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Q3 startup funding dips sharply

Despite fewer big-ticket deals, more venture investors are backing startups.
Q3 2025 saw Indian startup funding dip below $3B, totaling $2.78B across 240 deals, according to industry estimates. Despite the slowdown, unique investor participation rose 7% YoY, reflecting sustained interest. Major hubs like Mumbai and Bengaluru dominated, leading both deal counts and funding volumes. Does this indicate a strategic focus on established ecosystems or broader market caution? For startups, maintaining visibility and investor engagement in these key cities remains crucial amid tighter funding conditions.