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17 April 2026 REPORTS

According to the “India Tech Annual Funding Report 2026” released by Tracxn, Indian technology start-ups raised $11.7 billion in FY26, which is an 18% decline compared to the $14.3 billion in FY25.

India is the 4th highest funded country globally, after the USA ($426 billion), the United Kingdom (UK) ($17.8 billion), and China ($15 billion). The report recorded 13 funding rounds of over $100 million, including a $710 million investment in Nxtra.

It is to be noted that there were 47 Initial Public Offerings (IPOs), marking a 52% increase from FY25, while acquisitions dropped by 15% to 129. Bengaluru remained the primary hub for technology investments, accounting for 33% of the total funding volume.