Bengaluru, India’s tech hub and a powerhouse for startups, secured the second spot in startup funding, while Delhi led the charts. According to Tracxn’s Geo Quarterly India Tech Report, Delhi attracted 40% of India’s total funding.

In Q1 2025, Indian tech startups raised $2.5 billion, reflecting a 13.64% rise from the previous quarter and an 8.7% increase from the same period last year. This makes India the third most-funded nation globally, surpassing Malta and Germany but trailing behind the US and UK.

Neha Singh, Co-Founder of Tracxn, highlighted that India’s startup ecosystem continues to evolve, with sectors like Auto Tech, Enterprise Applications, and Retail drawing significant investor attention. The growing number of acquisitions signals a maturing market, reinforcing India’s long-term potential.

City-wise funding breakdown:

  • Delhi: $1.0 billion

  • Bengaluru: $541 million

  • Gurugram: $193 million

  • Hyderabad: $168 million

  • Mumbai: $161 million

  • The report also revealed that three startups—Erisha E Mobility, Darwinbox, and Infra Market—secured over $100 million each, maintaining the momentum from Q4 2024 and surpassing Q1 2024.