPOs and unicorn creation rose noticeably—signaling a shift in where and how capital is flowing.