New Delhi: Tech companies across the Delhi-NCR region attracted $2.4 billion in funding during the first nine months of 2025, a 12 per cent increase from the $2.1 billion raised in the same period last year, according to data intelligence platform Tracxn Technologies.
The report highlighted robust late-stage activity, with funding in this segment reaching $1.6 billion. This represents a 77 per cent surge from $920 million recorded in the first nine months of 2024, and a 121 per cent rise compared to $737 million during the same period in 2023.
In contrast, seed funding fell sharply to $174 million — a 50 per cent year-on-year drop — while early-stage investment declined 26 per cent to $644 million. Funding momentum was also supported by three mega deals valued at over $100 million each.
“The data shows strong late-stage momentum and continued occurrence of large-ticket deals, while early and seed-stage investments softened compared to the previous period. IPO and acquisition activity also gained visibility, further shaping the region’s tech ecosystem,” the report noted.
Auto tech, retail and enterprise applications were the standout sectors. Auto tech secured $1.3 billion, reflecting a massive 517 per cent jump from the same period last year. Retail startups raised $576 million — down 2 per cent year-on-year but 7 per cent higher than in 2023. Enterprise applications brought in $374 million, a 12 per cent decline from $424 million in the corresponding period of 2024.
The first nine months of 2025 also recorded 11 IPOs and 25 acquisitions, a 79 per cent increase from the 14 deals seen in the same period last year.
Within the region, Delhi remained the leading innovation hub, accounting for 57 per cent of all tech funding. Gurugram followed with 34 per cent, underscoring its continued attractiveness among growth-stage and late-stage investors.
