VC funding into Indian startups plunges 66% in October
October saw 107 VC deals but a dramatic decline from $1.6 billion in October 2025, with only $581 million invested. The steepest drop was caused by lack of large-value transactions, with the largest deal being Even Healthcare's $50 million round. Through the first 10 months of 2026, Indian startups raised $10.4 billion. The funding pressure reflects global investor focus on AI startups, where India has few viable players compared to the US.
Key points
- October VC funding plunged 66% year-over-year to $581 million across 107 deals
- Absence of large-value deals driven by lack of viable AI startups compared to global competition
- YTD 2026 funding at $10.4 billion tracking toward $12 billion annual total from 2025
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. YourStory did the reporting; read the original for the full story.
Read the full story at YourStory
