Indian Startup Funding Slips 9% to $5.2 Bn in H1 2026; Consumer Bets Hold
Funding fell 9% YoY to $5.2 Bn across 501 deals in H1 2026. Ecommerce raised $779 Mn (down 35%) but led on deal count with 112 deals. Consumer-facing raises included Spinny ($170 Mn), Rapido ($240 Mn) and KreditBee ($280 Mn), with five new unicorns and emerging categories like lab-grown diamonds.
Indian startup funding fell 9% YoY to $5.2 Bn in H1 2026 across 501 deals. Consumer-relevant raises include Spinny, Rapido and KreditBee. Ecommerce funding dropped 35% to $779 Mn but led deal count; new consumer categories like lab-grown diamonds emerging.