Indian tech funding rises 7% as investors back fewer, bigger deals – CNBC TV18

In TrendsStock MarketNSE IPO ListingStocks to BuyOil PricesGold and SilverIndian tech funding rises 7% as investors back fewer, bigger dealsIndian tech companies raised $10.3 billion in the first nine months of 2026, but funding rounds fell 38% as investors focused on fewer, larger deals.By Navneet Singh September 24, 2026, 11:00:18 AM IST (Published)India’s technology companies raised $10.3 billion in equity funding in the first nine months of 2026, up 7% from $9.7 billion in the same period last year, according to Tracxn’s India Tech 9M 2026 Report.But the bigger story is that investors put in more money through far fewer deals.The number of funding rounds fell 38% to 1,134 from 1,838 in the same period last year. Funding was also 3% higher than the $10 billion raised in the first nine months of 2024.India was the world’s fifth-largest recipient of tech funding during the period, ahead of Germany and France, the report said. Source: TracxnHowever, funding for new companies weakened. The number of startups receiving funding for the first time fell 30% to 338, while the number of new “Soonicorns” — startups seen as potential future unicorns — fell 53%.Investors put more money into fewer startupsThe rise in funding was…

Original source: https://www.cnbctv18.com/technology/

Leave a Reply

Your email address will not be published. Required fields are marked *