Emerging tech hubs like Pune, Jaipur, Ahmedabad and Lucknow helped power India’s startup growth, with non-metro innovation rising fast outside big cities.
In 2025, India’s Enforcement Directorate stepped up actions against startups, leading to freezes, probes and operational disruption across gaming, fintech and e-commerce.
Despite a funding slowdown, India’s startup ecosystem raised close to $11 billion in 2025 as investors became more selective and focused on quality deals.
