India tech funding hits $10.3 billion despite fewer deals: Where is the money going?

India’s technology sector has managed to raise a total of $10.3 billion in equity funding in the first nine months of 2026, up 7% from $9.7 billion a year earlier. This comes even as investors are becoming more selective and are concentrating the capital in fewer, larger companies

According to Tracxn data, a total of 1,838 rounds of funding came through in the first nine months of 2025, while only 1,134 rounds of funding took place this year. However, 18…