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India’s AI‑startup funding sees fewer but larger rounds as ecosystem matures

Indian startup funding raised ~$172.
An analysis of early November 2025 data shows Indian startup funding of approximately $172.5 million across 25 deals, marking a 39% year‑on‑year increase in capital raised despite fewer transactions. The trend indicates investor focus sharpening on deep‑tech, AI, space‑tech and health‑tech sectors. Founders say that scalable business models and strong unit economics are now minimum entry criteria.
The shift reflects a maturation of India’s startup market, where message of “fewer bets, larger cheques” is replacing broad spray of early‑stage capital.