Indian startup funding in 2026, month by month
By Abha Lohia · Editor · Updated
Indian startups raised $20.28 billion across 1,282 funding rounds from January to October 2026, by StopDown's count, plus $475 million across 26 rounds so far in November. August 2026 was the biggest month ($3.29 billion); February 2026 had the most rounds (158).
Changed this week: 6 new rounds counted since 5 November 2026: Arka Fincap, Hical Technologies, TASE Global, altM, Cosmoserve Space and more.
Month by month
| Month | Raised | Rounds | Seed-stage | Median round | vs previous month | Report |
|---|---|---|---|---|---|---|
| November 2026 (so far) | $475 million | 26 | 10 | $6M | — | This week |
| October 2026 | $1.53 billion | 127 | 50 | $4.1 million | -16% | Report · CSV |
| September 2026 | $1.82 billion | 130 | 54 | $4.5 million | -45% | Report · CSV |
| August 2026 | $3.29 billion | 139 | 45 | $6.3 million | +116% | Report · CSV |
| July 2026 | $1.52 billion | 113 | 52 | $5.0 million | -51% | Report · CSV |
| June 2026 | $3.09 billion | 112 | 41 | $5.7 million | -4% | Report · CSV |
| May 2026 | $3.23 billion | 107 | 38 | $3.7 million | +175% | Report · CSV |
| April 2026 | $1.17 billion | 118 | 49 | $2.8 million | -32% | Report · CSV |
| March 2026 | $1.72 billion | 134 | 48 | $3.9 million | +53% | Report · CSV |
| February 2026 | $1.12 billion | 158 | 75 | $2.3 million | -37% | Report · CSV |
| January 2026 | $1.79 billion | 144 | 60 | $3.4 million | — | Report · CSV |
Download every 2026 round (CSV) (1308 rows, free to reuse with a link to StopDown)
The ten biggest rounds of 2026
| # | Date | Company | Round | Stage | Investors | Source |
|---|---|---|---|---|---|---|
| 1 | 21 May 2026 | NNNeysa Networks | USD 1.2 billion | growth | Blackstone, Teachers' Venture Growth, TVS Capital +2 | Story → |
| 2 | 22 Jun 2026 | CRCRED | $900 Mn | Series H | Meta | Story → |
| 3 | 2 Mar 2026 | CA Cars24 | ₹3,500 Cr | Series F | MARS Unicorn Fund | Story → |
| 4 | 3 Aug 2026 | SA Sarvam AI | $300 million | Series B | HCLTech, Bessemer Venture Partners, Activate +3 | Story → |
| 5 | 14 May 2026 | SASarvam AI | $300M | Series B | HCLTech, Bessemer Venture Partners, Nvidia +6 | Story → |
| 6 | 8 May 2026 | Z4Z47 | $300M-$400M | maiden independent fund | Story → | |
| 7 | 22 Aug 2026 | WF Wispr Flow | $280 Mn | Series B | Menlo Ventures, Peak XV Partners, Together Fund +1 | Story → |
| 8 | 8 Apr 2026 | KRKreditBee | $280 Mn | Series E | Motilal Oswal Alternates, Hornbill Capital, Dragon Funds +4 | Story → |
| 9 | 13 Aug 2026 | INInnovaccer | $275M | series f | B Capital Group, Tiger Global Management, Steadview Capital +1 | Story → |
| 10 | 12 Jan 2026 | RA | INR 2,400 Cr | Series E | Story → |
Where the money went
| Sector | Rounds | Raised | Share |
|---|---|---|---|
| AI & Deep Tech | 166 | $4.57 billion | 22% |
| Financial Services | 112 | $3.89 billion | 19% |
| Commerce & Consumer Brands | 306 | $3.24 billion | 16% |
| Mobility & Logistics | 81 | $2.67 billion | 13% |
| Healthcare & Life Sciences | 125 | $1.54 billion | 7% |
| Enterprise Software & IT | 113 | $1.50 billion | 7% |
| Professional & Local Services | 81 | $980 million | 5% |
| Climate, Energy & Sustainability | 54 | $743 million | 4% |
Questions people ask
How much have Indian startups raised in 2026?
$20.28 billion across 1,282 rounds from January to October 2026, counting rounds with a disclosed amount that StopDown covered. The monthly reports carry the full list and a CSV.
Which month of 2026 saw the most startup funding in India?
August 2026, with $3.29 billion across 139 rounds, led by Sarvam AI ($300 million).
Why do these totals differ from other trackers?
Trackers count differently: some include debt, planned raises and rounds by listed companies, some count only equity. StopDown counts closed rounds it reported, one per company per month, at the amount reported on the day. The method note below has the rules.
How this page is counted
StopDown counts a round when the company announces it or a reliable outlet reports it. Amounts are as reported on the day, converted at a fixed rate where only rupees were given; talks, planned raises and proposals are left out until they close, as are capital moves by listed groups. One round per company per month. Every row links to the StopDown story, which links to the articles it was written from. Figures can change as companies update them. Full method →
Read next: more trackers
Startup funding this week · Biggest rounds of 2026 · Most active investors of 2026 · Seed rounds of 2026 · Funding by sector, 2026 · AI startups funded in 2026 · All trackers