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1 Startup funnel

India's startup funnel

Companies headquartered in India at each stage today, by total VC raised. Hover or tap a bar for the split.

7,258
Startups
$100K–15M raised

3,403 pre-seed · 2,342 seed · 1,513 Series A

1,154
Breakouts
$15–100M raised

745 Series B · 409 Series C

341
Scaleups
$100M+ raised

207 Mega · 134 Mega+

155
Unicorns and/or $100M+ revenue

117 valued at $1B+ · 115 with $100M+ revenue · 77 both

Source: Dealroom.co

2 Latest quarter

India's latest quarter in venture capital

Venture capital raised by India-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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3 Enterprise value

How much India’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in India, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

4 VC investment

How much venture capital flows into India

VC investment into India-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

5 Largest rounds

Largest funding rounds in India

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in India, grouped by Dealroom sector.

Largest rounds in India - 2024–2026

Every $100M+ VC round into India-headquartered companies in 2024–2026, grouped by Dealroom sector.
- rounds · - raised
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6 Startup hubs

Inside India: 8 startup hubs, 2,403 universities

Hubs are sized by combined enterprise value; universities and research institutes by the startup founders they produced. Hover any point for its numbers; the lists rank hubs by EV and universities by founders.

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By enterprise value · 5-yr growth
1 Bengaluru $298B 6.4× 5-yr
2 Mumbai $244B 15× 5-yr
3 Delhi $229B 6.1× 5-yr
4 Pune $36.9B 12× 5-yr
5 Chennai $30.4B 6× 5-yr
6 Hyderabad $30.2B 6.6× 5-yr
7 Jaipur $9.8B 12× 5-yr
8 Ahmedabad $8.6B 11× 5-yr

7 Founder origins

Where India's unicorn founders build

638 founders born in India are behind 323 unicorns; 61% of those were built in the US. Origins are resolved from biography and education history, not current address. Compare with the other origin countries in Asia, ranked by founders or per 1M inhabitants.

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8 Location comparison

Unicorns, decacorns and centicorns — India in a global comparison

Companies count where they were founded or are headquartered. Values are per 1M people or totals, as a share of the US (US = 100%) or absolute; bars scale to the largest value in each column. Hover any value for the per-1M rate and absolute count.

9 Patent intelligence

India startup IP portfolio: 26K patent families

Granted patent families assigned to startups headquartered in India. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
26K
Filed by tracked startups headquartered in the country.
18.0 patents per million residents · #44 globally
Top patenting hubs
1 Mumbai Metropolitan Region 15.6K
2 Pune Metropolitan Region 3,377
3 Greater Delhi 2,984
4 Bengaluru Metropolitan Area 2,267
5 Hyderabad Metropolitan Region 766
6 Ahmedabad 706

10 Sector concentration

Where India punches above its weight

Sectors in which India's share of the global unicorn pool is bigger than its overall share. A 5× over-index means India is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

🎓 Edtech
6.00×
7 unicorns · 18.4% of global sector
3.35×
18 unicorns · 10.3% of global sector
🥗 Food
2.91×
5 unicorns · 8.9% of global sector
1.71×
16 unicorns · 5.2% of global sector
❤️‍🩹 Health Tech & Medtech
1.38×
6 unicorns · 4.2% of global sector
💸 Fintech
1.33×
13 unicorns · 4.1% of global sector
1.25×
1 unicorns · 3.8% of global sector
🤖 AI
0.92×
9 unicorns · 2.8% of global sector

Get the full India ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.