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India

Asia · Pop. 1450.9M · #4 startup ecosystem by EV

A public taster of the full India ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

1 Overview

8,489 Pool of Funded Startups
4,837 Annual Startups FoundedAll new ventures
1,020 Annual Startups FundedReceived investment
get funded 21%
3,300 Pre-Seed Startups$100K–1M
2,259 Seed Startups$1–4M
Pre-Seed to Seed 25%
1,479 Series A Startups$4–15M
Seed to Series A 27%
715 Series B Breakouts$15–40M
A to Series B 41%
400 Series C Breakouts$40–100M
B to Series C 41%
204 Mega Scaleups$100–250M
reach Mega 2.4%
132 Mega+ Scaleups$250M+
reach Mega+ 1.6%
121 Unicorns($1–10B valuation)
reach Unicorn 1.4%
9 Decacorns($10–100B valuation)
reach Decacorn 0.11%
Pre-Seed
3,300
Seed
2,259
Series A
1,479
Series B
715
Series C
400
Unicorn
121
Decacorn
9

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

2 Largest rounds

Largest funding rounds in India

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a India-headquartered company, 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
Live from Dealroom API Open full VC dashboard

3 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 $293B 6.3× 5-yr
2 Mumbai $244B 15× 5-yr
3 Delhi $228B 6.1× 5-yr
4 Pune $36.8B 12× 5-yr
5 Chennai $30.3B 6× 5-yr
6 Hyderabad $28B 6× 5-yr
7 Jaipur $9.8B 12× 5-yr
8 Ahmedabad $8.6B 11× 5-yr

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 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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6 Location comparison

How India stacks up

Compare India with similarly sized ecosystems in Asia — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$5.8T
India
$923B
$598B
$432B
$321B
$229B
$179B

Combined enterprise value of each ecosystem.

7 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 · #42 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

8 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
6.13×
7 unicorns · 18.4% of global sector
3.42×
18 unicorns · 10.3% of global sector
🥗 Food
2.97×
5 unicorns · 8.9% of global sector
1.74×
16 unicorns · 5.2% of global sector
❤️‍🩹 Health Tech & Medtech
1.41×
6 unicorns · 4.2% of global sector
💸 Fintech
1.36×
13 unicorns · 4.1% of global sector
1.28×
1 unicorns · 3.8% of global sector
🤖 AI
0.94×
9 unicorns · 2.8% of global sector

9 Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full India dataset — or see a sample on the Dealroom app.

Sector breakdown
Where India's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
India's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
India's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where India's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in India
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in India
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Get the full India ecosystem on Dealroom

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