Indian tech startups’ funding declines 18% to $11.7 billion in FY26: Tracxn

Indian technology startups’ total fundraise declined by 18 per cent to USD 11.7 billion in 2025-26, market intelligence firm Tracxn said on Wednesday.

The technology startups had raised USD 14.3 billion in the financial year 2025.

“India’s startups raised USD 11.7 billion in FY 2025-26, marking an 18 per cent decline from USD 14.3 billion in FY 2024-25, but a 20 per cent increase compared to USD 9.7 billion raised in FY 2023-24,” Tracxn’s India Tech Annual Funding Report 2026 said.

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