India startup funding drops 84% to $165.8 mn after CRED-led surge

Jessica Rajan, Published on Jul 4th, 2026

India startup funding drops 84% to $165.8 mn after CRED-led surge

Funding in Indian startups dropped nearly 84% to $165.8 million across 22 rounds during the week of June 26 to July 2, according to Tracxn. The decline followed the previous week's $1.03 billion in funding, which was boosted by CRED's mega fundraising round. Despite the fall in funding value, the number of startup deals increased week-on-week.

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