India ranks third globally in tech startup funding despite year-on-year slowdown

According to a report from Tracxn, Indian tech startups raised US$4.8 billion in the first half of 2025—a 25 % drop from US$6.4 billion in H1 2024—but nonetheless moved up to the third-largest startup funding destination globally, overtaking Germany and Israel. Seed-stage funding fell 44 % to US$452 million, while early-stage fell 16 % and late-stage 27 %. The report highlights growing maturity, with sectors like transportation tech and enterprise software remaining active. Bengaluru and Delhi lead deal flow, though the number of new unicorns emerged fell to two in H1, from three in H1 2024.