India’s startup funding market may have seen fewer deals this year, but the money is still flowing disproportionately to Bengaluru.
Startups in the city raised $4.4 billion in the first nine months of 2026, nearly as much as the $4.8 billion raised by Mumbai, Gurugram, Noida, Delhi and Hyderabad combined, according to Tracxn’s India Tech - 9M 2026 Report , as reported by the Times of India .