Data Report
State of India Startup Funding 2026
Documented venture funding into startups headquartered in India — totals, the largest rounds, stage mix, and the quarterly trend.
Data as of September 2026 · Updated continuously · Figures in USD
$292.1B
Total Documented Funding
3,964
Funding Rounds
2,178
Companies Funded
$10.5B
Largest Round
Funding Trend
Documented capital raised per quarter. The current quarter is still filling in.
Peak quarter '25 Q4 at $18.4B. Latest complete quarter (2026Q2): ▼ 74% QoQ · ▼ 63% YoY. Current quarter (QTD) is still filling in.
Largest Rounds
The biggest documented India funding rounds. Tap any company for its full profile.
GREW
Venture Round · India
$10.5B
Feb 2026
RateGain
Growth Equity · India
$6.0B
Unknown
Blinkit
Corporate Round · India
$6.0B
Nov 2025
Reliance Retail
Private Equity · India
$5.7B
Sep 2020
Reliance Jio
Corporate Round · India
$5.7B
Apr 2020
Reliance Retail
Venture Round · India
$5.6B
Sep 2020
Global Dental Services
Growth Equity · India
$5.5B
Nov 2022
Giva
Series C · India
$5.3B
Jun 2025
Auxilo Finserve
Venture Round · India
$4.7B
Jul 2023
Jyoti CNC Automation
Venture Round · India
$4.5B
Jan 2024
Dotpe
Venture Round · India
$4.3B
Unknown
Mahindra Last Mile Mobility
Corporate Round · India
$4.0B
Jan 2024
Flipkart
Series G+ · India
$3.6B
Jul 2021
NephroPlus
Series D · India
$3.2B
Nov 2019
Fullife Healthcare
Series D · India
$3.0B
Unknown
Rounds by Stage
How documented rounds break down by funding stage.
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Methodology
Figures are aggregated from Indexed's live database of 100,049+ private companies and 22,293+ investors. Every funding round is sourced from a verifiable public record; duplicates are merged and only rounds meeting a confidence threshold are counted. Amounts are whole USD; undisclosed rounds are excluded from dollar totals but counted where noted. "Documented" means announced with a citable source — true market totals are higher. Data as of September 2026 and updated continuously. Free to cite with attribution to Indexed.