Indian Fintech Funding Rises 14% to $2.2B Despite Fewer Deals

Photo: ET Tech

Indian fintech companies raised $2.2 billion from January to September 2026, a 14% increase from $1.9 billion the previous year, despite a 41% drop in the number of funding rounds to 153. Five deals of $100 million or more accounted for nearly half the total, including CRED's $540 million Series H round backed by Meta. Late-stage funding nearly doubled to $1.5 billion, making up 67% of total capital raised.

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